Basel III Project Management Services
CRD IV IMPLEMENTATION SUPPORT
PROJECT MANAGEMENT SERVICES
The CRD IV challenge at a glance

IT HAPPENS ACROSS THE BANK AND IT HAPPENS NOW.
A clear scope and defined assignent

BENEFITS AND UNDERSTANDING OF B&D CONTRIBUTION
•

Business & Decision would deliver d...
General principles

FOCUS AREAS THE APPROACH WE WOULD BE CONCENTRATING ON
•

Governance
–

–

•

Data architecture and IT ...
Coverage of project management steps

KEY DELIVERABLES AND SEQUENCE OF DELIVERY APPROACH
•

Step I - scoping
–

–

•

•

W...
A combination of three types of talent required
DIFFERENT SKILLS COMBINED IN A SINGLE PERSON / PROVIDER
•

The skills set ...
Total coverage of consulting skills

A MODULAR APPROACH TO FILL GAPS WHERE NECESSARY
Enable transparent and efficient
deci...
Role of role risk reporting project coordinator

WHY SHOULD YOU CONSIDER MANAGING YOUR PROJECT WITH B&D?
To secure, fasten...
Ingrid Verdure
Business Development Executive
EMEA Risk Practice
ingrid.verdure@businessdecision.com
 +32 (0)490 44 63 87
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Basel III project management services

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To secure, fasten and shorten the CRD IV project delivery cycle, B&D Risk Technology Consulting is proposing high-caliber project management services.

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Basel III project management services

  1. 1. Basel III Project Management Services CRD IV IMPLEMENTATION SUPPORT PROJECT MANAGEMENT SERVICES
  2. 2. The CRD IV challenge at a glance IT HAPPENS ACROSS THE BANK AND IT HAPPENS NOW.
  3. 3. A clear scope and defined assignent BENEFITS AND UNDERSTANDING OF B&D CONTRIBUTION • Business & Decision would deliver defied work packages in a high degree of autonomy, offering the following advantages – – – – – • The scope could be spanning across: – – – • Committed delivery of identified work packages Combine internal delivery methodology with external expertise Autonomous staffing and resource allocation Operational involvement of project manager locally Continued involvement of business and ensured knowledge transfer Regulatory compliance and Basel III / CRD IV requirements Associated data management and process optimization Leverage the information management to include reporting needs at departmental level Avoid possible constraints and conflicts– what we are what we aren't       Act as an interface between IT and business An accelerator when organizing your projects An external advisor on CRD IV implementation matters A general and firm wide consultancy company A way to avoid internal involvement A competitor to your IT department
  4. 4. General principles FOCUS AREAS THE APPROACH WE WOULD BE CONCENTRATING ON • Governance – – • Data architecture and IT infrastructure – – • Design, build and maintenance of an information management architecture which fully supports existing risk data aggregation capabilities and risk reporting Establish integrated data taxonomies and architecture across legal entities (where appropriate), which includes information on the characteristics of the data (metadata) Accuracy, integrity, completeness and timeliness – – • The risk data aggregation capabilities and risk reporting practices should be fully documented and subject to high standards of validation. Roles and responsibilities should be established as they relate to the ownership and quality of risk data and information for both the business and IT functions. Support the generation of accurate and reliable risk data to meet required reporting needs on a largely automated basis so as to minimize the probability of errors. Where there is reliance on manual processes and EUC applications (e.g. spreadsheets, databases), it should have effective mitigation in place. Adaptability – Ability to generate aggregate (risk) data to meet a broad range of on-demand, ad hoc (risk and financial) management- and EBA reporting requests, including requests during stress/crisis situations.
  5. 5. Coverage of project management steps KEY DELIVERABLES AND SEQUENCE OF DELIVERY APPROACH • Step I - scoping – – • • Workshop documents and presentation for scoping. Workshop minutes with decisions point on scope. Step II – “as is” assessment – Inventory of existing organization and technical components Step III – “could be” definition – – – – – • Possible target architecture Suggested process improvements Inventory of technical components to change Inventory of process components to adopt Assessment of impact on organization Step IV – workload estimation – – • Change workload estimation by component Transition and go live Workload estimation Step V – project planning – – – Estimation of project size High-level project planning Risk analysis
  6. 6. A combination of three types of talent required DIFFERENT SKILLS COMBINED IN A SINGLE PERSON / PROVIDER • The skills set include – – – • The project management and business consulting part The technical integration and delivery of data services (data quality, ETL, data mart design…) The ad-hoc provision of specialty services for annex challenges (business requirements gathering, steering committee, impact analysis / change request, technology or component selection…) From a setup perspective, we suggest an approach that will allow to: – – – – Dispose of a full and detailed cartography of the existing process For each process, dispose of a detailed description, as well as a centralized documentation Identify clearly the dependencies between the processes Identify weaknesses and strengths Global picture • Scoping of assignment • Approach and expected outcome • Internal organization • List of processes and contact persons Cartography • Meet process owner • Gather existing documentation • Identify sources • Identify outputs • Identify dependencies • SII specific documentation Assessment • • • • • • • • Completeness Track changes Performance Automation Data traceability Reusability Integration Historization Recommendation • Process improvement • Prioritization • Documentation • Fill the gap • Technology alternatives and rationale
  7. 7. Total coverage of consulting skills A MODULAR APPROACH TO FILL GAPS WHERE NECESSARY Enable transparent and efficient decision support Regulatory, financial and analytical reporting functions Information Management Organize and store processed data Quantification Compute risk ratios and capital calculations Information Management Ensure collection of required data Information Management Cleanse and organize underlying data Information Management Store and historize data sets methodically Transactional data Q u a lity Calculation results data mart Transparency A reliable reporting platform to ensure full traceability H i s t o ri zat io n Ensure consistency across ratios and KxI's across the enterprise Identify required data across sources Ensure satisfactory level of data quality ETL, normalization, data quality Business data model Reconcile transactional with financial information Risk calculation engine Centralize a single view on underlying data Risk data warehouse
  8. 8. Role of role risk reporting project coordinator WHY SHOULD YOU CONSIDER MANAGING YOUR PROJECT WITH B&D? To secure, fasten and shorten the CRD IV project delivery cycle, B&D is proposing project management services • Advantage of the role toward classical project manager role – – – – – • Contribute towards co-ordination of regulatory consulting effort across multiple banks Keep manager informed and up-to-date on individual pieces of work and share information across the different teams Identify issue opportunities when presented and from time to time support our sales teams as and when required on presales assignments or RFP assistance. Overlook delivery assignments and projects and work closely with colleagues on projects to reengineer systems and processes and prepare for changes in regulations Identify the business issues and help the business to organize their effort Benefit for CRELAN – – – Respect project management methodology while leveraging business knowledge Deep mutual understanding between IT and Business Economy of scale between a project manager and a functional analyst
  9. 9. Ingrid Verdure Business Development Executive EMEA Risk Practice ingrid.verdure@businessdecision.com  +32 (0)490 44 63 87

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