High Data Quality and Saved Time in BaFin Reporting Process for WP Transactions
“COMPIRICUS has implemented an add-on for the SAP reporting module FS-SR-DE that allows us to immediately generate and supervise every reporting feature in a fully automated way. It’s fantastic!”
(Kora John, HanseMerkur)
When creating securities transactions in SAP it is necessary to provide features required for supervisory reporting. HanseMerkur uses the SAP module FS-SR-DE for reporting. Up until now, master data has been manually generated for each position, a method that can be quite time-consuming and error-prone.
A tool was necessary that could detect — preferably fully automatically — reporting features using derivation tools based on master data deposited in SAP.
COMPIRICUS AG provides different add-ons for the creation of statutory notifications to the German Federal Financial Supervisory Board (BaFin). Derivation of master data is fully automatic, especially due to the FS-SR-DE add-ons, causing a decrease in manual effort for data maintenance. A consistent data base is guaranteed.
- Automated detection of reporting features
- Time and costs saved through automation
- Comfortable operation due to absence of manual tasks
- Increased data quality
- Consistent data base
- Flexibility due to derivation rules that can be individually designed