Business benefits • Through governance, workflow and process control it conducts the interplay between modeling, analytics, compliance, reporting and decision support throughout the enterprise. • Ensures efficiency by managing multiple reporting cycles, reporting approaches, business hierarchies, geographies and supervisory jurisdictions. • Instills confidence among those signing off regulatory reports and taking business decisions, through knowing the origin and evolution of source data. • Leverages an organization’s existing technology to enable business analytics, by controlling the data and results flowing between data warehouses, modeling tools, analytic systems, desktop applications, and business intelligence reporting solutions. • Ensures completeness by providing an interface for business experts to submit specialist data, not held in structured data stores, for inclusion in analytics and reports. For more information please visit: http://www.secondfloor.com/eframe

1. eFrame®
Workflow, Governance and Process
Control for Efficient and Accurate
Analytics and Reporting
eFrame® automates the collection and validation of data from across the
organisation for regulatory and management reporting and improved insight
into risk. It works with a firm’s existing systems to create a repeatable process
that lightens the administrative burden, ensures excellent governance, and
produces accurate, auditable reports that senior management and regulatory
supervisors can trust.
The challenge: escalating reporting • Auditability – eFrame® records every action
demands taken to create a report, every calculation made
in the production of the figures, and every source
Organisations of all sizes struggle to
system supplying the underlying data
meet the reporting demands of markets,
regulators and senior management. Report production • Process Control – eFrame® institutes a
often involves much manual intervention, with the workflow for report creation, automatically alerting
collection and collation of vast amounts of data from individuals to the need to supply sign off data,
across the business creating a real risk of errors, ensuring that all data is approved and validated
omissions and delays.
• Traceability – all data collected by – eFrame®
It’s an expensive and time-consuming exercise that is traceable to its original source, ensuring
detracts from day-to-day operations, and its manual management or supervisory queries about
nature means the process has to be started again reported figures can be managed efficiently
from scratch when the next report is due.
• Repeatability – once a reporting process is
defined in eFrame®, it can be run and re-run
at any time; making it ideal for quarter-end and
Trustworthy reports for confident decision-making
year-end reports to markets and regulators, as
eFrame® is a software application that works with a well as more frequent internal reporting and
firm’s existing systems to automate and accelerate ad-hoc stress testing
the reporting process for:
• Trustworthiness – reports are prepared
• Regulatory reports such as those required according to a definitive process established
under Solvency II and Basel III within eFrame®, so senior management can
have complete confidence in their integrity
• Internal management reporting for risk-related
decision-making • Timeliness – with regulators requiring reports
to be submitted within a few weeks of quarter
and year-end, eFrame®’s automated process
Trustworthy, auditable and repeatable reporting enables tight timeframes to be met with ease with
its Time-Window Driven Reporting™ approach.
eFrame® brings major benefits to entity-level and eFrame® orchestrates all the data, systems,
consolidated group-level reporting processes: processes and people involved in a reporting
cycle to ensure reports are delivered within
deadlines, everytime
• History – eFrame® preserves a record of data
used in previous reports, enabling reports to
be compared to previous periods, and allowing
historical data to be re-used when appropriate

2. eFrame®
Define Configure Deploy
What is the issue, where Setup eFrame® according Use the combination
are the root causes of this. to the solution proposed of the documentation
Workshop approach to where the solution will be of the analyzer and the
clarify the issue. imported out of the Analyzer. implementation of
eFrame® to reach a
confident deployment.
Describe Test
Using our Analyzer tool Use the configured eFrame®
to graphically show the to put the solution in to the
current situation and test in practice.
the solution.
Automates a firm’s chosen reporting Multiple reporting capabilities
processes
eFrame® is packed with powerful and flexible
eFrame is a web-based application
®
reporting capabilities, including:
that runs on a firm’s own servers, within
• Standard reports: eFrame® comes with a suite
its firewall. During the set-up phase, eFrame® is
of standard, out-of-the-box reports, based on
configured to reflect an organisation’s chosen
common internal and external requirements
reporting process, whether that’s an internally-
defined model or an industry standard model, like • Custom reports: SecondFloor can implement
the Standard Formula for Solvency II reporting. additional custom reports at a firm’s request
The resulting configuration will include details of all
aspects of a firm’s reporting process, including:
• A standard taxonomy specifying the data
types being gathered for the report
• Data sources for all figures and economic
calculations required
• The individuals, roles and responsibilities
involved in supplying and approving the data
• Workflow, escalation and exception
management processes to prevent bottlenecks
• Timescales in which the report(s) need
to be produced
• Disclosure requirements for the reports being
prepared, including output format

3. Get started fast with eFrame® Why eFrame®?
Accelerators
eFrame® is a powerful, scalable and practical way
Firms can get started fast with to automate and standardise external and internal
eFrame® by taking advantage of one reporting processes:
or more eFrame® Accelerator to kick-start the
>> Works with existing IT systems – not as
implementation process. eFrame® Accelerators are
a replacement for any software a firm currently
pre-built software components that encapsulate
uses – no ‘rip and replace’ project risks
best practice functionality in certain key areas.
Accelerators include: >> Multiple uses – eFrame® can be used in many
different ways, from automating and auditing
• Analyzer – a discovery and visualisation tool
specific regulatory reports to organisation-wide
that locates and maps the systems, individuals,
risk analysis and decision support
calculations and data sources required for the
reporting process >> Proven technology – eFrame® is used by
complex financial institutions, including some
• Solvency II – a ready-made environment for
of the largest in Europe, as an integral part of
Risk QRT reporting and the QIS model
governance, compliance and risk management
• Scenario Handler – a place to configure and
>> Fixed price, fixed-term, and fixed-content
store scenarios for stress testing and reporting
implementation – a firm will know upfront how
• Market Data Viewer/Manager – automatically much the implementation will cost, how long it
process market data, such as equities, interest will take and what will be implemented
rates and FX rates, for valuation dates
• Correlation Viewer/Manager – an easy-to-
configure approach to maintaining correlation
matrices Key features
• Report Designer – define and design reports • utomated data collection, validation,
A
based on the reporting data in eFrame® calculation and aggregation
• Grid Computing – configure eFrame® for • Smooth workflow and approval processes
a scalable grid computing deployment • Taxonomy-driven data modelling
• Internal Model Accelerator – a complete • upports supervisory use tests and own
S
set of tools to implement the processing of an risk self-assessment (ORSA)
internal model for Solvency II reporting and
internal risk management
Works with a firm’s existing systems
Key benefits
eFrame® does not replace any existing systems,
• Manage complex reporting demands
but orchestrates them to extract the data and
calculations needed to produce regulatory reports. • Meet challenging reporting deadlines
It has pre-built eFrame® Connectors that allow it • Produce reports senior managers can trust
to extract data, in a checkable and auditable way,
from existing data warehouses, modelling tools, • Reduce the cost and effort of compliance
analytic systems, desktop applications, and • Leverage existing systems
business intelligence reporting solutions. It also
imports data directly from Microsoft Excel.
eFrame® Connectors include:
• IBM® Algo Financial Modeler – imports
approved calculations from AFM and creates
an audit trail for them
• Data Connector – imports data from relational
databases without the need for an enterprise
ETL tool
• IBM® Data Stage Connector – automatically
extracts data from multiple sources using IBM®
Data Stage
• IBM® Cognos® Connector – uses the Cognos®
Report Designer interface to run Cognos® reports
in eFrame®

4. Find out more
To learn more about how
eFrame® can help standardise, automate
and accelerate reporting processes,
contact us on +31 (0)20 6589 700,
email us at info@secondfloor.com,
or visit our website at www.secondfloor.com.