Regulatory reporting: Firms seek flexibility, automation and the cloud

This report, created by WatersTechnology in association with Regnology, focuses on the state of regulatory reporting across the industry. It sheds light on current regulatory reporting platforms in use at buy- and sell-side firms, the effectiveness of those solutions and the challenges facing firms looking to improve automation levels and deal with large volumes of complex data.

Key findings include:

  • 53.1% of respondents see the manually intensive nature of their workflows as their primary regulatory reporting challenge, while dealing with large data volumes and understanding the minutiae of the regulations were also cited as key challenges.
  • Most respondents are looking for flexibility to support new regulatory requirements in their ideal regulatory reporting platforms, while simplicity and intuitiveness are also important criteria.