ACBS Practice
Introduction
The ACBS Practice of Levada Consulting offers integration services to clients in the Financial Industry, who are current or future users of Fidelity?s ACBS software package. These services are based on our commercial lending domain expertise and the experience of Levada Consulting supporting all phases of ACBS implementation projects.
Services
Levada Consulting offers business and technology consulting for pre- and post-implementation stages of ACBS projects. The pre-implementation stages services encompass:
- Requirement analysis and market study of commercial lending systems
- Configuration and parameterization of the ACBS system
- Creation of interface files to feed the ACBS conversion routines for initial and differential loads of customers, facilities and loans
- Automated Reconciliation between the old lending systems and ACBS during implementation, mock conversions, mock parallels and Live Conversion. The reconciliation tools are vital to ensure the accuracy of the information in the short timeframe of the conversion process
- Design and implementation of interfaces from the ACBS system to downstream systems such as ledger systems, and local and head-office reporting systems.
- Integration of ACBS payment messages with downstream cash settlement systems
- Extensive development of custom client notifications supporting all business events of bilateral and syndicated loans
- Development of STP solutions for the automated fax delivery of ACBS notifications and invoices
- Automation of file transfer for ASP clients between Fidelity and client for Datamart, client notifications and payment messages
The post-implementation stages services encompass:
- Integration of ACBS loan portfolio data with external data such as CreditEdge default frequencies and LPC loan prices for portfolio management and credit risk analysis
- Development of extensive reports for various departments based on the ACBS Datamart using the Oracle Discoverer tool as well as definition of Discoverer custom objects for complex reporting requirements
- Design and Development of a budgeting system that provides scenario forecasts of the loan portfolio profitability based on the ACBS Datamart
- Development of a reconciliation tool for cash movements
- Development of reconciliations between ACBS loan data and Kondor funding deals
- Development of regulatory risk-weighted asset and economic capital calculations taking into account all risk mediating factors such as guarantees, collaterals and credit derivatives
- Analysis and configuration of the ACBS system for new product initiatives
- Design of a post-closing adjustment module
Levada Consulting has provided its services to Portfolio Management, Credit Risk, Loan Operations, Treasury, Finance, IT and Compliance.
Added Value/ROI
Levada Consulting leverages from its solid understanding of the commercial lending business and many years of experience with credit risk systems. This business expertise combined with our technical experience with modern standard software development environments and tools enable us to create added value for our clients in terms of:
- Cost and Time savings: the usage of existing solutions and components ensure a timely and cost-efficient implementation of practicable solutions
- Knowledge Transfer: Levada Consulting will transfer the knowledge of all implementations and processes and the knowledge about the ACBS system to the internal staff of the client. All solutions will be documented and staff will be trained sufficiently.
Project Examples
The following examples represent solutions that have been implemented by the ACBS practice team:
- Credit Risk analysis Reports
- Loan Operations reporting based on ACBS Datamart
- Product Control P&L Reporting
- ACBS client notifications
- Loan Budgeting System
- Reconciliation Tools
- US and German Regulatory Reporting (such as FR2069 and FFIEC report