aiestes case studies

FinRep – Data Point Model 2.9 (EN)

Challenge

The adjustments within the scope of the reporting requirements for data point model (DPM) 2.9 published in 2019 relate to the presentation of Forbearance and Non-Performing Exposures (NPE), to disclosures in the income statement and to IFRS 16 Leases. Both IFRS users and nGAAP users are affected by the adjustments. DPM 2.9. is to be applied for the first time as of the reporting date 30 June 2020. Extensive changes have been made to existing templates, particularly in the NPE. The complexity differs significantly between Module 1 (generally applicable) and Module 2 (application to larger and complex institutions with an NPL ratio > 5%). These changes partly imply extensive process and system adjustments.

Procedure

  • (Technical) Concepts
  • Gap analyses
  • Adaptation of existing processes and systems
  • Adaptation/expansion of the data budget
  • Creation/ adjustment/ mapping of charts of accounts
  • Test of the implementation

Result

  • Audit-proof implementation
  • Practical conception and evaluation of analyses
  • Linking of business departments, IT and processes as well as interface topics
  • Consistent data reporting in the context of cross-validation of related supervisory reports

Skills aietes

  • Several years of experience in the FinRep environment
  • Sub-project management
  • Implementation planning and technical conception
  • Preparation of the data requirements
  • Linking business and IT departments
  • Test Management

Your contact

Markus Wittenberg
Markus WittenbergSenior Manager

This email address is being protected from spambots. You need JavaScript enabled to view it.

+41 78 670 68 19

Reference projects

  • Conceptual design and implementation of various finrep taxonomies (German credit institution)
  • Several years of professional management (German credit institution)
  • Implementation First-time adoption Finrep (IFRS and HGB) (German credit institution)