Bank Data Retrieval Portal
As from July 1, 2019 it will be mandatory for banks to forward client data to regulators via a dedicated portal (“verwijzingsportaal bankgegevens”). Due to more strict privacy rules and data protection regulations the design of the portal is different from the current regulatory reporting environment.
The required portal is for each bank the same. Mylette has, in collaboration with the state department designed a tailor-made solution which meets all the criteria and specifications set by regulators.
In March 2019, Mylette successfully completed the technical testing of the portal well before the starting date of July 1, 2019 and was the first involved party to do so.
This marks the start of preparations of functional testing with customers, based on local installations. As time slots are allocated by the Dutch department to contributing banks, plannings are now made per bank.
Updates
Pricing Engine Implementation
A specialised Dutch bank has selected a pricing application for its complex funding portfolio.
Mylette provides a unique combination of project management, technical implementation and interfacing.
We also contribute to data analysis and structuring including automated support for an accounting verification process.