London, United Kingdom, November 16, 2018 --(PR.com
)-- Finperform is pleased to announce that it has signed a definitive agreement to provide consulting services to a leading Japanese Bank.
To meet the BREXIT demands, the Bank is establishing a subsidiary in an European nation. This additional entity need to adhere to a number of regulatory reporting requirements such as COREP, FINREP and Anacredit. In addition to these European requirements, there will be additional local requirement to the National Competent Authorities such as statistical returns and transactional reporting.
Finperform is engaged to provide consulting services to ensure that the Bank has an adequate regulatory reporting framework prior to go live in 2019.
Suriya Subramanian, Founder and Managing Director of Finperform has commented that, "This is an important win for our consulting business. The client has placed significant reliance on our previous work with multinational banks on establishing regulatory reporting and data governance frameworks. We are looking forward to delivering an effective and efficient operating model for regulatory reporting for this strategic client of ours."