The Franco-German financial services group has efficiently positioned itself with a platform strategy and outsourcing of regulatory reporting.
In 2012, ODDO BHF AG was faced with the challenge of having to replace its existing reporting software as the previous provider was no longer able to deliver.
ODDO BHF AG was looking for a new partner who could offer and implement practicable regulatory reporting solutions in a timely manner. The financial institution decided on Regnology, who has been their partner since then.
In 2016, after a period of extensive use of ABACUS/DaVinci, ODDO BHF AG also started to use Abacus Transactions to fulfill its transaction-based reporting obligations under MMSR, MiFIR, EMIR II and SFTR. In 2017, ODDO BHF AG took a further step beyond the use of a standardized reporting software: the outsourcing of both operations and application management to Regnology to reduce IT operation costs and workload at ODDO BHF AG. ODDO BHF AG is currently transitioning from ABACUS/DaVinci to the new software generation Abacus360.
Read more about how ODDO BHF AG’s has efficiently positioned itself with a platform strategy and outsourcing of regulatory reporting in this case study.