Looking for anti-money laundering
compliance? You need STB-Detector.
Financial
institutions in the UK are set for the biggest overhaul of regulatory and compliance
systems for many years.
Deposit takers, principal position takers
and other firms must now plan for the implementation of new capital standards
reporting and the roll-out of the Integrated Regulatory Reporting regime.
Building Societies must plan for these changes, and also for statistical
reporting to the Bank of England.
As well
as support for Integrated Regulatory Reporting (IRR)
with new forms such as the PSD, RMAR and MLAR
and Basel II
reports, STB-Reporter supports all standard bank returns to the FSA
and BOE. Use the menu below to check if a particular return is supported:
With increasing pressure for electronic reporting,
STB-Reporter is the economic solution - powerful functionality, economic to own,
effectively supported. And it's the winning product, by a long way, when it comes
to removing competitive installations that have failed to deliver. You cannot
go wrong.
STB-Reporter
massively reduces the amount of time spent compiling reports and, by completely
automating the process, eliminates errors associated with unwieldy paper or spreadsheet-based
audit trails.
STB's policy has always been that there are no
extra charges. All updates to regulatory returns are provided as
they occur - whatever the size and scale of the changes. Think about that with
the upcoming changes arising from Basel
II with the second capital accord, and you might want to give STB
a call now. STB fully supports the move to Mandatory Electronic Reporting
and XML and XBRL as this becomes more widely adopted.
For further information select the following link: http://www.stbsystems.com/newsindex/article2604.htm
STB
are working closely with industry bodies and the regulator to ensure that as changes
are made to the reporting and outputs, the impact on STB clients is minimalised.
You can be sure that STB-Reporter will continue to provide whatever formats and
returns are introduced as a part of our guarantee.
UK
Financial Services Authority - Banks
The Bank
of England, in order to collect the data needed to help HM Treasury to
manage the UK's economy, and Financial Services Authority, to execute
their supervisory role, have a couple of things in common: they don't like to
be kept waiting, and they also want your numbers to be right first time.
STB-Reporter
offers the highest level of functionality available today covering all areas of
regulatory reporting. STB's customers enjoy a fully automated solution
for the full suite of regulatory reports required by the Bank of England
and FSA, whether an overseas branch, or a full UK Incorporated institution
with a Trading Book.
In just a few clicks you can compute all
of the values for your reports, and when they pop up on screen, they helpfully
appear just like the forms you use already. This is just one example of how STB's
approach to forms-handling technology is unmatched elsewhere in the industry.
Complete
return and cross-return validation is performed for you, allowing you to adjust
any mistakes. And full BEERS transmission is included so all figures are sent
directly to the Bank of England.
How is this achieved?
One key reason is that our regulatory application packages are built by business
analysts, not programmers. There are other benefits too. STB-Reporter uses our
data management tool STB-SuperConsolidator
to take relevant data from a client's source systems, so interfacing is easy -
wherever you hold the data, we will take it just as it is - one file or many.
We can acquire the data from any industry-standard database, or you can give us
simple ASCII or CSV feeds. It doesn't matter about field sizes or order, or what
coding structures you use, even if each of your data sources is different.
No
special datafeeds, we'll re-use any that you've already got for redundant regulatory
reporting systems
If
you've got multiple data sources, then it's a walk in the park: you won't need
a major IT project
Easy
integration with all recognized banking systems and in-house systems
As
the installation is simple, so is maintenance!
STB-Reporter
is the most popular product on the market with superb user functions, and drill-downs
that are second to absolutely none
Supports
inputs/outputs to popular office tools
Can
be fully enhanced any time using STB's Business
Solutions applications to provide world-class management information and Anti-Money
Laundering or Inland Revenue
reporting solutions, without major new project work and with no change in installation
infrastructure
STB-Reporter generates
the fastest grab of market share wherever STB goes - there are reasons. Please
contact us directly or via Information & Feedback, and we'll let you know
the remarkable percentage of our clients that used to use some other system! Regulatory
Reporting from STB Systems.