Lombard Risk Launches Counterparty Credit Risk Solution
Update to AgileReporter solution covers Basel Committee on Banking Supervision’s regulatory requirements.

The enhancement to the AgileReporter solution, launched earlier this month, will allow users to comply with Basel III requirements to calculate standardized approach for measuring counterparty credit risk exposures (SA-CCR), providing functionality to automate reporting for clients, capture all relevant asset classes, apply new and more complex calculations, provide internal reports to assist in validation and sign-off before submission to regulators, and deliver transparent lineage between final reported numbers and original raw input data.
SA-CCR requirements are due to come into force on January 1, 2017, and will cover over-the-counter (OTC) derivatives, exchange-traded derivatives (ETDs) and long settlement transactions, replacing the incumbent current exposure method (CEM) and standardized method (SM).
"SA-CCR is one of a sequence of regulatory changes the industry must address as the remainder of Basel III (some may say Basel IV) rolls out from SA-CCR now, to the Fundamental Review of the Trading Book later on, for example," says James Phillips, regulatory strategy director at Lombard Risk. "Firms need to take a long-term view: patching up existing processes with workarounds and temporary solutions is an expensive way of solving one demand at a time and only adds to the pressure already on legacy infrastructure to meet rising demands for data manipulation."
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Regulation
Regulators can’t dodge DOGE, but can they still get by?
The Waters Wrap: With Trump and DOGE nipping at regulators’ heels, what might become of the CAT, the FDTA, or vendor-operated SEFs?
CFTC takes red pen to swaps rules, but don’t call it a rollback
Lawyers and ex-regs say agency is fine-tuning and clarifying regulations, not eliminating them.
The European T+1 effect on Asia
T+1 is coming in Europe, and Asian firms should assess impacts and begin preparations now, says the DTCC’s Val Wotton.
FCA sets up shop in US, asset managers collab, M&A heats up, and more
The Waters Cooler: Nasdaq and Bruce ATS partner for overnight market data, Osttra gets sold to KKR, and the SEC takes on DOGE in this week’s news roundup.
Waters Wavelength Ep. 312: Jibber-jabber
Tony, Reb, and Nyela talk about tariffs (not really), journalism (sorta), and pop culture (mostly).
Experts say HKEX’s plan for T+1 in 2025 is ‘sensible’
The exchange will continue providing core post-trade processing through CCASS but will engage with market participants on the service’s future as HKEX rolls out new OCP features.
No, no, no, and no: Overnight trading fails in SIP votes
The CTA and UTP operating committees voted yesterday on proposals from US exchanges to expand their trading hours and could not reach unanimous consensus.
Big xyt exploring bid to provide EU equities CT
So far, only one group, a consortium of the major European exchanges, has formally kept its hat in the ring to provide Europe’s consolidated tape for equities.