Case Study
Central bank’s risk department delivers flexible, higher quality reports through automation
SUCCESS STORY All rights reserved © SkySparc AB | USE OF OMNIFI REDUCES OPERATIONAL RISK AND INCREASES PRODUCTIVITY | Central bank’s risk department delivers flexible, higher quality reports through automation ABOUT THE CENTRAL BANK The client is the risk management department of a Euro-Zone central bank that uses Wallstreet Suite (WSS) 7.4 across all its main functions, i.e. front, middle and back office and accounting. It makes extensive use of the system’s TRM and ACM modules, and connects to various elements of the financial market infrastructure, including SWIFT and market data sources. Overall, the client is a diverse user with a wide range of reporting needs. CHALLENGE The risk management team produced a number of regular reports via largely manual processes for collection