Custom digitalization of your financial and risk management
Competition, rising costs, demanding regulatory standards and the modernization of outdated IT environments create pressure to change in the financial sector. Sophisticated reporting, accelerated processes as well as harmonized data and data flows all have to be achieved in ever-shorter cycles. We develop solutions for these challenges. For over 25 years now, our company has stood for excellent consulting for all specialized areas of financial and risk management combined with technology expertise and implementation strength.
We accompany you from concept to implementation with a stable team. Based on a feasibility analysis, we evaluate all factors relevant to your goals, develop an appropriate digitalization strategy, and identify vulnerabilities, optimization potential and costs. Our solution offers measurable added value. It transforms the raw data of your operational systems into meaningful indicators and aggregated values for accounting, controlling, risk management or reporting. It takes into account the full range of interdependencies and integration points while ensuring compatibility and standardization of the data landscape. To achieve this, we use the proven standards of renowned partners as well as our own developments with a constant focus on your future prospects. Even if the solution is initially only intended to cover parts of the company, we lay the conceptual foundations for extension and customization.
We can therefore help you tap into the greatest possible standardization and automation potentials and offer you maximum transparency using prototypes as well as demo systems to simulate the functionality of new applications from the beginning of the project.
- Enterprise Performance Management
- Core Banking
- BI & Data Management
- Our services at a glance
Excellence in planning, reporting and consolidated financial statements
The recent crises and changes have put the management processes, methods and systems of companies in the financial sector to the test. Against this backdrop, powerful and integrated enterprise performance management (EPM) is becoming increasingly important. Our solutions cover the entire EPM context from conceptual design to technical implementation. We take into account all the necessary methods, reporting content, processes and systems to ensure precise analyses, effective monitoring and reliable forecasts and reports. To do this, we integrate all the relevant elements within the framework of a consistent end-to-end view—ranging from strategic planning, budgeting and forecasting to monitoring, analysis and consolidation. Our implementation strength is reflected in a structured reporting design (based on the IBCS) and in the integration of all functions using advanced EPM applications. The EPM solutions we establish are used to analyze and consolidate data from various sources and transfer it to a consistent data layer. You can therefore achieve transparency and take the appropriate measures early on, while using continuous analysis and real-time reviews to help you identify risks before they become real problems.
We optimize your consolidated financial statements with regard to both content and time by integrating and accelerating the interplay between the required process steps from data acquisition and individual financial statements to consolidation and reporting across all interfaces. With an EPM landscape designed in this way, you can meet all the requirements for financial reporting that live up to the required quality standards even under tremendous time pressure.
Based on the EPM applications, we implement industry-specific reporting components for banks (e.g. for FinRep/CoRep) and therefore support an integrated reporting architecture as opposed to isolated solutions. When it comes to reporting, we rely on modern Disclosure Management (DM) applications. They serve to optimize collaboration, workflow, compliance and control throughout the entire reporting process and make way for smooth interactions between participating business units, people and the relevant IT systems. We can therefore establish a solid foundation for working according to the principle of a single source of truth - a consistent report version with reliable informative value.
Our implementation solutions and services at a glance:
- Consolidation solutions
- Planning solutions
- Solution to support the creation of annual reports
- Industry-specific reporting solutions for banking
- Reporting redesign
- our services at a glance
Innovative core banking solutions to meet the challenges of our time
The banking industry is facing the challenge of placing its core banking business on a sustainable and profitable foundation. The growing regulatory pressure to adapt is also increasing the need to transform the core banking systems that underlie virtually every major bank process. The increasing digitalization of services and the growing range of externalized business processes (banking as a service, API banking) are also increasing the pressure on established market players.
We support banks with our integrated expertise from the preliminary study as well as the functional and technical conceptual design to implementation of sustainable solutions for the following basic functions:
- Current account and deposit transactions
- Credit business
- Liquidity management
- Payment transactions
- Customer data management
We focus here on the optimization and design of enterprise architecture and business processes as well as data modeling and software selection. We guarantee the reliability and quality of our solutions as an experienced management consultant in the role of "trusted advisors" in large implementation and transformation projects. When implementing new core banking solutions, we focus on best-practice approaches starting with top-down planning of the IT architecture anchored in the functional requirements and extending to achieving the highest possible degree of modularization and decoupling of the individual IT components.
- Our services at a glance
We find the common denominator between flexibility and stable processes
The pressure exercised by regulators on the financial sector and the increasingly volatile market are having a critical impact on data processing by banks. Successfully managing these factors directly depends on the ability to correctly, fully and rapidly evaluate the relevant information. Enterprise-wide data management is gaining particular importance in this regard. The current regulatory requirements in accordance with BCBS 239 or MaRisk require quick responsiveness to changes in the market, such as external and internal reporting systems to simulate failures or fluctuations in the market, with consistent data quality, full traceability and reproducibility of the results.
Our strength consists of transforming this conflict between flexibility and stable processes into agile enterprise-wide data management. After developing a tailor-made functional concept and the derived technical objectives, we examine the development processes of your business units and the associated IT to harmonize both aspects with the enterprise architecture. We introduce data governance organizations, processes and tools all the way through to selection and implementation of business intelligence platforms. We also support you in all areas of the targeted and efficient use of modeling tools as well as in implementing modern master data solutions.
Data management and particularly the provision of metadata play a particularly important role in the overall data landscape. This applies to data quality management as well as to impact and origin analysis (data lineage), or the ability to put data in the right contexts to provide users with the best possible support with information analysis and interpretation.
With regard to all of these issues, we provide you implementation expertise and many years of experience with the following solutions:
- Metadata management & data modeling (including SAP PowerDesigner, Enterprise Architect)
- Databases (e.g. Oracle, SAP HANA, SAP BW)
- Data quality (including SAP Information Steward, SAS DataFlux)
- ETL (including SAP Data Services, Informatica, Oracle)
- BI/Reporting (including MicroStrategy, SAP BusinessObjects, Oracle BI)