Video: Banks must publish faster and to higher standards

While the regulatory wave that followed the financial crisis appears to have crested, financial institutions are still facing new challenges. Global and local regulators are demanding greater reporting integration across multiple business processes and faster reactions to change. The boundaries between finance, risk and regulatory reporting are starting to blur, and as more complex reporting …

January 9, 2020 | bobsguide

While the regulatory wave that followed the financial crisis appears to have crested, financial institutions are still facing new challenges.

Global and local regulators are demanding greater reporting integration across multiple business processes and faster reactions to change.

The boundaries between finance, risk and regulatory reporting are starting to blur, and as more complex reporting becomes a requirement, many firms are starting to assess just where their tech can lighten the load.

Bobsguide caught up with Jeroen Van Doorsselaere from Wolters Kluwer, winner of best regulatory reporting system at the bobsguide Awards 2019 to discuss how technology has become crucial in tackling data management and compliance hurdles.

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