• 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

Case Studies

Case Study

CRR 2 implementation

FOCUS ON: Case studies,

SUMMARY

Avantage Reply assisted a well-known Private Bank in the Eurozone in the transition to the new regulatory reporting requirements into force from June 2021, i.e. Capital Requirements Regulation 2 / CRR 2. In particular, the reporting function needed support on the following topics:

  • Large Exposures (LE)
  • Fundamental Review of the Trading Book (FRTB)
  • Standardised Approach to Counterparty Credit Risk (SA-CCR)

CUSTOMER GOALS

The client was looking for additional support in order to implement regulatory changes required by CRR 2.

CHALLENGES

The project involved a vast scope of regulatory topics and activities performed by the institution. As a result, the primary challenge was to understand and process a great amount of regulatory and internal data in order to arrive at meaningful conclusions. Moreover, due to regulatory deadlines, the team had to provide a clear roadmap with action plan to meet regulatory requirements.

SOLUTION

Avantage Reply conducted in depth analysis and delivered a number of solutions, primarily focused on the following:

  • Summary note highlighting the impacts of the new regulatory requirements
  • Mapping of potential gaps to be closed, taking into account current or future projects
  • Express business requirements to IT - contribution to the roadmap that considered business dependencies and constraints, e.g. availability during production periods
  • Contribution to the execution of User Acceptance Tests
  • Monitoring and communication on the progress of the project

RELATED CONTENTS

Case Study

Risk Support

Avantage Reply provided support to the Risk department of a custodian bank that operates at an international level. The goal was to help with the completion of the department’s daily tasks and any upcoming projects

Case Study

Risk Management Support

The client began a project to switch to a new core banking system and aimed to complete this transition quickly with minimal impact on their daily processes and duties.

Case Study

Internal Audit of the Recovery Plan

The client, an independent and privately-owned banking group which provides private banking services, wanted an external expert to support their internal audit team. In particular, the client wanted to review and provide assurance that their Group Recovery Plan is in line with the latest regulatory requirements and best market practices.

 ​
 
 ​
 
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)