Crossbridge Insight Regulation Series: Regulatory Reporting
Crossbridge Insight Regulation Series: Regulatory Reporting & Addressing Data Challenges Vol 3
BackRulemaking which is often ambiguous needs to be interpreted and applied across asset classes and functional areas. Regulation is forcing banks to improve data quality and integration across business lines now to meet short implementation timeframes.
Keeping pace with the regulatory reporting change provides a real challenge, especially if each regulation is addressed separately rather than being considered within the context of the wider regulatory landscape. Addressing common themes across regulatory reporting in data quality, ownership and frequency can help to maximise cost efficiency and optimise improvements to data.
