As a credit institute or financial services provider, the requirements defined by the supervisory authorities that you must adhere to are not only strict, they are also changing all the time. Moreover, you must use the resources at your disposal to report your adherence to the supervisory authorities on a regular basis, in high quality and on time.
In this regard, you must acquire expertise in the IT systems used at your institute, verify the figures they deliver for reporting and deploy standard software to submit regulatory reports to the supervisory authorities. The reporting department will frequently provide information for internal management reporting as well.
At gwp, we use our long-standing experience to provide support for regulatory projects at your institute, from initiation to their implementation. Here, we act independently and are familiar with all standard software systems used on the market, as well as the customary regulatory requirements.