Abacus360 Banking complies with the requirements of the European Banking Authority’s and ECB reporting frameworks as well as with the local requirements of national supervisory authorities. A standard interface facilitates the import of raw data, such as book and market values and partial results data, such as risk-weighted assets (RWA) and report results. The Abacus engine provides a wide range of calculation functions, including risk calculation according to the standard approach or internal ratings based approach (IRB) and capital adequacy calculations.
By means of a user-friendly interface, the system provides a comprehensive functionality for data analysis, auditing, sign-off and generating reports and manual interventions at every step of the report generation process. Abacus360 Banking provides standard reporting content for numerous jurisdiction and facilitates flexible integration of jurisdiction-specific requirements via the Template and the Rule Designer.