Liquidity Coverage Ratio Webinar

Thank you to everyone who attended our Liquidity Coverage Ratio Webinar, which was held on July 31st 2012 exclusively for ALMIS users and recorded a high attendance level.

The webinar was presented by Joe Di Rollo, Managing Director of Almis International, Alex Wood,Client Support and Georgina Macleod, Business Development Executive. This webinar covered the topic of the Liquidity Coverage and the Net Stable Funding Ratios which are included in the COREP regulations due to come into effect on the 1st January 2013.

The purpose of the webinar was to go through the LCR and NSFR requirements and highlight any practical management issues in readiness for this regulation and the next ALMIS releases giving CRD IV LCR and NSFR reporting. It was determined during the webinar that the majority of the attendees surveyed use ALMIS to comply with the current liquidity regime. Over half of the webinar attendees confirmed that they have already submitted an LCR Return.

Please feel free to download the slides from the Liquidity Coverage Ratio webinar, to do so click here.

The webinar was a resounding success with our clients being extremely satisfied with the explanation of the ratios and the indicative examples which were explained:

“It covered a topic I didn’t know much about in the right level of detail”

“The demonstration using ALMIS was useful, so we could see how to obtain the respective figures from ALMIS”

“Helpful explanation of requirements and functionality”

Points raised from this webinar were:

• Based on the CRR / CRD IV text, as published in July 2011, LCR reporting will become mandatory from 1 January 2013 onwards

• LCR involves short term resilience – ensuring it has sufficient high-quality liquid assets to survive a significant stress lasting one month (30 days)

• NSFR involves the resilience over a longer time horizon by creating additional incentives for Banks to fund their activities with more stable sources of funding on an on-going basis.

If you have any enquiries regarding our COREP regulatory reporting module please do not hesitate in contacting us.