Frankfurt am Main, 5. März 2018 – Die Management- und Technologieberatung BearingPoint, einer der führenden Anbieter von Regulatory und Risk Technology (RegTech/RiskTech), hat bei den Central Banking Awards 2018 den Award als „Consultancy and Advisory Provider of the Year (Data and Regulatory Management)“ gewonnen. Die Jury zeichnete BearingPoint für seine profunden Marktkenntnisse und die daraus resultierende qualitativ hochwertige Beratung und Betreuung von Zentralbanken und Aufsichtsbehörden aus. Das Unternehmen wurde zum einen für seine innovativen Ansätze im Bereich des regulatorischen Reportings, wie zum Beispiel Shared Utilities, prämiert, zum anderen für seine Software Abacus360 Regulator – eine Lösung zur Erfassung, Analyse und Verbreitung aufsichtsrechtlicher und statistischer Daten.
BearingPoint has been honored with a Central Banking award for the third year in a row. Launched in 2014, the awards acknowledge companies and individuals that stand out within the central banking community.
BearingPoint has engaged in groundbreaking work to create common data models for regulators and reporting banks in Austria and the UK. It also impressed the judges with its efforts to offer technology services and advice in the areas of data management and regulation to a number of other official institutions – something that is critical in today’s fast-changing environment.
Christopher Jeffery, Chairman of the Central Banking Awards Committee and Editor in Chief of Central Banking
The award indicates the central banking community’s trust and recognition of us as an expert in data management and reporting, which makes us proud. It also clearly reflects our commitment to always remain at the forefront of developments in this area through continuous dialogue with regulators, regulated institutions and other stakeholders. We combine our long-standing consulting expertise with our innovative RegTech and supervisory technology to help regulators overcome the data challenges they are currently facing.
Robert Wagner, Global Leader Financial Services at BearingPoint
We are honored to receive the award, our third consecutive award from Central Banking. We believe this is a great appreciation of our strategy to serve all stakeholders across the regulatory value chain, and it underlines our innovative strength that is reflected by our Abacus360 Regulator solution. At the same time, it is an honor for our data management advisory services. The repeated recognition also demonstrates the continuous international growth of BearingPoint’s Solutions business. Our RegTech unit, with its Abacus solutions, has contributed greatly to that success in 2017.
Jürgen Lux, Global Leader Solutions at BearingPoint
Abacus360 Regulator is an innovative, integrated solution for central banks and supervisory authorities that gives 360° risk-based supervision. It goes far beyond mere data collection by integrating comprehensive functionalities for regulatory analytics, risk calculations and management of supervisory key risk indicators (KRIs). Furthermore, it helps central banks to comply with the new reporting requirements under the AnaCredit regulation, the ECB regulation on the collection of granular credit and risk data applicable from September 2018. Abacus360 Regulator not only enables collection and analysis of AnaCredit relevant data but also can be extended to meet the requirements of national credit registers.
Abacus360 Regulator offers essential functionalities on one modular platform. The various components can be individually combined according to the specific needs of supervisors. Abacus360 Regulator is characterized by high performance and scalability as well as significantly increased transparency and increased integration in supervisory processes. Abacus360 Regulator, with its very short implementation period, is in use at several national central banks.
BearingPoint is an independent management and technology consultancy with European roots and a global reach. The company operates in three units: Consulting, Solutions and Ventures. Consulting covers the advisory business; Solutions provides the tools for successful digital transformation, regulatory technology and advanced analytics; Ventures drives the financing and development of start-ups. BearingPoint’s clients include many of the world’s leading companies and organizations. The firm has a global consulting network with more than 10,000 people and supports clients in over 75 countries, engaging with them to achieve measurable and sustainable success.
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