Financial Services

Tools for Reporting with the FR 2052a Complex Institution Liquidity Monitoring Report

FR 2052a

Previously, I outlined the data that can be reported with the FR 2052a Complex Institution Liquidity Monitoring Report. My next blog will review the tools that can be used to help with reporting.

With the need to consolidate entities on a line-by-line basis and to report such a large amount of information, whether on a daily or monthly basis, regulatory reporting staff must rely on automated tools to assist them. Challenges seen in the market include the mapping from the trading system(s) and the general ledger or subledger to perhaps a data warehouse used for regulatory reporting, into the mapping required for the actual regulatory report. Automated tools include the following.

  1. 2052A Regulatory Calculations are available from Oracle FS Liquidity Risk Management. The system includes U.S. Federal Reserve Calculation of LCR, Modified LCR, FR 2052a (5G) Template, Regulation YY LCR, and pre-configured LCR scenario. Consolidation is provided by the report, so for example, Y-9C and 2052a would have different consolidation methodologies, and therefore different balance amounts.
  2. 2052a validation checks are provided in the Oracle FSA-Lombard Risk Integration Pack. The software provides consolidation and automated data validation checks to continuously improve data lineage and data quality submitted. The checks represent the early foundation of a validation framework for the FR 2052a and are refined and expanded upon as the collection progresses. OFS Regulatory Reporting with the Vermeg system performs the necessary checks either through Data Quality or Design.
  3. Part of AxiomSL’s holistic U.S. liquidity ecosystem, the FR 2052a solution running on AxiomSL’s ControllerView data integrity and control platform empowers Financial Institutions to use their trusted liquidity data to deliver FR 2052a to the Federal Reserve.
  4. OneSumX also supports the mapping of data fields into FR 2052a and LCR reporting.

Perficient’s financial services team can help you understand and comply with 2052a. Our colleagues are well-versed in the requirements, as well as the technology and processes required to ensure financial institutions remain compliant with one of the most fluid and onerous reports required by federal banking regulators.

Download our guide to learn more about the FR 2052a report, including; history and recent changes, consolidation of subsidiary institutions requirement, data to be reported, reporting burdens and tools needed for reporting.

About the Author

Carl is certified in the Scaled Agile Framework (SAFe), a Scrum Master, and a Six Sigma Green Belt project manager with more than 25 years of experience in financial services overseeing large-scale development global, multi-currency accounting, regulatory reporting, and financial reporting software platforms. He has hands-on experience completing, reviewing, and filing Federal Reserve, FFIEC, and IRS reports, including Call Reports, Y9C reports, 2900 reports, TIC reports, and arbitrage rebate reports.

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