• about reply
Avantage Reply Logo
Menu
  • About Us
    About Us
    • About Us
    • History
    • Our Approach
    • Values
    • Alumni
    • Strategic Partners
    • Media Contacts
    • Contact Us
  • Our Capabilities
    Our Capabilities
    • Our Capabilities
    • Risk
    • Insurance
    • Finance
    • Conduct & Compliance
    • Technology
  • Newsroom
    Newsroom
    • Newsroom
    • News
    • Events
    • Press Articles
    • Blog
    • Academy
  • Publications
    Publications
    • Publications
    • Briefing Notes
    • Case Studies
    • CRO Insights Journals
    • Infographics
    • White Papers & Practical Guides
  • Career
    Career
    • Career
    • BELGIUM
    • FRANCE
    • ITALY
    • LUXEMBOURG
    • NETHERLANDS
    • UK
  • about Reply
Avantage Reply Logo

Search

Focus On

Case Study

Implementing new ILAAP Handbook

FOCUS ON: Case studies,

SUMMARY

The client wished to perform an enhanced gap-analysis of the organisation’s current ILAAP framework against the ECB and EBA guidelines as well as to use this information to design and implement an ILAAP Handbook/Framework document covering all in-scope entities. The final deliverable also included a detailed remediation roadmap, which helped the client and its entities to remediate and align their ILAAP processes across the Group in line with the regulatory and supervisory requirements.

CUSTOMER GOAL

The project required a custom approach executed by a team of experts in the liquidity area to deliver the following three objectives:

  1. Design and develop a new ILAAP Handbook, which incorporates the ECB and other applicable ILAAP requirements, outlining the ILAAP governance, its architecture and interlinkage between all ILAAP-related documents;
  2. Conduct an enhanced gap-analysis between the current ILAAP framework and the latest regulatory requirements (i.e. ECB, EBA, etc.);
  3. Build a remediation plan for closing any gaps and findings discovered as part of the second objective.

CHALLENGES

The project involved three separate entities and two separate businesses across two different countries. In order to develop a common standard for the ILAAP across the Group, the team had to manage and overcome the following challenges:

  • Account for differences in the regulatory environments across the jurisdictions;
  • Include the specificities of each business model;
  • Manage differences of opinion on what is applicable to which entity;
  • Coordination of teams working exclusively remotely.

SOLUTION

Avantage Reply approached the problem in a structured manner by allocating the tasks and teams according to their core skills. Each team was assigned to a specific business model in order to execute the objectives mentioned above. Both teams were participating in weekly meetings with each client and among themselves to ensure the high quality and consistency of the deliverables. In the end, each team delivered the following:

  • An excel-based gap-analysis of the current ILAAP framework against the EBA, ECB, CSSF and BaFin ILAAP-relevant regulatory requirements;
  • A Board presentation presenting the summary of the gaps along with the proposed remediation plans for each finding (incl. the resource requirements, estimated timeline, quick wins, teams involvement and the estimated impact on the processes/policies);
  • A common ILAAP Handbook which provides a template for the development of the ILAAP report for each entity, while outlining the key processes, information and sections that are required by the regulators.

RELATED CONTENTS

Case Study

Supporting daily ALM activity and reporting

Avantage Reply assisted a Finance department of a well-known private bank in daily activity and reporting production of the Assets and Liabilities Management team. The key tasks were assist the team in the improvement and preparation of the Internal Liquidity Adequacy Assessment Process (ILAAP), advise on the regulatory requirements and contribute to the implementation of local.

Case Study

Testing of liquidity regulatory reporting in light of the new BO system

Avantage Reply assisted a Finance department of a well-known private bank in the connectivity test phase within back office tool migration. The project covered a wide range of activities such as conducting multiple User Acceptance Tests (UAT) with on-shore teams, verify the impact of the change on regulatory reporting.

Case Study

Finance reporting support

Avantage Reply assisted a Finance department of a well-known private bank in daily and monthly reporting production related to liquidity. The key tasks were: produce and certify various regulatory reports, such as LCR, AMT, NSFR incl. contributions to group consolidated reports; produce and certify integral liquidity reports based on inputs from various business line.

 ​
 
 ​
 
Reply ©​​ 2023 - Company Information -
 Privacy Cookie Settings​
  • Abou​t Reply​​
  • Investors​​​
  • Newsroom
  • Follow Reply on
  • ​
​
  • ​About Avantage ​​Reply
  • Privacy & Cookies Policy
  • Information (Client)​
  • Information (Supplier)
  • Information (Candidate)