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Article
Banks Are Reporting, But Are They Really Ready?
As financial reporting requirements evolve, banks face mounting pressure to not just report accurately, but prove how reports are built. Ed Kennedy says that collaboration, transparency, and lateral thinking are critical for navigating growing regulatory scrutiny. Without clear data lineage, operational agility, and system integration, many institutions risk falling behind—competitively, financially, and reputationally.
May 05, 2025
Ed Kennedy, Financial Services Solution Owner, Workiva
Tags:
ALM, Treasury and Liquidity Risk
Regulation and Compliance
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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 face increasing pressure to prove how financial reports are produced, not just what they contain
- Ed Kennedy stresses the need for transparency, efficiency, and
agility
- Fragmented systems, manual processes, and siloed collaboration
put institutions at regulatory and competitive risk
- Lateral thinking and peer research can help future-proof
operations before making costly tech decisions.

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