Cobra Banking Product Control & P&L Reporting
COBRA is 4Front’s complete Banking Product Control solution, capable of performing loading, storing and calculation, adjustment management and P&L reporting.
Built by experts for experts
Built using our unique knowledge of what really works in a banking product control environment, it is a highly interactive and flexible framework that excels at replacing inefficient in-house desktop applications to provide a secure, auditable and unified data store that presents a single version of financial truth. It is currently being used to manage International P&L Reporting across all financial products and multiple time zones for 600 Front and Middle Office users.
Cobra Key Features
- P&L Reporting and Balance Sheet Management
- Management (MIS) to Trade Reporting
- Financial Analysis
- Independent Price Verification (IPV)
- Foreign Exchange P&L and Funding Calculation
- Reserving/Provisions
- Attribution/P&L Explain
- Reconciliation
- Volatility Analysis
- Adjustment Tools
- Fully customizable dashboards for individual or team use
Cobra P&L Reporting Key Benefits
- Preserve data integrity throughout an entire organization
- Protect against regulatory risk
- Eradicate reliance on multiple unstable spreadsheets in favor of one robust, highly flexible system
- Aid seamless integration with legacy systems
- Assure best practice and greatly reduce operational risk
- Increase productivity by reducing duplication and unnecessary tasks
- Release controllers from manual data production to focus on value added analysis that enhance strategies
- Build an accurate picture of risk and opportunity across the enterprise
- Analyze reconciliation and adjustment processes to improve operational performance, saving time and administrative cost
- Load data, perform calculations and provide reports to different teams simultaneously across the enterprise without being locked out of the system
