Fortifying Regulatory Compliance: Coforge's Data Engineering Expertise Optimizes Risk Management for Major UK Bank

Challenges.

• Upgrading risk metrics calculations for diverse loan portfolios
• Implementing robust data controls for aggregated data from multiple sources
• Ensuring data quality to minimize risks in regulatory reporting
• Maintaining compliance with ECB regulations across various financial products
• Reducing manual efforts in compliance processes

Solution.

Coforge implemented advanced data engineering initiatives:

• Scalable Infrastructure: Leveraged 100-node big data infrastructure for performance
• Parallel Delivery: 10+ Coforge experts designed and supported 100+ big data pipelines
• Test-Driven Development: Implemented thorough testing for complex logic
• Data Quality Controls: Introduced comprehensive controls for data reconciliation
• Automation: Reduced manual efforts in uploading parametric and adjustment tables

Key highlights:

• Advanced big data infrastructure for scalability
• Parallel delivery approach for efficient pipeline development
• Comprehensive testing and data quality controls
• Automation of manual processes

The impact.