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Logica UK Limited
Fountain Court
2 Victoria Square
Victoria Street
St. Albans
AL1 3TF
United Kingdom
Tel: + 44 (0) 845 604 1227
Robin Bridge
Product Centre Director
An increasing level of regulation is taking place such as Anti Money Laundering, the Basel II Capital Accord, International Accounting Standards (IAS), Integrated Regulatory Reporting (IRR) and Mandatory Electronic Reporting (MER). Although these do not only intensify competition in almost every market, they also generate more layers of legislation and regulation that have to be addressed. The cost of doing business is increasing as the business risks associated with this.
Logica's automated regulatory reporting solution (rFRAME) can simplify the regulatory compliance across multiple jurisdictions; tackling the issues of decentralised regulatory compliance, system and business scalability, automation of regulatory activities while minimising the total cost of ownership.
With minimum effort, rFRAME can easily be integrated with any banking solution. rFRAME supports the use of existing data feeds already available, and is compatible with any industry standard Business Intelligence tool. A Business Intelligence tool is the key to understanding, analysing, and modelling core activities and drivers. It provides competitive advantage through better understanding of customer behaviour, and areas of growth and profitability.
Logica is helping over 250 financial services organisations globally deliver accurate and timely reporting to their regulators, and to tackle the problems of risk management and fraud detection.
Logica's solution reduces the pain involved in regulatory compliance; our dedicated team of regulatory specialists, business consultants and technology experts ensure that the solution is maintained and kept in line with the changing regulatory requirements.