Decision Quality Depends on Information Quality – And Information Quality Depends on Reporting Structure
Reporting in the banking sector goes far beyond regulatory compliance – it is the foundation of risk management, strategic planning, and business performance oversight. From internal management boards to external supervisory authorities, timely and accurate reports enable transparency, effective decision-making, and accountability.
In a complex regulatory environment and with growing reliance on data, banks face significant challenges related to data integration, consistency, result interpretation, and alignment with supervisory expectations.
Our services include:
- Assessment and enhancement of regulatory reporting frameworks, processes, and controls.
- Design and optimization of internal reporting, including reports for the Board of Directors, Executive Management, Supervisory Board and its committees, as well as for line managers.
- Development of dashboards and structuring of key indicators (KPIs, KRIs) for all major risk types and business functions.
- Alignment of reporting practices with BCBS 239 principles, including data governance, data architecture, accountability, and report verifiability.
- Evaluation of the full reporting process – from data sourcing and transformation, through quality control, to final report presentation and distribution.
- Specialized training for staff involved in reporting and analysis, focused on risk interpretation, narrative building, and aligning reports with their intended purpose.
- Support in the development of narrative reporting – not just explaining what happened, but also why it happened and what it means for management.
Why is this important for your bank?
Poor reporting leads to poor decisions – and that is a direct threat to the bank’s stability. Moreover, inaccurate, non-compliant, or inadequate reporting can expose the bank to regulatory sanctions, reputational damage, and operational risk. A well-structured reporting system ensures that the right people receive the right information at the right time – and are empowered to act on it.
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🔥 NEW!!!
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OPEN PROGRAM SPRING/SUMMER 2025
Applications open until July 6th, 2025. Applications are submitted directly via the Contact page by selecting the Reporting Program.
Program date: Wednesday, July 16th, 2025, from 09:00 to 17:00
Location: In-person at Maglajska 1, Sarajevo – Center.
The program is intended for all participants involved in the reporting process.
The number of participants is limited.
Individual investment BAM 480.
Value for the Bank from Employee Participation in the Reporting Program
By enrolling employees in a specialized education program on regulatory and internal reporting, the bank directly enhances the quality of its reporting processes and its managerial foundation. Key institutional benefits include:
- Improved accuracy and compliance of reports – Employees gain a clear understanding of regulatory requirements and expectations, reducing the risk of errors, delays, or discrepancies in reports.
- More effective internal reporting – Trained staff contribute to reports that are clear, useful, and relevant to management and board members, enabling higher-quality decision-making.
- Reduced operational risk – Standardizing knowledge and procedures through training lowers dependence on individuals and increases the resilience of reporting processes to staff turnover.
- Enhanced regulatory credibility – Accurate, consistent, and timely reports strengthen the bank’s reputation with supervisors and other external stakeholders.
- Stronger cross-functional integration – The program promotes mutual understanding between Risk, Finance, ALM, and other departments contributing to reporting, leading to better alignment and smoother information flow.
Value for Employees Attending the Reporting Program
Participation in the reporting education program brings a range of significant professional benefits, enabling employees to perform their duties more efficiently, securely, and with a strategic outlook. Key benefits include:
- Clear understanding of regulatory frameworks – Participants gain insight into the purpose, structure, and reporting cycles required by domestic and EU regulators, including supervisory expectations.
- Enhanced technical and analytical skills – The program strengthens abilities in data processing, interpreting indicators, and preparing reports that are accurate, decision-oriented, and aligned with business goals.
- Increased work efficiency and confidence – By understanding workflows and deadlines, participants reduce stress and errors while gaining greater autonomy in their roles.
- Improved communication with other functions – Training helps employees better understand information received from other departments (e.g., Risk, ALM, Finance), thereby improving report quality and coherence.
- Professional development and visibility – Being recognized as someone who understands reporting raises the employee’s professional credibility within the institution and opens up career advancement opportunities, especially in Finance, Controlling, or Risk Management.
This program not only strengthens employees’ technical capabilities but also empowers them to approach reporting as a strategic communication tool and a critical component of organizational governance.
