From Data Aggregation to Meaningful Reporting

Day 2 of SIBOS was characterised for The SEPA Consultancy Ltd by a series of meetings with a number of strategic technology providers who are partnering closely with large global banks to help transform their payments and transaction banking infrastructures.

A clear theme emerging from these dialogues is that whilst banks and their strategic partners are having some considerable success at aggregating payments data via wrap arounds and plug ins to legacy systems creating new platforms and large data repositories, there are as yet only a small array of robust analytics tools that are drawing off this data for purposes of modelling, forecasting and populating critical visual dashboards to aid executive decision making. This area is clearly ripe for further fintech development with a wide range of different prototypes currently at the conception and testing stage

As we have discovered directly through our most recent work with global banking clients, without this layer of analytical tools, banks are likely to continue to struggle with fully understanding the totality of their intraday liquidity risk exposure. Indeed this is exactly the space now being occupied in two of our major banking clients by the The SEPA Consultancy Ltd Intraday Liquidity Simulator. Through a process of top slicing aggregated high value payments data, running this data through the Simulator and using the output to identify patterns and ineffective liquidity utilisation, we have been able to provide clients with a highly insightful forecasting tool that can be simply and effectively deployed; a tool that also is being given significant priority as a means of demonstrating to regulators the degree to which large banks are on top of the unfolding regulatory demands.

And of course all of which is attracting much interest from some of the bigger technology players who are keen to explore ways of collaborating further with The SEPA Consultancy Ltd