Case Study: World’s Largest and Most Diversified Financial Group achieves automated regulatory reporting with Prolifics

One of the World’s Largest and Most Diversified Financial Groups - Customer Case Study

The world’s largest and most diversified financial groups subsidiary, a provider of commercial banking, asset management, real estate, and stock transfer agency services, struggled with highly manual, spreadsheet-based regulatory reporting processes. After an audit exposed gaps in repeatability, traceability, and data governance, the company needed a better way to centralize data and support compliance. Prolifics helped address these challenges with a BPM-powered data governance and automation solution, including IBM Netezza, IBM InfoSphere DataStage, IBM InfoSphere Information Analyzer, IBM BPM, and Cognos Analytics.

Prolifics implemented a centralized data warehouse and automated ETL, data quality, exception handling, and reporting workflows so the company could produce regulatory reports automatically from verified data. The solution improved enterprise data quality, reduced manual effort and the risk of errors, and strengthened traceability for audits and compliance. As a result, the company lowered reporting time and costs while improving its ability to meet regulatory requirements and support future business growth.