Case Study: Qatar International Islamic Bank achieves faster, more accurate regulatory reporting with PwC's automated reporting solution

Qatar International Islamic Bank cuts regulatory reporting prep from 6 people with PriceWaterHouseCoopers

Qatar International Islamic Bank (QIIB) faced a time-consuming and error-prone manual process for preparing regulatory reports for the Qatar Central Bank. This challenge required up to six employees from various departments and carried the risk of inconsistencies and potential fines. PriceWaterHouseCoopers was commissioned to address this with a customized version of their automated regulatory reporting solution.

PriceWaterHouseCoopers implemented a tailored solution built on the SAP HANA platform, which went live in July 2022. This automated, end-to-end system ensured full compliance, eliminated data mistakes, and significantly reduced the time required to prepare reports. The solution built trust with regulators and freed QIIB's employees to focus on value-adding tasks instead of repetitive data validation.

Qatar International Islamic Bank