DataPoint Model changes

DataPoint Model changes

For a Major EU Clearing House

About the client

Our client is a major clearing house in Belgium that is active in the domain of settling securities transactions & safekeeping.

The challenge

In order to provide a uniform implementation of the ITS on Supervisory Reporting, the data items included in the ITS have been translated into a DPM. The DPM is a structured representation of the data, identifying all the business concepts and its relations, as well as validation rules. It contains all the relevant technical specifications necessary for developing an IT reporting solution. Over time, there are changes to the DPM that need to be applied to the reporting processes at banks. 

How b.fine supports the client(s)

b.fine is managing the full impact of each DPM upgrade for different clients. Starting from the EBA documentation, a first high level gap analysis is conducted in terms of data and processes. Once the gaps are identified, b.fine sat down with the different involved stakeholders,  to identifu and implement the most appropriate solution to close these gaps. e.g. in the context of DPM 2.8 (applicable since of 31/12/2018), b.fine managed the integration of the new concept PVA within the regulatory risk engines and the COREP reports. b.fine also managed the most recent DPM changes (3.0, 3.1 and 3.1 Phase 2) for some of its clients. 

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