Reporting in the Automation Era

Raniere, Vincent J.
September 2007
Maine Community Banker;2007 Supplement, p20
Trade Publication
The article discusses compliance risks arising from manual preparation of government-mandated bank reports and discusses the advantages of automation. Manual method exposes banks to regulatory, reputational and compliance risks as the government requires more detailed financial reports. Automaton regulatory reporting solutions increase efficiency and enhances the ability of banks to reconcile data, thus reducing compliance risk.


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