Financial Crime World

Regulatory Compliance Software for Banks in Germany: Ensuring Timely and Accurate Reporting

In an increasingly complex regulatory landscape, banks in Germany face numerous notification and reporting obligations to the banking supervisory authorities. To address this challenge, [Company Name] offers a comprehensive regulatory reporting solution that ensures timely and accurate reporting in accordance with German law.

Automated Regulatory Reporting Made Easy

Our regulatory reporting software is designed to automatically check, validate, and report relevant data from our PASS core banking system to BaFin or the Bundesbank via standardized interfaces. This streamlines the reporting process, reducing manual errors and ensuring that reports are generated on time. Manual adjustments can be made at any point if necessary.

A Modular Solution for Maximum Flexibility

Our regulatory reporting solution is designed to be modular, allowing it to be used both independently and in combination with our PASS core banking application. This flexibility makes it an ideal choice for banks of all sizes and complexity.

Benefits of a Modular Solution:

  • Can be used independently or in conjunction with other systems
  • Ideal for banks of varying size and complexity
  • Provides maximum flexibility for regulatory reporting needs

Integration Partnerships for Expanded Capabilities

We have established integration partnerships with leading standard software providers, including BSM for the BAIS application and Regnology for the Abacus360 Banking application. These partnerships enable our regulatory reporting solution to be integrated with a wide range of systems, providing banks with a comprehensive and seamless reporting experience.

Our Integration Partners:

  • BSM (BAIS application)
  • Regnology (Abacus360 Banking application)

Comprehensive Regulatory Reporting Capabilities

Our regulatory reporting software supports a wide range of regulatory reports, including:

Supported Reports:

  • ANACredit (Analytical Credit Datasets)
  • Foreign status
  • AWV (Foreign Trade Ordinance)
  • COREP (Common Solvency Ratio Reporting) & Co
  • EAEG (Deposit Protection and Investor Compensation Act)
  • FinaRiskV-RTF (Financial and Risk-bearing-capacity Information Ordinance)
  • FinaV (Financial Information Regulation)
  • FinRep (Financial Reporting)
  • FinRep AE (Financial Reporting for Asset Encumbrance)
  • Million Credit Report

Advanced Features for Enhanced Reporting

Our regulatory reporting software offers advanced features, including:

Advanced Features:

  • Automatic selection of relevant data
  • Direct drill down from the reporting interface to individual trades or transactions
  • Manual check/validation of messages and processing if necessary
  • Output and conversion to the required message format

Full-Service Provider for Regulatory Compliance

We offer a range of services around our regulatory reporting solution, including:

Our Services:

  • Maintenance
  • Licensing
  • Software as a Service (SaaS)
  • Expert advice in the field of reporting (certified specialists)
  • Migration projects (replacement of reporting software)

In conclusion, our regulatory compliance software for banks in Germany is designed to provide a comprehensive and integrated solution for timely and accurate reporting. With its modular structure and advanced features, it is an ideal choice for banks of all sizes and complexity.