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Tagetik 3.0 helps Financial Institutions manage and streamline regulatory reporting requirements of central banks and supervisory agencies.

Regulatory Reporting for Financial Institutions

 

Tagetik 3.0 helps Financial Institutions manage and streamline regulatory reporting requirements of central banks and supervisory agencies by generating automatically accurate financial reports with statistical and solvency data.
This functionality is built into the consolidation process to ensure that the information is reconciled with the financial statements, validated and delivered rapidly. Tagetik 3.0 automates the reporting process reducing the amount of time spent compiling report and ensuring complete data integrity, accuracy and transparency.

 

To support the Regulatory Reporting process Tagetik 3.0 delivers:

  • Native integration between consolidated chart of accounts and regulatory reporting to ensure that the information is reconciled and validated
  • Possibility to analyze what each company contributed to the final amount and the details of consolidation
  • Manual adjustments with full audit trail of changes
  • Management of multiple versions of data and final workflow to the Central Bank
  • Powerful diagnostic checks for data accuracy and to meet standards provided by the Central Bank
  • Automatic generation of consolidated and individual statistical and solvency data
  • Dynamic creation of Intercompany reconciliations directly from the consolidation adjustments

 

 

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Consolidation, Financial Reporting and Budgeting

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