BearingPoint knows dynamic businesses demand dynamic technology solutions and services
BearingPoint RegTech has been honored with the FinTech & RegTech Global Award 2019 in the category "Distributed Ledger Technology Provider of the Year". BearingPoint has convinced the award jury with a proof of concept (PoC) of a blockchain-based and thus innovative and cost-effective approach to face the growing complexity of regulatory reporting.
BearingPoint is developing a solution for the integration of the SAP Financial Services Data Management (FSDM) data model on Abacus360 Banking for use in regulatory reporting in a joint project with their customer Berlin Hyp and cooperation partners SAP and okadis Consulting GmbH.
With significant advancements in machine learning and increased availability of open data of high quality, the use of data is steadily increasing amongst public sector organizations in their aim to tackle risk management in public domains.