As part of provision of consultancy and implementation services on development of data warehouse and a number of related DW projects – Neos consultants have facilitated successful automation in data preparation in compliance with the new Croatian National Bank requirements.

In the last year the Croatian National Bank defined new regulations in line with the latest EU standards, which includes collection of analytical data in form of structured databases instead of the old formatted reports. This new method of reporting is significantly larger in volume and demanding for preparation as it includes analytical data from the entire bank operation.

The role of the previously established data warehouse was critical for timely and quality data preparation in line with the new legislation. DW constitutes the basis for the entire regulatory reporting – MostV1 (“old” reporting system), MostV2 (record – basis for statistical reports) and Bona (additional records – monitoring reports).

In course of the project the data preparation process was automated on ten-day, monthly and quarterly basis for the bank’s balance sheet items, customer data, due unpaid claims, further maturity schedule, interest rates, income and expenses, exposure and anything else that allows for complete insight and analysis of the indicators defined by the Croatian National Bank.

In this project Neos has provided services of regulatory requirements analysis, transformation definition and data mapping and technology implementation of data preparation with the Oracle Warehouse Builder tools.

In addition to the described project, Neos has continuously for more than 4 years now been providing consultancy services to PBZ relating to data warehouse analysis, design and implementation as answer to a variety of internal reporting requests, legislation requirements, Basel II regulations, risk management etc.