English
Sberbank Russia acquired Volksbank International (VBI) in 2012 and rebranded it into Sberbank Europe. The following year, Sberbank Europe launched its corporate business in Austria to serve corporate clients with business focus on CEE markets and in 2014, SBEU launched its German online retail bank Sberbank Direct. Our task was to implement a datapool for Austria (ATDP) in six months, as a greenfield project, to provide data for regulatory and internal reporting.
CLIENT:
Sberbank Europe
INDUSTRY SEGMENT:
Sberbank Europe, as an integral part of one of the largest, fastest growing and most dynamic financial providers in the world, aims to build sustainable bridges between Russia and the European markets. In Austria, Sberbank Europe serves corporate clients with business focus on CEE markets. It has total assets of Eur 5,015 mn.
IMPLEMENTATION PERIOD:
2013 and ongoing, Vienna (Austria)
BRIEF:
Construction of a robust, operative datapool based on a Basel III datamodel. The database is Oracle, using Informatica’s ETL and SSRS as reporting layer.
OUR WORK:
The solution supports regulatory reporting as well as reporting to the parent company in Moscow, Russia. In addition, it handles distribution of documents for BASEL III reports.
The DataPool also provides data for the Bank’s ALM, Risk, IFRS and controlling systems.
In 2014, the German online retail bank data was also interfaced to ATDP, enabling consolidated data from Austria and Germany and providing calculated data to group regulatory reporting, accounting. ATDP now covers retail and corporate banking, including investment products.
SOLUTION BENEFITS:
The AT DataPool system is integrated into the internal functioning of the bank, and is connected to key systems such as Svenson, FlexFinance, SAP or SAS. It forms a key component of the delivered solutions IT infrastructure Sberbank in Austria and expansion in Germany.
The DataPool automates and consolidates banking and accounting data, while providing comprehensive, fully auditable information for Basel and statutory reporting as well as for internal reporting.