C6 Bank expands relationship with Adenza for automated capital, credit risk, and regulatory reporting in Brazil

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[{"type":"text","content":"Adenza’s AxiomSL ControllerView® platform streamlines Credit Information System (SCR) and Statement of Operational Limits (DLO/DLI) reporting\n Adenza, today announced that C6 Bank has expanded its relationship to include capital and credit-risk reporting under the Brazil Central Bank’s Credit Information System and Statement of Operational Limits requirements, including Basel IV changes. By selecting Adenza, C6 Bank not only positions itself for efficient and successful compliance with a stringent set of regulations, but it also offers management a holistic view of its capital and credit exposures. This expansion builds on the bank’s deployment of Adenza’s Calypso cross-asset post-trade processing solution for custody management in 2022.\n With this engagement, C6 Bank implements Adenza’s ControllerView regulatory reporting and calculations platform to support the data enrichment and aggregation, data quality and regulatory pre-validations, business rules, and credit-ratings calibrations required to meet Brazil’s SCR and DLO/DLI reporting standards. The antithesis of a black box, this platform, used by financial institutions around the world including more than 90% of the world’s global-systemically important banks (G-SIB), delivers a consistent, transparent, automated approach to capital and risk-weighted asset (RWA) calculations, regulatory reporting, data management, and analytics, enabling C6 Bank to enhance its data harmonization enterprise wide.\n Furthermore, by making this move, C6 Bank futureproofs itself with a solid regulatory-reporting foundation that scales to address future complex requirements like IFRS 9 and Fundamental Review of the Trading Book (FRTB).\n Meeting Brazil’s strict SCR and DLO/DLI reporting requirements demands a mastery of extremely granular datasets from across different business lines and systems. Adenza is unique in its ability to harmonize that data, while also providing complete transparency throughout the data collection, calculation, and reporting process, giving us a 360-degree view of our capital- and credit-risk exposures at all times.\n - Vinicius Pinela, Head of Risk, C6 Bank\n We are delighted to expand our relationship with C6 Bank to include both our flagship Calypso custody management and ControllerView capital and credit-risk reporting solutions. Compliance with complex and const...

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