ProDB

Overview

Recent regulatory changes, caused by the introduction of Basel II, IAS/IFRS, and in particular MiFID, have triggered a huge requirement for data on a cross-divisional basis, thus presenting a significant challenge for data management within the bank.

Temenos’ solution for data challenges is an Enterprise Data Management system that optimises the quality of data fully automatically. Based on a highly sophisticated rules engine ProDB consolidates and validates data from various sources and dispatches it to user-defined systems.

Its modern technology and inherent flexibility mean that data can be imported in XML or csv files, in any attribute formats; while database tables and SOA features facilitate exporting data. Changes are handled through parameterisation rather than coding - most importantly, ProDB delivers web service access out of the box.

ProDB’s meta data model allows the processing of market data (prices/taxes, events, static, compliance, rating and risk management data), master data (clients, counterparty and depository data) as well as asset static data (such as real estate, paintings and cars) and own-issued securities.

It does not restrict you when selecting the best data: you can combine data fields of different sources - external or internal - to a new data set. This versatility makes ProDB unique in its kind.