Automated PRA110 Solution For Liquidity Monitoring And Reporting

Part of AxiomSL’s holistic liquidity risk management ecosystem, the PRA110 solution empowers UK financial firms to meet the Bank of England Prudential Regulation Authority’s (PRA) monitoring and reporting requirements and reconcile with Basel-driven mandates including LCR.

Increased Granularity And Frequency

Replacing the FSA047 and FSA048 processes as of July 2019, the PRA110 report enables regulators to assess liquidity risk more strategically by requiring financial institutions to deliver granular data on the portfolios in their banking/trading books and monitor and report liquidity cashflow mismatches on a daily basis.

Going Beyond Basel Requirements

PRA110 reporting requires nearly 29,000 datapoints additional to liquidity reporting requirements for Basel I/II/III, with Basel IV pending. Efficient and transparent reporting will require substantial automation.

Calculation and Reporting Challenges

Depending on its profile, a firm may be required to calculate and report with daily, weekly, or monthly frequencies. In addition, firms must integrate PRA110 calculations with other liquidity compliance regimes.

Learn more about AxiomSL’s PRA110 Solution and Basel Liquidity Risk Ecosystem

AxiomSL’s PRA110 Solution And Liquidity Risk Management Ecosystem

The PRA110 solution for UK firms is part of AxiomSL’s holistic liquidity risk management, monitoring, and reporting ecosystem

Data-driven | Transparent | Fully Integrated

Powered by the AssetLiabilityView extensible data dictionary architecture

Integrated within a unified liquidity ecosystem

Automates maturity mismatch calculations

Offers a report-level adjustment input enabling bulk uploads with roll-ups

Provides insight into variance and trend analysis via user-friendly dashboards

PRA110 Solution Features

Data Management

Disparate sources can be integrated seamlessly into the AssetLiabilityView extensible data dictionary architecture that delivers consistent data into optimized processes and automated, transparent calculations.

The PRA110 Solution leverages ControllerView’s capabilities to process large intra-day liquidity volumes.

Risk Management and Compliance

Provides control over the entire liquidity risk management process from data sourcing to calculation results, to reporting, and including XBRL submission.

Fully integrable into internal risk management functions with detailed outputs and custom management information (MI) reports.

Governance and Transparency

Delivers traceable, transparent processes and data lineage that enable confident liquidity metrics, and bolster governance.

Results include shortened time to implement and acquire business acceptance, reduced total cost of ownership (TCO), and increased operational efficiency.

Holistic Ecosystem

Integrated into a unified liquidity ecosystem that encompasses requirements including LCR, NSFR, and LMT/ALMM.

Internal MIS and external regulatory liquidity risk calculations leverage common data and modelling assumptions for data consistency and optimization.

Key Benefits

Data-driven solution delivers complete transparency, drilldown, and clear audit trail

Automation enables compliance with PRA110’s increased data granularity and reporting frequencies

Transparent controls facilitate the liquidity risk management process, from data sourcing to reporting and XBRL submission

User-friendly dashboards produce insightful variance and trend analysis

Fully managed secure RegCloud deployment creates efficiency and reduces infrastructure cost

Robust data management capabilities let clients build or integrate cashflow modelling logic including behavioral flows

Related Insights

Important Considerations For A PRA110 Solution

Have we considered how to integrate PRA110 with our stress-testing framework?

Do we have a solution to analyze market and funding liquidity for our retail and wholesale portfolios?

Can our solution calculate and populate hundreds of rows across more than one hundred columns?

As a smaller firm, do we have efficient tools and processes to monitor daily and report monthly?

As a larger firm, are we prepared to report weekly with T+1 remittance period?

During economic or market stress, can we report daily or weekly with a T+1 remittance period?

Global Liquidity Monitoring, Risk Management Calculations, and Reporting Solutions

Learn more about AxiomSL’s PRA110 Solution and Basel Liquidity Risk Ecosystem

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