Full coverage of comprehensive credit, market and liquidity risk and financial reporting as required under Basel III (with full compliance with the data point model).

Banks, building societies, investment firms and asset managers are all impacted by the European Banking Authority (EBA) common reporting regulations, which include COREP and Financial Reporting (FINREP).

Lombard Risk REPORTER fully supports key supervisory calculations, reporting and electronic delivery as standard, and additionally supports wider ad-hoc and management reporting requirements. It is both flexible and totally scalable in terms of deployment, ranging from a full end-to-end solution, through to Excel upload / manual entry.

REPORTER for EBA reporting enables firms to:

• Automate end-to-end regulatory reporting processes from data acquisition, standardisation through to calculation, reporting and submission via XBRL
• Select from multiple deployment options that fit around existing architectures and processes that support a rapid deployment and superior solution total cost of ownership relative to other systems
• Leverage existing data sources for complete coverage of reporting requirements
• Achieve enhanced ad-hoc reporting

Robert Markham explains: "The ever-changing regulatory landscape requires firms to have a single, robust and proven solution that meets all the regulations, now and in the future. This latest set of regulations has inspired firms to review their legacy systems and many have elected to replace them with a single, automated end-to-end solution.

Lombard Risk REPORTER is the only solution available that offers a blend of packaged functionality that also provides the flexibility and configurability that firms need in order to meet their specific requirements. As a result, our client base ranges from large retail banking organisations, through to subsidiaries of foreign banks and investmentment firms of various sizes and authorisation type."

Lombard Risk has an extensive team of financial business matter experts, many of which have held regulatory roles in financial institutions. Lombard Risk has been tracking this regulation since its conception and providing the market with informative updates at every step of the way via a series of events, online briefings and company briefings.