Statutory and Managerial Consolidation

Needs:

Our client, a leading financial services company, aimed to optimize consolidation activities related to securities transactions, custody, and operational management of financial assets. The complexity of data sources and the need for large-scale processing required a reliable and highly configurable platform.

Managing multiple, complex data flows while ensuring accuracy, traceability, and regulatory compliance was critical. The client needed a solution capable of automating consolidation processes while providing transparency and control across the entire group.

I risultati ottenuti con l’aproccio ItHude

Our Solution

Ithude supported the client in implementing the CCH Tagetik Consolidation Module, integrating it with external data sources (OSX and Oracle), and configuring a hybrid approach combining:

Standard consolidation rules provided by Tagetik’s native module
Custom rules through the Analytical Information Hub (AIH)
Automated ETL processes and mapping to ensure data quality and traceability
Advanced reporting and integrated visualizations for continuous monitoring of the group structure

Results & Impact

Seamless integration of data from complex external systems
Enhanced consistency and transparency in intercompany transactions
Automated and configurable consolidation processes supporting regulatory requirements
Scalable platform capable of accommodating future functional needs and new entities

Technologies used

CCH Tagetik Cloud – Consolidation Module
Analytical Information Hub (AIH)
Data sources: Oracle DB, OSX
Web-based workflows and dashboards

Thanks to the synergistic configuration of standard modules and custom logic, the client now benefits from a robust, scalable platform capable of managing the entire consolidation process with efficiency, accuracy, and confidence.

Statutory and Managerial Consolidation