How banks can reduce the burden of regulatory reporting
Industry’s financial reporting in relation to compliance to regulators to is not easy. Research shows that compliance costs have increased more than average in the financial sector in comparison to the cost of compliance for the non-financial sector. All the more reason to use good software automation tools in this case. Specialized software for the Financial Services Industry is in fact the key to implementation costs, maintenance costs and the cost of human resources and last but not least to reduce residual risk. That software must of course demands.
Which require and how it can best be addressed in practice the English-speaking white paper from Ventana Research, which can be downloaded free of charge.