Reg Reporting » Business Value

The regulatory demands on banks and building societies has been ratcheting up for many years.

To meet this demand, finance and risk leaders are investing ever increasing amounts to satisfy the regulator.

Historically, regulatory reporting operated outside of internal reporting, meaning little business benefit has been derived.

In addition, the pressure on regulatory spend has led to finance and risk leaders having less resource available for discretionary activities that add value.

At Cobalt Beach, we believe a unified reporting capability is not just a regulatory checkbox activity – it’s a strategic asset for increasing performance across the business.

We help consolidate internal and regulatory reporting capabilities into a unified and highly efficient, value-generating platform for growth and compliance across the business.

A unified reporting strategy helps leaders experience reduce costs and operational risk, combined with increased reporting capacity, accuracy and trust.

Rather than looking at this as yet another (expensive) technology problem, Cobalt leverages over two decades of banking, risk and reporting expertise to unify regulatory and internal reporting by simplifying organisational design, systems and processes.

Our goal is to streamline and simplify existing reporting capabilities as opposed to sinking deeper costs and complexity into entirely new reporting platforms and processes.

To making your regulatory reporting work for you:

Your 100 Day Plan

To Streamline & Improve Your Data!

We start with a review of the data and systems in your business today, and during this initial engagement we develop a 100 day roadmap bespoke to your business on how to move to a simpler, joined up data and reporting infrastructure. Focussing on working with your team to identify and remediate your most pressing problems, we will look at which reporting processes are costing you the most time and pain and plan a solution for them