This is the second in a series of Point of View articles exploring the evolution of regulatory reporting technology and the context in which it is transforming. This article examines:
- The core issues and challenges associated with the regulatory reporting process.
- The trend in the market toward a more granular level of reporting.
- The adoption of structured data models by regulators and the need for more standardization.
- The significance of data management in the regulatory reporting cycle.
It follows the first report in this series, which highlighted the significance of regulatory reporting, presented an overview of the market, and considered various types of reporting obligations, key market themes and emerging regulations.