Insurance & Banking Reporting Architecture
IBRA – Innovation In Regulatory Reporting
Logica’s Insurance and Banking Reporting Architecture (IBRA ) is our solution for financial institutions
facing the increased frequency and complexity of the reporting demanded today by regulators.
It solves the reporting issues you face daily. Embodying more than 25 years experience and
understanding of regulatory reporting, it does so intelligently.
IBRA has an innovative architecture. Its framework product has the common functionality needed for
a regulatory reporting solution, separated from its discrete reporting functionality that is supplied as
metadata.
The metadata configures and ‘drives’ the behaviour of the framework product, delivering the
required reports to the desktop. This means that the implementation of changes in the reporting
requirements is separated from new releases of the framework software. In short it is simpler and
quicker for you to complete. It is also easier and quicker for us to develop new reports and maintain
existing ones.
Key benefits
- Multi-jurisdictional
solution capable of
delivering regulatory
returns for any market
and regulator.
- Fully-automated
workflow with intelligent
exception-handling
capabilities
- Innovative architecture
supporting the
separation of the
framework product from
the delivery of reporting
functionality for faster
responses to reporting
changes and simplifying
implementations
- Full traceability of
processing steps
and transparency of
intermediate results to
give users full confidence
in the accuracy of the
calculations
- High performance &
scalability – capable of
processing over 100
million transactions per
day
Logica has unparalleled experience in regulatory reporting, having provided solutions to the finance
sector since 1986 when we were the first supplier to offer a product to meet the Bank of England’s
reporting requirements. Today over 650 clients rely on Logica’s regulatory reporting solutions,
including more than half of the top 30 financial institutions in the world, including names such as The
Lloyds Banking Group and Societe Generale.
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