Reg Reporting and Cloud Migration
Accenture identified regulatory reporting as one of the top three legacy tech intensive processes that could benefit from cloud migration, with 40% of respondents citing it as the leading use-case
AUSTRAC obligations: Third Party Reporting
AUSTRAC regulations state that if the direct participant fails to submit the report on a third party’s behalf, both entities are at risk of regulatory penalties
Reporting Data: Consolidating Across Systems, Silos and Spreadsheets
In our third blog on AUSTRAC reporting challenges, we look at how an inability to consolidate data across systems and processes pushes critical tasks into manual channels, making it harder to demonstrate accurate reporting
AUSTRAC reporting and
Legacy (in)Visibility
In our second blog on AUSTRAC reporting challenges, we look at how legacy systems impact identification and reporting of IFTI and TTR transactions
Simplifying the data challenge for AUSTRAC reporting entities
How a data first approach can enhance AUSTRAC reporting for financial institutions
