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