Efficiencies in Regulatory Reporting: The Move to Granular Data Models with Bearing Point

Over the last years there has been a realisation that the tradition of trying to standardise the reporting outputs of different banks has been unsuccessful, with the dial of standardisation needing to now turn more to the input level, a position now being actively explored by the Bank of England in their Future Data Collections exercise. This session will provide an overview of what is meant by a granular data model, how such a model can shield firms from regulatory change and why standardisation is important in RegTech.

This session, the first of a four part series, will be led by Mark Shead, Head of RegTech UK at Bearing Point. BearingPoint RegTech is a leading international provider of innovative regulatory, risk, and supervisory technology solutions (RegTech, RiskTech, and SupTech) and services along the Regulatory Value Chain for financial services. Customers include 6,000 firms worldwide, among them large international banks, a major part of the largest European banks, leading insurance companies as well as supervisory authorities and central banks, trust BearingPoint RegTech’s products and services. BearingPoint RegTech works closely with regulators and, as a member of standardization bodies such as XBRL, actively contributes to the standard-setting process. BearingPoint RegTech combines regulatory know-how with proven, reliable, and forward-looking RegTech solution suite, expert consulting capabilities, managed services, and training seminars.

To register for this event, or the whole series, please email: events@thebrokerclub.org