Case Study: GSIB gains control of CCAR reporting with Workiva

GSIB shaves days off CCAR reporting with Workiva

The customer, a global systemically important bank (GSIB), faced significant inefficiencies and control challenges in its Comprehensive Capital Analysis and Review (CCAR) reporting process. Manually updating data and debating formatting in massive documents consumed excessive time and resources. The bank needed a solution for automatic data linking and strict permission controls for confidential information, which led them to adopt the Workiva platform.

Workiva provided a connected reporting platform that automated data linkages and enabled granular, page-level permission controls. This solution allowed the bank to update its 300-page reports rapidly and securely share drafts without exposing supervisory data. As a result, the bank delivered its final CCAR presentation to the CFO a week earlier, significantly streamlined attestations, and achieved a faster-than-expected implementation. Workiva also became integral for other reporting areas like recovery and resolution planning.