SCRA: Everything you need to know about implementation
With the introduction of FinAPU SCRA, we have developed a powerful tool specifically designed to efficiently manage the requirements of Basel IV and CRR III. In the preparation phase and during the development of our end-to-end solution, we intensively analysed the regulatory changes and determined that a tool is needed that allows credit institutions to calculate SCRA grades in real time and also during the year at the push of a button and to create due diligence checks automatically. FinAPU SCRA ensures that banks are ideally equipped to navigate through the complex regulations.
Many questions, all answers
In order to answer the many questions that arise quickly and clearly, we have created comprehensive FAQs, which we are constantly expanding. Our aim is to provide precise and comprehensible answers so that our customers are always up to date with FinAPU.
Here are some of the questions we address in our FAQs:
- How does FinAPU SCRA differ from other options for implementing the new Basel III/CRR requirements?
- How does FinAPU SCRA ensure that clients can comply with the requirements of Article 79 CRD IV (Due Diligence)?
- How are the SCRA grades calculated within FinAPU SCRA?
- What distribution of SCRA grades can be expected?
- Is there a risk of poor data coverage for smaller banks from Austria and Germany that could lead to a C grade?
Visit our FAQs page - we are convinced that these will help you to get more clarity to successfully master the challenges of the new regulatory landscape.
