At ALMIS® International we have been developing our software solutions continuously for over a quarter of a century. In 2019 the pace of our development activity has moved up a gear, in particular with two key developments which will both reach launch in Q3/Q4:-
- Our new regulatory reporting system, Front Office +®: Regulatory Reporting
- Our dedicated bank data platform, Middle office +®
Roadmap
These two key developments flow from some of the most fundamental elements of our ongoing product development strategy:-
- Maintenance of our offering on a modern platform
- Scalability
- Regulatory compliance
- Automation
Front Office + : Regulatory Reporting
Available for early adopters from September 2019 (roll-out the rest of our clients from October) FO+: RR is the brand-new system in which all new regulatory taxonomies will be developed. In addition to the functionality of our existing regulatory reporting module, FO+: RR will support multiple taxonomies simultaneously, will allow viewing the contents of XBRL files, will work faster, and operates on a dedicated SQL database. Clients will be invited to participate in an introductory webinar in early October. After release, FO+: RR will be developed to support a wider range of regulatory returns (incl. BoE statistical).
View more on Front Office +: Regulatory Reporting here.
Middle Office +
After sustained effort over several years, through specification, design, development and testing, we are excited to bring the first truly dedicated bank data platform to the market. Built upon a new data model developed specifically for modern bank balance sheet management, MO+ offers various benefits including:-
- Greater flexibility for Extract, Transform and Load into MO+
- Extended data validations
- Dashboards to view data position
- Flexible Data Grids to review and cleanse data
- Enhanced audit log
- Transformation/Calculation functionality
- Enables data analytics on extended MO+ data
View more on Middle Office + here.
Conclusion
The roll out of these key new developments of course comes at the same time as various other major developments for ALMIS®/Cobalt® clients this year, including the roll out of our New ALMIS® Hosted platform. This is all part of our determination to offer clients the best comprehensive offering of ALM and related solutions in the domestic market.
