ALMM Update
The PRA has finalised the date of changes to liquidity reporting rules. On 22 April 2016, FSA 050-053 will be switched off and the EU requirements to report additional liquidity monitoring metrics introduced.
ALMIS
Stay up to date with the latest developments and company news from ALMIS International.
Navigating COREP Taxonomy Changes
The imminent introduction of the new LCR and ALMM will indeed increase the volume and even frequency of reporting for many Building Societies but, after closer inspection, is it all bad news or can firms use this data to their competitive advantage?
COREP Taxonomy Updates
There have been some recent press releases issued by the EBA regarding updates to the Data Point Model and the XBRL Taxonomies according to the Implementing Technical Standards (ITS) on Supervisory Reporting.
Almis Strengthen Core Team
Simon Garrett joins as Head of Implementation, having previously worked in a similar role with Oracle.
Colin McKay joins as Chief Operating Officer
November 1st 2015, ALMIS International announces the key appointment of Colin McKay as Chief Operating Officer (COO). This key appointment signals an exciting new phase in the expansion of the company, established in 1992, which has seen significant growth over the past two years.
LCR under the new Delegated Act 58 Banks and Building Societies attend ALMIS webinar
From 1st October all UK Banks and Building Societies are required to produce the LCR under the new delegated act. To help bring clarity to the new delegated act and address the key points which affect small banks and building societies ALMIS International, already experts in delivering an automated solution…
Liquidity under CRD IV and ALMM – Additional Liquidity Monitoring Metrics – Is there a positive aspect?
The imminent introduction of the new LCR and ALMM will indeed increase the volume and even frequency of reporting for many Building Societies but, after closer inspection, is it all bad news or can firms use this data to their competitive advantage?
IRRBB Consultation Document Published by Basel Committee on Banking Supervision
The Basel Committee at the Bank for International Settlements has just published (8th June 2015) its consultation document on a review of the regulatory treatment of interest rate risk in the banking book (IRRBB).
Scottish Business Pledge
ALMIS International are delighted to make the commitment to the Scottish Business Pledge. The Scottish Business Pledge is a values-led partnership between the government and business. It is a shared ambition of boosting productivity, competitiveness, sustainable employment, and workforce engagement and development
Increased Regulation Reporting from June 2015
Banking institutions across Europe are having to deal with increasingly complex reporting requirements. This is a significant challenge (and cost) for finance departments in Building Societies. At ALMIS International, we are pleased to provide these additional reporting capabilities seamlessly, on time and without additional cost.