Fermat's Software Range Is A Fully Scalable Solution That Services Local, Regional and International Banks

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Local Installation

The architecture is a perfect fit for a single installation at a local bank. This installation enables users to share a work environment benefiting from the same operational data and parameterisation sets. Users can independently launch different calculations at different reporting dates using different sets of data, perform simulations and enrich their own parameterisation sets.

Centralised Installation At Group Level

Global international banking groups can opt for a centralised implementation at group level, serving both parent company and numerous business units and/or subsidiaries. Thanks to Fermat's technical and functional architecture, banks can centralise data and parameterise calculations at the consolidated level. At the same time, business units or subsidiaries can perform their own calculations and reporting in their own workspaces.

Decentralised Installations Across Banking Groups

Fermat's technical and functional architecture also enables banking groups to opt for one installation at head office level complemented by decentralised installations at "hubs" which correspond to major subsidiaries or business units. The hubs can perform calculations according to their own business requirements and regulatory guidelines.

Thereafter Fermat offers two consolidation approaches:

Bottom-up approach: hubs send detailed operational data to Head Office through a Fermat-to-Fermat link. Office performs calculation and reporting in accordance with its central requirements.
Top down approach: Head Office requires each hub to use a common set of centrally maintained parameters for consolidation purposes. Hubs locally perform calculations based on this parameter set and supply calculation results back to Head Office which is then in charge of consolidating the results into the final reporting.