ORCO Bank is now part of the growing list of leading financial institutions that will be enabled to do more with their regulatory reporting data, than just fast and accurate reporting to the Central Bank!
With our highly advanced and intelligent GREENLIGHT reporting solution, ORCO Bank will automate their complete regulatory chain for Curacao. The solution covers all Banking Regulatory Reporting requirements for their domestic, BES and international banking operations.
In addition, the solution will enable ORCO Bank to benefit from:
- A standard Financial Data Model compliant with Basel I and II guidelines
- Rule driven data allocation methodology which ensures accuracy and consistency
- Standard regulatory updates and help desk support services
- Fast, accurate and reliable insight to key performance indicators
- Local domain expertise with in depth subject knowledge and connections to regulators
- 90% reduction of all regulatory report preparation time
Automate and vastly improve your regulatory reporting operation within 6 months! A fraction of the time a typical Basel II implementation.
"ORCO Bank fully understands the advantages that GREENLIGHT will bring to their organization, as they are a valued client of our Banking Compliance and Risk Management Services. We are excited to help ORCO Bank erase their manual reporting burdens and save them countless hours of preparation.” said Clark Russel, CEO of IBIS Management Associates Inc.