Katalysys's Regulatory Reporting Transformational Programme (RRTP) is an integrated and holistic approach to regulatory reporting. We do not view this as just a simple automation exercise, and look at all aspects across the organisation that contribute to accurate and timely regulatory reporting.

CVA means an adjustment to the mid-market valuation of the portfolio of transactions with a counterparty. That adjustment reflects the current market value of the credit risk of the counterparty to the institution.

Eligible ILAS BIPRU firms that are also significant IFPRU firms are eligible for modification by consent for the CRR liquidity rules, and can continue to manage and report liquidity based on BIPRU rules.