The technology will help the banking organization to comply with various regulatory calculation, reporting and electronic transmission/delivery of Bank of England Prudential Regulation Authority (PRA) and European Banking Authority’s (EBA) Common Reporting (COREP).
Suitable for deployment at branch or head office, the software is fully scalable, which supports key supervisory computations, reporting and electronic delivery, and integrates with LISA for stress testing and ReporterMIS for ad-hoc and management reporting.
Simple and streamlined integration to multiple source systems, built-in reconciliation, and trends and variance reporting, Reporter will greatly simplify the group’s reporting, and assist to comply with the current as well as future regulatory demands.
Additionally, the banking group will benefit from Lombard Risk regulatory compliance expertise which, together with Reporter ETL, enables Lombard Risk to interface with data source systems rapidly – and ensure most effective data collection, validation and re-use throughout the reporting process.
Established in 1989 and headquartered in London, Lombard Risk has offices in New York and New Jersey, Hong Kong, Shanghai, Singapore and Tokyo, and service centers in Atlanta, Cape Town, Luxembourg and Miami.
