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Event Q&A
Why Automation Isn’t Optional for Financial Reporting Any Longer
CeFPro’s latest study 'The State of Financial Reporting in Banking' exposes the widening gap between perceived reporting readiness and regulatory expectations in banking - revealing why legacy systems, manual processes, and siloed teams are putting institutions at risk.
Apr 14, 2025
Tags:
ALM, Treasury and Liquidity Risk
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
- 87% of banks are confident in their data—but 54% expect regulators to find gaps in their reporting processes
- Manual workloads, outdated systems, and disconnected workflows remain major obstacles to efficiency and compliance
- Automation and integrated platforms are underutilized despite their potential to reduce errors and improve scalability
- Stronger data governance and cross-team coordination are essential for meeting evolving regulatory and ESG demands
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