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Automating regulatory reporting with self-service analytics

$200K

In generated revenue

$180K

Saved on delivery cost

2

weeks per quarter of analyst time saved

Background

Regulatory reporting commitments within this financial services client team were previously a manual and human-error prone activity. They needed an automated reporting solution that would eliminate errors and save time.

Challenge

The regulatory report needed to be easy for the team to use and auditable at every stage. They also needed to be able to generate the report for different clients in a timely manner.

Approach

Keyrus developed a solution using a combination of Alteryx and SQL Server stored dimension tables that were easy to update and maintain. A series of Alteryx apps connected to the operational data and performed the analysis at various stages, then stored the outputs into SQL. The final Alteryx app outputs the data into Excel templates that match the required output of the regulator.

Key results

01
Automated reporting solution
02
Auditable process
03
Compliant with regulatory requirements

Benefits

The solution generates the output required by the regulator and is sustainable for the team to maintain and update. It is auditable at every stage and saves two weeks of processing time.

Technology partners

Alteryx

Alteryx automates analytics, data science, and processes in one unified platform to accelerate digital transformation. Organizations rely on Alteryx to rapidly upskill their workforces and deliver strategic, high-impact, business outcomes.

120+

certified consultants

8+

years of partnership

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10 Flanders Drive Mt Edgecombe 4302 Kwazulu Natal

Phone:+27 87 350 8860