At ALMIS International we have been developing our software solutions continuously for over a quarter of a century. In 2019 the pace of our development activity has moved up a gear, in particular with two key developments which will both reach launch in Q3/Q4:-
- Our new regulatory reporting system, Front Office +: Regulatory Reporting
- Our dedicated bank data platform, Middle office +
These two key developments flow from some of the most fundamental elements of our ongoing product development strategy:-
- Maintenance of our offering on a modern platform
- Regulatory compliance
Front Office + : Regulatory Reporting
Available for early adopters from September 2019 (roll-out the rest of our clients from October) FO+: RR is the brand-new system in which all new regulatory taxonomies will be developed. In addition to the functionality of our existing regulatory reporting module, FO+: RR will support multiple taxonomies simultaneously, will allow viewing the contents of XBRL files, will work faster, and operates on a dedicated SQL database. Clients will be invited to participate in an introductory webinar in early October. After release, FO+: RR will be developed to support a wider range of regulatory returns (incl. BoE statistical).
View more on Front Office +: Regulatory Reporting here.
Middle Office +
After sustained effort over several years, through specification, design, development and testing, we are excited to bring the first truly dedicated bank data platform to the market. Built upon a new data model developed specifically for modern bank balance sheet management, MO+ offers various benefits including:-
- Greater flexibility for Extract, Transform and Load into MO+
- Extended data validations
- Dashboards to view data position
- Flexible Data Grids to review and cleanse data
- Enhanced audit log
- Transformation/Calculation functionality
- Enables data analytics on extended MO+ data
View more on Middle Office + here.
The roll out of these key new developments of course comes at the same time as various other major developments for ALMIS®/Cobalt clients this year, including the roll out of our New ALMIS Hosted platform. This is all part of our determination to offer clients the best comprehensive offering of ALM and related solutions in the domestic market.