ODDO BHF AG has efficiently positioned itself with a central platform strategy and outsourcing of regulatory reporting.
BearingPoint RegTech has been ODDO BHF AG's partner since 2012. After introducing ABACUS/DaVinci for regulatory reporting in 2012, ODDO BHF AG also started to use ABACUS/Transactions in 2016 to fulfill its transaction-based reporting obligations. Since 2017, the financial services group has also been outsourcing its operations and application management to BearingPoint RegTech. This has led to both a reduction of direct IT operating costs as well as a noticeable reduction of workload at ODDO BHF AG.
The financial institution is currently transitioning from ABACUS/DaVinci to the new software generation Abacus360. The reporting platform with an extensive functional coverage, release management and operational support thus represents an efficient and scalable solution for the regulatory reporting of ODDO BHF.
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.