AnaCredit reporting began in 2018 as a result of the European Central Bank’s (ECB) Analytical Credit Dataset (AnaCredit) project to create a harmonized database and framework of rules regarding credit exposure of credit institutions located in a member state of the Eurozone
AxiomSL’s AnaCredit solution on ControllerView® — deployable on premises or on secure RegCloud® — provides the data collection, validation, and reporting functionality needed to comply with the ECB’s requirements.
AxiomSL’s data integrity and control platform seamlessly integrates datasets from both the client’s banking data structure and external sources. The scalable, transparent platform and user-friendly business dashboards enable quick processing and management of large quantities of data.
After being enriched and validated, data is mapped to the ECB’s data structure and used to populate the mandatory report frameworks. The regulatory validation rules are then applied for AnaCredit reports prior to submission.
Enables confident AnaCredit compliance and audit defense across the Eurozone by transparently delivering efficient processing of large volumes of data, threshold checks, delta calculations, ECB/jurisdictional validations and reporting by loan type, counterparty and jurisdiction
Incorporates non-disruptively into the FI’s ecosystem, easily integrating heterogeneous data from original sources with flexible data management and transformation
AxiomSL’s EntityView extensible data dictionary architecture enables FIs to seamlessly add new country exposures as business changes occur
With the AnaCredit solution on ControllerView, FIs are well positioned to incorporate other reporting requirements — including stress testing frameworks, the Integrated Reporting Framework, Securities Holding Statistics Group (SHSG), Common Reporting (COREP), and Financial Reporting (FINREP)
Delivers insight into loan portfolio and counterparty/jurisdiction exposures with transparent access to well-managed, trusted data on a single platform
AxiomSL automatically provides solution updates as requirements change in order to maintain consistent compliance
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