The British Bankers’ Association Annual Liquidity Conference

When: June 24, 2015
Where: London, United Kingdom

AxiomSL will sponsor and exhibit at a British Bankers’ Association half-day conference taking place in London, which will concentrate on best practice when approaching liquidity reporting, calculations and monitoring.

Liquidity reporting is at the top of the agenda for many compliance teams in Europe this year, as regulators demand new and more frequent disclosures, and banks negotiate the ongoing uncertainty surrounding the transition to the Capital Requirements Directive IV (CRD IV).

In October 2014, we wrote a post entitled ‘LCR reporting in T+15: What are the implications for market participants?’, regarding the reduction in the remittance period for liquidity coverage ratio (LCR) reporting from 30 days to 15 days in 2015. Whilst numerous concerns lie in ensuring data is effectively aggregated and cleansed for liquidity reporting metrics, other worries lie in the multi-jurisdictional implications associated with liquidity reporting and calculation models across the business.

Agenda

The BBA’s Annual Liquidity Conference will explore these issues in depth, and we expect to see the following points raised in our discussions:

  • Multi-jurisdictional liquidity calculation and reporting
  • Identifying the gaps and prioritising business requirements across the firm
  • Building new and adapting existing frameworks to conform to new Basel III requirements
  • Leveraging liquidity measures to enhance risk management practices
  • 2015 LCR disclosure and intraday liquidity: Challenges and how to overcome them

Come and visit our booth

We will have our own booth at the Annual Liquidity Conference, so if you would like to learn more about how AxiomSL works, or would like to discuss the latest regulatory reporting challenges and developments affecting your team or firm, please come by and visit.

To arrange a discussion, simply schedule a meeting by clicking the link below.

Schedule Now...

AxiomSL’s EMEA COO discusses changing liquidity requirements
with Inside Reference Data

EMEA COO, Ed Royan, gave an interview to Inside Reference Data, a trade magazine, about how new liquidity reporting requirements will impact firms in Europe and what they can do to prepare.

In the article, Ed points out that many firms have found the data volumes needed for Common Reporting (COREP) challenging. However, liquidity reporting requires even larger amounts of data.

He also underlines the importance of firms having the right data infrastructure, explaining: “Those that have worked on getting their data infrastructure at a good level – integrating it, putting in place reconciliation processes and systems to normalize the data – aren’t concerned about the reporting challenge. It is a much bigger challenge for those who haven’t really spent the money addressing the data challenges and issues around the data gaps – that is where a lot of the pain will come from.”

To read the full article, including more commentary from Ed and other industry participants, please visit the Inside Reference Data website.