The consulting and software company msg for banking announces that the msg.ORRP (Open Risk and Reporting Platform) platform has been available since mid-February in the SAP® Store, the online marketplace for SAP and partner offerings. The modular platform msg.ORRP can be integrated into the SAP architectures and offers customers a comprehensive range of risk management, financial controlling and regulatory reporting services from a single source.
“With msg.ORRP, we provide financial institutions with an innovative platform with a transparent database for a consistent view of risk management, financial controlling and regulatory reporting, which is unique in Germany in this form,” says Andreas von Heymann, member of the Executive Board at msg for banking, describing the unique selling points of the solution.
The key advantages of msg.ORRP include:
- Consistent view of regulatory reporting and risk management
- Traceability of data, methods, key figures and results in accordance with BCBS239
- Modern platform that can be used in an SAP architecture
- Compliance with national and international requirements
- Future-proof expansion of reporting to meet IReF requirements
- Cost-effective SaaS operation
The SAP Store, found at store.sap.com, delivers a simplified and connected digital customer experience for finding, trying, buying and renewing more than 2,300 solutions from SAP and its partners. There, customers can find the SAP solutions and SAP-validated solutions they need to grow their business. And for each purchase made through SAP Store, SAP will plant a tree.
