Functionalities

Abacus360 Banking will gradually cover all existing Abacus regulatory reporting modules. In addition, the functional scope of the new software generation will be extended by risk modules and the Advanced Tools that will far surpass the previous capabilities of Abacus. By integrating these functional areas into one holistic platform with a single data model, Abacus360 Banking will increase the efficiency of regulatory processes, transparency and quality of data, and agility through faster implementation of new regulatory requirements.

Reporting with Abacus360 Banking

The various modules of Abacus360 Banking will fulfill the requirements of both the EBA and the ECB as well as the national supervisory authorities. The product will offer standard reporting modules for numerous jurisdictions that can be flexibly adapted to individual requirements by means of the Advanced Tools.

Risk Calculation and Valuation with Abacus360 Banking

In addition to the tried-and-tested reporting modules already available to banks, the new software generation has placed the full spectrum of financial calculation – valuation, simulation, and risk quantification – at the banks’ disposal on a single platform. On the basis of the proven models for risk und valuation (RiVa), which have been consistently advanced, expanded, and optimized over the past 20 years, Abacus360 Banking now makes it possible to calculate regulatory indicators and key risk figures using a single redundancy free data model.

Advanced Tools

Abacus360 Banking offers optional “Advanced Tools” that enable banks to tailor and optimize reporting processes, regulatory analytics, and regulatory management. Individual requirements can be met through flexibly assembling the additional functional components in line with the modularity principle.

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