GovTech Challenge Solver

Columbus & Peekdata solution to automate data collection necessary for supervision

Columbus Lietuva is an IT services and consulting company with global reach (belonging to ColumbusGroup listed inCopenhagen stock exchange) and local expertise. It has an extensive experience working with Digital Transformation projects.Columbus provides a wide spectrum of solutions – from analytics and business insights, to business and application integration or cloud and infrastructure services. Columbus services customers from TOP100list in Lithuania, but also works with small enterprises. Columbus established its reputation as well-known provider by working within food, manufacturing and financial institutions industries.

 

Peekdata was founded in 2017 by a team of data technology experts who combine a vast experience of data processing in such industries like adtech, telco, finance. Peekdata Data API gateway enables you to easily access data from any source via API which allows you to embed reporting and analytics modules into your existing applications and expose your data to your partners.

Solution

CRISP solution is based on the understanding that in order to create different reports for Supervisory authority, the same data is aggregated based on different criteria. Therefore, the reporting can be simplified, i.e. centralized and automated.

CRISP (Compliance, Regulatory, Information, Service, Provision) – is the Innovative RegTech Solution which would enable Supervisory authority automatically receive detailed operational data in pre-defined format from financial market participants and analyze the data collected in various aspects. This will be a revolutionary change in reporting system as financial market participants would no longer need to provide traditional reports to the Supervisory authority.

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