Regulatory reporting software for banks
- Submissions a year
- 36
- Hours a year on preparation and review
- 504
- What that time costs a year
- $31,248
- Of those hours, the ones spent copying figures
- 218
Every figure on this site comes from the returns you owe and the method shown beside each figure: your forms, your frequencies, your hours, your rate. Where a page states a fact about a form or an obligation it names the document it came from, and those are the eCFR and regulator pages cited on the page. Nothing here is legal advice.
36. These are worked figures on a sample firm, not yours: change every one of them.
Download the Regulatory reporting software for banks worked example (CSV)
This worksheet sizes the filing work a set of obligations actually implies, which is the number worth having before you buy anything in this category or hire anybody to help. Put in the returns you owe, how often each comes round, how long a submission takes to prepare and review, and what that time costs. It returns the submissions a year, the hours and money they consume, how much of that is copying figures between systems, and how many evidence sets your retention period obliges you to hold. Change every figure: the defaults are a worked example, not your firm.
About the Regulatory reporting software for banks
Why separate the copying from the rest of the hours?
Because that is the part that automates cleanly. The extract, the mapping and the arithmetic are mechanical; the judgement and the sign-off are not. Sizing them separately tells you what a tool could actually take off you.
Why count source extracts?
Every extract is a thing that has to be taken on the right day and kept, because a figure will not reproduce from live data a year later. The count is usually higher than people expect and it is the storage side of the job.
What is an evidence set?
The extract, the mapping, the adjustments, the validation output and the approval for one submission. The worksheet multiplies submissions by your retention years to show how many you will be holding at steady state.
Disclovo Pro
Keep the calendar, and the receipt against every return
Keep every return in one calendar with its regulator, its period and its due date, and the record of who prepared it, who approved it and when it went.
- Download the worksheet as a file you can circulate and keep.
- The worksheet without our name on the footer.
- Keep this worksheet against the period it was run for.
- Your firm's name and logo on the worksheet instead of ours.
- Export every worksheet and every filing record at once, for an examination.
- Send a worksheet or a filing record from inside the workspace.
$24per month, whole team
Start Disclovo Pro PricingDisclovo Pro is $24 a month. It renews automatically each month at $24 until you cancel, and the price and the renewal date are shown again before you pay.
Where the constants in this tool come from
12 CFR 304.3: reports every insured depository institution files.
FDIC, Call Report forms, instructions and related materials.