BearingPoint Institute: Regulatory Reporting - Are We Headed Toward Real-Time?

A mountain of template-based reporting is pushing the financial sector to the precipice; it is time to consider the input approach to lighten the compliance load and release the information bottleneck.

Regulation is being overhauled to restore confidence in the financial system and avoid another bank bailout. Greater harmonisation and standardisation of data are seen as key elements to more effectively assess systemic risk. Regulators and industry must embrace new technology to create a

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