
How to: FinRep & FPSL – A brief overview
Financial reporting, or FinRep for short, is the Anglicized term in banking for a part of the reporting system.
Financial reporting, or FinRep for short, is the Anglicized term in banking for a part of the reporting system.
Correlating with ADWEKO’s business expansion and activities abroad – e.g. USA, Hungary and Canada – the complexity of a proper liquidity calculation also increases beyond the company codes and their currencies.
ADWEKO has several years of experience in working with SAP FPSL. In addition to conducting preliminary studies, our service portfolio also includes the conceptual design and implementation phases.
ADWEKO is a leading consulting firm for analytical IT solutions for banks and insurance companies with offices in Frankfurt, Stuttgart, Hanover and Hamburg. Since 2008, we have been supporting our customers with consulting services, managed services and software development.
The world’s most valuable resource is no longer oil, but data.
THE ECONOMIST
Parallel to software development, constant testing of what has just been achieved or, more accurately in this context, of what has just been developed, is of the highest priority in order to be able to counteract even the smallest deviation or even the smallest side effect sustainably and effectively at an early stage.
Real interest rates of 0%, or even a little below, have been observed for some time now. Longer here means a decade, or the time since the financial crisis.
On the Internet in particular, we are seeing a marked increase in gloomy predictions for economic developments in the near future. Whichever scenario you think is the most likely, a few things can already be described as “set”.
We started our FPSL-journey on this blog with a post that gave a brief and general overview of SAP S/4HANA for financial products subledger as a product (What is SAP FPSL?).
The purpose of this article is to analyze the possibilities and modes of action of the measures taken by the states and the central banks.