Data-driven subledger tools are key to modern finance & risk management

Article

How will purpose-built subledgers and business intelligence tools help banks to consolidate data, drive better decisions, and address unique challenges in loan offerings, sustainability impact, diversity reporting, and governance in a highly competitive market?

Sep 04, 2023

Theresa Meawad, Director of Solutions Consulting, SS&C EVOLV

Data-driven subledger tools are key to modern finance & risk management

The views and opinions expressed in this content are those of the thought leader as an individual and are not attributed to CeFPro or any other organization

Banks are evolving to meet changing client needs and regulatory pressures, including ESG concerns, while facing competition from agile FinTech firms.
Data-driven decision-making is crucial, with finance and risk organizations playing a central role in leveraging data for positive change.
Purpose-built subledgers are essential for banks due to the complexity of their products, particularly loans, requiring specialized reporting and analysis.
Modern loan subledgers consolidate key information across the bank, enabling actionable insights and reporting on branch performance, sustainability impact, diversity, and governance.