On 31st of August 2009 Bazy i Systemy Bankowe completed the implementation of the External Reporting System in the Kredyt Bank. This application meets all reporting standards within the scope of FINREP and COREP reporting.
In 2007 the NBP implemented a new Reporting Information System (RIS), which caused that banks under the reporting obligations of the NBP’s Management Board Resolutions, had to adapt their existing applications. Such a change in the reporting system has also been introduced by the Kredyt Bank.
The project lasted for over two years and included the implementation of the SSZ system enabling comprehensive support for both FINREP and COREP obligatory reporting and selected reports for the Financial Supervisory Commission and the National Bank of Poland. The application also supports the reporting on the Bank's own needs.
"This is a solution containing additional analytical - reporting tools, supporting the process of preparing the reports, such as automatic compensation of irregularities’ roundings, handling of the NBP’s control rules and the Bank's own rules. Advanced registration of corrections, view of analytical details at different levels of aggregation, allow for high-quality reporting to the supervisor. "- said Marcin Grajkowski, BSB Project Manager.
Currently, under a contract of July 1st, 2009 Bazy i Systemy Bankowe Sp. z o.o. provides service and maintenance of the implemented software.
