Principal Economist-Statistician...

CASPER Update

Frankfurt am Main, June 2019

Panagiotis Voulgaris

Principal Economist-Statistician

DGS-SAT/STT

Rubric

www.ecb.europa.eu ©

CASPER Release 1 Go-live May 15, 2019

2

8 SSM data collections to be on-boarded

65 users in production

> 80 functional specification documents

> 700 functional test cases

8 ECB business areas

8 non-SSM data collections to be on-boarded

Rubric


Key principles

3

Self Service

CASPER empowers the business areas by providing them with the tools to define data dictionaries and the population of metadata that govern the data collections without IT intervention, enabling agility and a short-time to-market.

Automation

The volumes and diversity of data sets necessitate the reduction of manual interventions to the minimum. The end-to-end processing of the data is to be automated based on rules. The system will provide validation checks at “the entrance” of a report and an automated feedback to the submitting NCA, NCB or bank/reporting agent.

Flexibility

Flexibility and adaptability are major requirements expressed by the ECB data experts. CASPER will meet these requirements by leaving the configuration of the collection workflows to the user’s discretion. Flexibility is also assured in terms of data formats, data structure and submission channels.

Harmonization

CASPER is intended to provide a One-Stop-Collection via one interface. The interface supports different file formats and different channels to submit data. CASPER intends to follow a generic approach through the consolidation of all data collection efforts and the harmonization of the collection processes.

Rubric


System integration, process and release view

4

R1.0

NCA/NCB

e.g. MFI

Data

Feedback

Data Collection

RIAD

DISC

Data

SDD

Meta Data

Data Validation

Data Storage

Data Transfer

Co

ren

etIn

tern

et

Others*

COLLECT VALIDATE & PROCESS ANALYSE

Data

Feedback

Master Data

Data

* e.g. STAR, EMIR etc.

Other Other

R1.0

R1.0

R2.xR2.x

R2.x R2.x

R1.0 R2.x

Manual

Automatic - push

Automatic - pull

Legend

Supported file formats

Planned target release

Rubric


CASPER Release 1.0 achievements

5

Entity Management

Reporting Calendar

Obligation Monitoring

User Management

Notifications

Reusable Core Services

Data Transfer

Data DictionaryManagement

Reporting Template Management

Validation Rule Syntax

Data Validation

Revalidation

Format-specific Services

• Generic services flexible enough for Reuse by otherECB applications

• Foundation for future support of various file formats,data structures and submission channels

Permission Management

• Functional blocks bound to scope of CASPER release 1.0

• Format specific services which build a self serviceable collections ecosystem

Rubric


On-Boarding of Data Collections requires effort of both CASPER Control Team & Collection Owners

CASPER - Update & Future 6

Collection Owner

CASPERControl Team

• High-level Requirements

• AssessmentQuestionnaire

Technical

Workshop

• DetailedRequirements

• Collection Process

• ReportingTemplate

• BusinessValidations

Working group

decision

INITIATION & ASSESSMENT

Prepare impact

assessment note

• Collection Owners

• Reporting Agents

ON-BOARDING PREPARATION

CASPER

Self-learning

• Open / ClosedTables


• Technical Feasibility

• Video Simulations

• User Manual

• Quick Reference Guides

• On-boardingDecision

Prepare

Configuration

Initial

Meeting

Technical

Workshop

Conduct

Live-Demo

Activity CASPER Control Team

Activity Collection Owner

Joint Activity

Rubric


Comprehensive testing involving all parties is key during On-Boarding Preparation

CASPER - Update & Future 7

Collection Owner

CASPERControl Team

• Collection Configuration

• ReportingEntities

User roles

management

• Data Dictionary

• Test Submissions

• ReportingTemplate


Accept Data

Collection

ON-BOARDING PREPARATION

• Collection UserAdministrator

• Data Collection Assignment

User role

requests (Prod)

Setup Data

Collection (Prod)

• Data Collection

Collect

via

CASPER

Activity CASPER Control Team

Activity Collection Owner

Joint Activity

Internal

testing

End-to-End

testing NCBs

Rubric


Requests for CASPER services

8

• 8 CEBA Collections are being on boarded• 1 Platform has a dependency on CASPER• 8 SSM Collections• 30 SSM Collections under discussion

Rubric


CASPER commitments for the next year (Release 1.1)

IAM

DISC –Data Labs

Enhanced Data Quality via the use of discussion forums

» CASPER as a component of other ECB platforms «

Data Export to the Corporate Store

API for both Platforms

DISC –Corporate Store

Projections Platform & SPACE

FORUM

9

Rubric


CASPER Strategy beyond 2020

10

Other Platforms

IAM

RIAD

DISC –Data Labs DISC –

Corporate Store

SDDEntity

management with RIAD

Collection configuration

via the SDD

File submission via internet

www

FORUM

SFRDP 4.0.0 Taxonomy

Frankfurt am Main, June 2019

Panagiotis Voulgaris

Principal Economist-Statistician

DGS-SAT/STT

Rubric


Overview

12

2 SFRDP 4.0 development tentative timeline

1 Background

SFRDP 4.0

Rubric


Background

13

SFRDP 3.0 published in October2018;

Based on Regulation (EU) 2017/1538 of the ECB of 25 August 2017 amending

Regulation (EU) 2015/534 on reporting of supervisory financial information

(ECB/2017/25);

The development of SFRDP 4.0 will reflect the changes introduced in EBA

taxonomy framework release 2.9; The regulation has not been modified;

Similar to the EBA 2.9 FINREP, the first reference period for SFRDP 4.0 will be

March 2020.

SFRDP 4.0

Rubric


SFRDP 4.0 development – tentative timeline

14

Preparations for the taxonomy extension will begin as soon as the 1st Public

Working draft of EBA FINREP 2.9 is published

Creation of the extension will begin as soon as the final EBA version is published

(initially planned by the EBA for June)

We would aim to deliver a draft of SFRDP 4.0 for NCA/NCB review in

October/November

Publish the final version in December

Perform test transmissions in January

We will possibly need to follow the EBA in issuing a hotfix for the Validation

Rules in January

SFRDP 4.0

Rubric


Next steps

15

The SSM website will be updated to reflect the new version of the

taxonomy;

NCAs will (tentatively) conduct test transmissions to the ECB between 20

- 31 January 2019.

SFRDP 4.0

Rubric


Thank you!

Questions?

16SFRDP 3.0.0 taxonomy - WG - SIM, 29-30 October 2018

Principal Economist-Statistician...

Documents

Transcript of Principal Economist-Statistician...