U.K. Compliance Firm Selects Lombard for Regulatory Submissions

Compliancy Services has selected Lombard Risk’s cloud-based version of REPORTER to provide their clients with regulatory returns submission services.
By Jake Safane(2147484770)
Compliancy Services has selected Lombard Risk’s cloud-based version of REPORTER to provide their clients with regulatory returns submission services.

REPORTER automates end-to-end regulatory reporting from data collection to electronic output. Compliancy Services will use the solution to enable its clients to report their Common Reporting (COREP) returns under Capital Requirements Directive (CRD) IV regulations in XBRL format, along with the full set of European Banking Authority (EBA) validations. REPORTER will also provide an archive of the reports.

“We are delighted to work with Lombard Risk, who completely understand our specific requirements. We have been able to remove the burden of COREP / XBRL reporting from our clients, whilst providing them with an affordable and reliable method of meeting the EBA regulatory demands. It serves as a natural extension to our existing FCA/PRA (Financial Conduct Authority/Prudential Regulatory Authority) regulatory service,” says Iain Stephen, managing partner, Compliancy Services.

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