Syntel’s Regulatory Reporting Solution for Financial Companies

Good data management and robust reporting systems and controls help financial organizations achieve a better view of their company. Incomplete and inaccurate data combined with a lack of integrated reporting meant that risk was not being effectively managed and transparently reported. The challenge for financial services firms is to find a way to handle reporting effectively, as per compliance, and efficiently at an acceptable cost. The challenges they face are:
• Strengthening risk governance and infrastructure
• Building a robust and flexible enterprise data warehouse
• Improving stress scenario capabilities
• Advance reporting system covering multiple risk regulatory reporting

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