Widening horizons for Data Point Modelling
Tutorial restricted to Regulators Only
Although Data Point Model methodology is well recognized among National and European Competent Authorities, its potential is not yet fully exploited. In most cases, it is applied to describe single European reporting frameworks or to extend it for the local needs. There is, however, a number of pilot projects with a potential to widen the horizons of the application of DPM methodology. These are in particular:
- shared data dictionaries between a number of reporting frameworks
- inside a single organization (e.g. SDD project of ECB, Single Dictionary Project of BdE, etc.),
- across different organizations (e.g. ECB Add-on for Solvency II, Liability Data of SRB, etc.),
- BI analysis driven by a DPM (e.g. DPM based analytics of EBA, Network analysis),
- identification of reporting obligation gaps and overlaps between different reporting frameworks (e.g. bottom-up analysis in M4FDS project of DG FISMA).
This half-day workshop is aimed at providing both the business and the IT experts from the supervisory authorities the in-depth knowledge on comprehensive use of the DPM methodology. The workshop will start with an comprehensive introduction to the methodology which would be beneficial for the newcomers as wells as participants already familiar with the basic DPM concepts (domain, dimension, ordinate, etc.) and its major implementations (CRD4/CRR DPM or Solvency II DPM). The workshop will cover not only the conceptual data modelling part, but will also prepare users practically with hands-on exercises. A number of available tools enabling DPM modelling will be presented (including open-source solutions).