Argus’ Data Management Platform combines Argus’s 20+ years of experience in the financial services industry and technology expertise to provide a unique, easy-to-use and efficient database to clients. The Platform has the following features:
Implementation options: On cloud or On-Premises at a client or Argus Hardware
Database options: Traditional RDBMS or Hadoop
Convergence is occurring in the Regulatory Reporting practices globally with the Data infrastructure aligning towards BCBS239/Automated Data Flow (ADF) and the reporting subject areas aligning with Basel norms of Liquidity Risk (LCR/NSFR), Credit Risk Management (Impaired Assets/Concentration Risk), Tax compliance (FATCA/CRS) etc.
Fintellix provides a BCBS239 aligned platform which leverages existing data infrastructure to manage Regulatory Rules & Validations, Changes to Regulatory Templates and even some user-driven data augmentation through a next-gen Data Management Platform. A business configuration engine allows Business users and analysts to apply conditions on exposures, GL items, Industry classification on granular portfolio data, using business & reporting dimensions that the Bank is already used to managing.
Moreover, a localized SME coverage coupled with centralized center of excellence to deliver best practices from multiple global engagements, has helped Argus to successfully provide regulatory reporting for more than 15 countries. Additionally, our regulatory experts monitor regulatory updates and proactively upgrade the product to help clients stay compliant with the ever changing regulatory requirements
Below is a snapshot of regulatory reporting coverage for few regions:
|Regulator||RBI, NHB, FIU||FRB, CFPB, OCC||SAMA||BOM||MAS||APRA, RBA, ASIC||CBK|
|Report Coverage||Repository of >300 regulatory reports catering to the requirements of Banks, NBFCs, Housing Finance Companies, Primary Dealers etc.||CCAR, DFAST, FFIEC, AML, IRRBB, FDIC, FRTB, 2052A/B||Over 60 returns covering areas like the investments made, current exposures etc. including complex reports from M1 – M18||Argus BOM reporting suite covers the entire gamut of 70 odd returns in XBRL format mandated for the banks in Mauritius.||The revised 610/1003 report by MAS is a significant change from the earlier submissions. Argus MAS reporting solution can help banks automate and comply with the new regulations (610 & 649)||Coverage for revised EFS returns & non-supervisory regulatory requirements of ADIs & non-ADIs and incoming regulations across Exposures, SA-CCR, Impairments, etc.||CBK requirements for banks to submit over 30 returns, are covered under the Argus CBK reporting suite|
* Please reach out to us to know more about the coverage for your region
Argus’ unique merchant tagging helps create a full view of spend and behavior enabling on-us and off-us analytics of consumers’ wallets. Proprietary fuzzy algorithm maps transactions to store names and geo-locations, which can help in selecting the merchant/issuer partnerships as well as improving card-linked offers and improving response rates.
The Argus Interactive MIS (AIM) Reporting packages years of data understanding to focus on the right business metrics, at the right time, to drive action, through simple end-user tools built to fit the client’s needs. The solution can be hosted in Argus or at a client’s site, and it delivers 42 pre-built Tableau based reports that can be further customized to specific needs. AIM can satisfy all the MIS reporting needs across the organization – from Senior Leadership through to business analysts.