- October 23, 2024
1. About the Client:
MUFG (Mitsubishi UFJ Financial Group) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with over 2,700 locations in more than 50 countries including the Americas, Europe, the Middle East and Africa, Asia and Oceania.
The Group aims to be the world’s most trusted financial group, flexibly responding to all of the financial needs of its customers, serving society, and fostering shared and sustainable growth for a better world.
1.1 Industry
Banking Industry
2. The Project Challenges:
The Bank was facing challenges in producing content for various compliance (SoX, BASEL II etc.) and Reporting (Confirms Reporting for MUNI Funds, Recaps Transmission to National Securities Corp). They also needed a knowledge sharing framework for a better coordination among the various departments and easy flow of information.
3. Visvero’s Solutions Approach:
Visvero swiftly developed a reporting and Knowledge Management framework on Qlik view and Sense Platform. We worked with Business Managers in the analysis and implementation of various Securities Projects such as Trading and Stock Management in the Prime Broker Area with emphasis on Hedge Funds.
Visvero helped in recognizing the extent of improvement needed and further enhanced the reporting and management system in these areas:
- Worked within Office of the Chief Data Officer (OCDO)
- Regulatory Reporting,
- Compliance and
- Risk Management
4. Overall Performance & Results:
Visvero’s quick deployment of a reporting and knowledge management system produced the following results:
- Met the Basel II requirements by developing a fully functional integrated reporting system.
- Enhanced ability to monitor, report on and manage the company’s risk portfolio.
- Adoption of an organization-wide information sharing and content creation strategy for better decision making.
