Groupe Rocher validates EMIR

Groupe Rocher is an independent family group, animated by an "entrepreneurial-creative" spirit, with an original positioning (producer, harvester, manufacturer and distributor). Groupe Rocher's turnover amounts to more than 2.5 billion euros in 2017 thanks to the 18,000 employees who collaborate on the destinies of the Group's 10 brands: Yves Rocher, Petit Bateau, Stanhome, and Pierre Ricaud, Daniel Jouvance, Kiotis, ID Parfums Paris, Flormar, Sabon and Arbonne.

Problem

In 2014, all companies issuing OTC orders had a very short deadline to deploy a solution that complies with the new EMIR regulations. Groupe Rocher was looking for a solution to automatically manage the exchange of data between its financial information system and the central repository of its choice.

Solution

The NEOFI solution has all the functions to connect to the relational database of the software containing the necessary information, organize them according to the defined format and transmit them daily, safely, to the central repository.

Development process

The solution has been structurally designed for a fast and safe installation. The adaptations were made by simple setups without specific development from the processes already designed upstream by the NEOFI team to meet the EMIR standards.

Results

L'outil apporte une grande flexibilité et les équipes sont très réactifs pour répondre aux évolutions réglementaires : Groupe Rocher éprouve une grande sérénité face aux futures évolutions EMIR. Grâce à sa facilité de paramétrage, Groupe Rocher utilise maintenant NEOFI pour répondre à d'autres problématiques au sein du département de la Trésorerie.