Finance

Regulatory reporting packs

The firm submits the return and owns every figure in it.

A return should be a pack built from source figures, with every adjustment visible.

Discuss Regulatory reporting packs See how it works

The workflow

Regulatory reporting packs

01
Pull
Source figures are read from the systems named.
02
Adjust
Any change is stored as its own line.
03
Pack
The return is laid out in the firm’s format.
04
Hold
It waits for submission by the firm.

The firm submits the return and owns every figure in it.

The problem

Regulatory reporting packs still depends on a queue.

Returns are assembled in a workbook. Adjustments are unexplained. The same figure is typed into more than one sheet.

Current process

A workbook owned by one person.

Returns are assembled in a workbook. Adjustments are unexplained. The same figure is typed into more than one sheet.

The solution

A recorded workflow, with people where the decision sits.

Handled in the workflow

Source figures are pulled. Adjustments are recorded as adjustments. The pack shows the figure, the change and the source. Submission stays with the firm.

Pull
Adjust
Pack
Hold

Your team stays in control

The firm submits the return and owns every figure in it.

A pack with sources and adjustments shown.

How it works

From the queue to a recorded outcome.

Source figures are pulled. Adjustments are recorded as adjustments. The pack shows the figure, the change and the source. Submission stays with the firm.