Newsletter November 2020

COMPIRICUS Newsletter November 2020

Dear Sir or Madam,

"Most of the time we waste time", at least that's how the Swiss author Bernhard Steiner sees it, and perhaps he has a point. It would be nice to lull yourself into the certainty of saving time wherever possible. Let's look at the numerous tasks that fill our daily agenda: Making investment decisions, managing an S/4 migration project, fulfilling reporting obligations, securing liquidity and, last but not least, the continuous care and maintenance of the system landscape. If we look carefully, we certainly see a lot of potential for time savings. After reading this issue of our customer magazine, you will be able to assess whether and how our tools and services can also help you to tap into this potential.


EONIA, IBOR, €STR
The money market is changing. We accompany you.

The development of the reference interest rate reform is progressing and deadlines are approaching:

  • Although the EONIA is now calculated in accordance with the benchmark regulation, market participants are called upon to prepare for a discontinuation of the EONIA reference rate on January 3, 2022.
  • The FCA, the UK regulatory body responsible for administering LIBOR rates, announced some time ago that it would not use regulatory measures or other means to ensure continued provision after the end of 2021. Therefore, all companies and institutions with LIBOR financial transactions should prepare themselves in time for the abolition of these rates at the turn of the year 2021/2022.

The capital market has already reacted to these changes and is making more and more financial products with the new reference interest rates available - money market transactions, derivatives and also securities based on the SOFR or the €STR can already be traded for some time.

If you hold such instruments in your portfolios or are planning to conclude these new types of financial products, it is essential to adapt your SAP system landscape. We would be happy to support you in this process: both in an advisory capacity, in that we evaluate the necessary adjustments in your SAP TRM, and in terms of system technology, for example by updating the FIMA in your system via the corresponding notes and adapting the customizing for you.

Please contact us if you would like to have a personal conversation or further information. We will gladly answer your questions. Please contact us by phone or e-mail:

+1 617 273 8045 or sales@compiricus.com


Automated transfer of treasury data from SAP TRM systems to S/4HANA systems

The COMPIRICUS Data Migration App for SAP TRM offers the possibility to automatically migrate market, master and transaction data from your old SAP systems to your new S/4HANA systems. You determine the relevance of the data to be transferred and decide which data volume should be included in the new system landscape:

  • You ensure the high quality and topicality of your data stock across all SAP systems
  • You save a lot of time because the data transfer to the target systems is fully automated
  • You can significantly reduce your costs by eliminating time-consuming manual processes
  • You can map value changes in the target system by mapping values
  • You can set up test and sandbox systems easily and only with the relevant data and update them at any time
  • Among other things, you can take over securities portfolios via cash flow transfer, e.g. on a monthly basis

More informationen

Do you have any questions? Would you like a demo? Talk to our expert Jens Zschuppe.

+1 617 273 8045 or sales@compiricus.com


Scarce resources in SAP TRM/CML system support?

If you need resources for the support and maintenance of your SAP systems (TRM/CML), whether for a short period of time, a specific project or permanently; contact us. We know the SAP modules from the first line of code and look back on more than 20 years of experience and can therefore guarantee you first class service.

More Informationen

Please contact us if you would like more information. We will gladly answer your questions. Please contact us by phone or e-mail:

+1 617 273 8045 or sales@compiricus.com