DQReport - Report to Multiple Regulators
Our internal architecture allows us to run hundreds of thousands of data quality rules which are regulatory context specific. This allows each data point to be checked for compliance with different county/regulator rules and allows temporary ‘holding values’ to be set specific to the regulator. Holding values are necessary where an empty or erroneous datapoint would result in a report being entirely rejected and there is no time to enhance the dataset.
Where a reporting requirement is more bespoke we are able to configure DQReport and DQScore to produce the outputs you need.
The latest advance in the in standardising data requests is the European Central Bank & European Banking Federation “LoanTape” that banks need to deliver in in Q2 2021. This loan tape requirement aims to reduce the multiple and costly data requests that banks experience from regulators by providing a singe comprehensive loan dataset.