A regulatory reporting solution to implement OeNB regulations
The Austrian regulatory landscape underwent a radical change. The system for reporting financial data to the Austrian Central Bank, Oesterreichische Nationalbank (OeNB), was restructured to reflect higher demands on data quality and quantity. The OeNB prescribed the Smart Cube system to uphold data quality and standardize the data for reporting.
Wolters Kluwer’s OneSumX Smart Cubes solution uses the SVENSON platform. It has the Smart Cube functionality, and the necessary checks and analysis options so you can implement the new OeNB regulations in a clear and transparent way. Comprehensive auditing also enables drill-back from data in OLAP reports to the underlying data. Plus an interface with the SVENSON AccountPool can be fully reused for existing customers.
Help future-proof your reporting infrastructure by applying the core Austrian Smart Cube approach throughout your organization. Provide agility in responding to unpredictable future change via regulatory data consolidated in one place.