Case Study: Central Bank of Liberia achieves better banking supervision and real-time reporting with Valtech’s vRegCoSS

Central Bank of Liberia improves bank supervision with Valtech’s vRegCoSS for real-time reporting

The Central Bank of Liberia, the nation's central bank, faced challenges in its supervision processes, lacking real-time information from financial institutions and tools for computing financial indicators. Their goal was to improve both offsite and onsite supervision to facilitate accurate statutory reporting. Valtech addressed this by implementing its vRegCoSS solution.

Valtech's vRegCoSS solution automated the bank's entire supervision process, enabling faster data collation and consistent analysis. The platform provided performance indices and analytical reports, which allowed supervisors to manage credit risks, foreign exchange, and money laundering more effectively. This provided the bank's leadership with complete regulatory control and surveillance capabilities.

Central Bank of Liberia