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Reporting systems

Reporting systems are specialized solutions for automating the formation of financial, management and regulatory reports, ensuring accuracy, timeliness and compliance with standards. They are critical for transparency, control and effective interaction with regulators, shareholders and internal stakeholders.

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Modern reporting platforms allow for the centralized generation of reports according to IFRS, national standards, management reporting, tax returns, regulatory reports of the Central Bank, as well as internal and interbank reporting.  Such systems support calculation automation, data collection from different sources, version control and approval routes.

Functional capabilities:

  • Report generation based on regulator templates (XBRL, XML, Excel, PDF, etc.);
  • Calculation of financial and regulatory indicators (N1.0, liquidity, capital adequacy, etc.);
  • Support for IFRS, GAAP, national standards and internal formats;
  • Integration with DWH, ABS, BI, ERP and other sources;
  • Setting up approval and control routes;
  • Data reconciliation, quality control and audit of transactions;
  • Automatic generation of a package of documents and sending to supervisory authorities.

Who works with the system inside bank:

  • Finance department / accounting / management accounting
  • Risk management
  • Legal and tax department
  • Regulatory reporting department
  • IT and data architects

System owners:

  • Chief Financial Officer (CFO) - main recipient of reports
  • Chief accountant / head of the reporting department - operational support
  • CIO/CTO - technological implementation and integration

What strategic objectives do the proposed solutions solve

Ensures the accuracy, completeness and timeliness of mandatory reporting to regulatory and supervisory authorities

This is critical for compliance with the license, avoiding fines and regulatory sanctions.

Reduces the workload of staff by automating routine tasks and calculations

Frees up resources for analysis and strategic planning.

Increases transparency and quality control of data involved in the formation of financial results

Ensures the reliability of reporting at all levels.

Make working with documents simpler and faster

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Who are the solutions suitable for?

Results after solution implementation

Reduce reporting preparation time to a few hours instead of days or weeks.

Eliminating the risk of errors and inconsistencies when submitting mandatory reports.

Improving the quality of management and financial reporting, and trust from shareholders and regulators.

Processes are optimized, routine operations are automated, and employees have more time for truly valuable tasks.

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