CENTRAL BANK SOLUTION FEATURES
- One system for all processes - Wallstreet offers a comprehensive, modular suite, which handles all asset classes, all markets and all financial market processes in real time within a single system preconfigured for central banks. This minimizes error rate as data flows smoothly from front-to-back office and thereby also reduces operational risk.
- Better risk management - Wallstreet Suite offers integrated risk management, performance measurement and performance attribution. These functions facilitate active reserve and asset management with a feature that enables the introduction of new instruments with ease, while still maintaining defined risk parameters.
- Better investment returns - Wallstreet offers an open platform that supports new functions and instruments and enables diversification of portfolios. It minimizes operational risks and enhances performance measurement with use of a robust system that is able to analyze, process and report on an ever-expanding range of instruments.
- Regulatory compliance - Wallstreet’s compliance tools, such as limit monitoring, provide a high level of internal compliance (98–100%) without significantly compromising efficiency. In addition, Wallstreet Suite supports external regulatory frameworks introduced by such regulatory bodies as ESCB, BIS and World Bank.
- Reduced cost of maintenance - Wallstreet guarantees the availability of required standard interfaces and enables multisystem environments to be turned into a completely integrated solution. Running common processes on a single ‘wall-to-wall’ system enables you to upgrade as well as maintain your software with ease through one service provider. This level of scalability is unmatched by best-of-breed solutions.
- Factory Solution - Regardless of the size of the central bank, our Factory Solution provides an efficient and structured approach to solution delivery. The Factory Solution allows for full on-site scoping, with accurate system configuration led off-site. As a result, the banks’ internal resources are not locked into the project and there is a significant reduction in the total cost of the implementation. This proven process minimizes the overall impact on the bank and reduces the burden on resources and implementation time.
Wallstreet’s Factory Solution delivers:
o Proven track record
o Collaborative implementation approach
o Fixed-price implementations
o Pre-defined time limits
o Efficient use of customer resources.
