Why Automation Isn’t Optional for Financial Reporting Any Longer

Article

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

Why Automation Isn’t Optional for Financial Reporting Any Longer

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Manual workloads, outdated systems, and disconnected workflows remain major obstacles to efficiency and compliance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