Reporting requirements for financial accounting, profitability management, regulatory risk management, and internal risk management have become increasingly complex. Rules for risk-adjusted performance management, the Basel II Capital Accord, and the US. Sarbannes-Oxley Act require reconciled data from several business areas.
Thanks to an integrated finance and risk architecture, Thaler on SAP provides powerful business intelligence capabilities to standardize your financial processes, reduce operational risk, streamline reconciliation, and control costs.
Regulatory compliance is an important part of your business. But it adds little value or competitive advantage. Why waste valuable resources trying to keep up with requirements that are constantly changing?
Thaler on SAP is always up to date with the latest legal requirements such as those for SEPA - the Single Euro Payments Area - and MiFID – the Market in Financial Instruments Directive. This makes it significantly easier for your IT department to manage changes in regulatory compliance and focus on tasks with enhanced business value.
With Thaler on SAP you can do a full and systematic trace of user actions. There is also support for exceptions handling, operation life cycle and flexible operational reporting.
The future proof and embedded compliance of the Thaler on SAP platform provides a single source of truth to banks by storing operational, accounting and analytical data in one system, dramatically improving the bank’s reconciliation processes. In addition, Thaler on SAP provides the bank with a comprehensive audit trail from general accounting to operational data, answering the bank’s regulatory and internal reporting requirements.
We are happy to provide more information regarding our solutions and services. For information requests, please contact one of the Callataÿ & Wouters’ offices.
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