Challenges of Regulatory Reporting 2020

The Regulatory Reporting Obligations of 2020 and beyond create a plethora of challenges across different organisations within the financial service industry.

Overall the industry has had to deal with unprecedented levels of complex regulatory change combined with a large number of external stress events.

The Key Challenges of Regulatory Reporting:

  • Insufficient Governance
  • Poor Integration of the Technology Ecosystem
  • Limited Control of Master Data
  • Reduced Data Integrity
  • Operational Risks of End User Automation

This paper summarises the key regulatory topics for 2020/21, associated challenges with regulatory reporting and finally how AutoRek can partner and successfully support its new and existing client base with these challenges.

 

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