RegCentric: Regulatory Reporting Made Simpler

T he regulatory landscape is dynamic. But it is of utmost importance that financial organizations cope with the ever-increasing changes and meet the regulatory needs efficiently to maintain the overall safety and profitability of their operations. One of the critical aspects of this dynamic space is the regulatory reporting that has recently been marked with frequent changes. Especially amidst the pandemic, the velocity of new reporting requirements has increased, which requires regulators to be backed with more timely and high-quality data with faster turnaround times. Catering to these changes and heightened requirements, several organizations witness a series of challenges in terms of the complex data landscape, resource and budget contention, organizational silos, manual processes, and knowledge gaps. In order to address these regulatory reporting obligations, businesses are looking more and more for a perfect match for purpose governance and control framework supported by people, systems, and change management processes that are devised to cater to the dynamicity of regulatory reporting.

This is where RegCentric, a consulting company, comes into the picture. They aim to assist financial services organiations to utilize technology optimally to steer efficiencies, render insights, and ensure regulatory compliance. Be it a single regulatory requirement, for example, APRA reporting, or an entire enterprise-wide digital transformation, RegCentric’s team of expert consultants are passionate about helping organizations identify their optimal strategy and execute them efficiently.

At the core of RegCentric’s expertise is its wide array of capabilities in regulatory reporting. The company offers its deep domain expertise with technical know-how to render the optimal solutions for these requirements. They support the clients in defining their regulatory reporting strategy and efficiently implementing data management disciplines with a framework that includes optimum leadership, tools and technologies, and operational functions with policies, processes, and standards.

Further, their deployment models are cost-effective that help to achieve sustainable and scalable business results. With RegCentric’s solutions, the team can facilitate clients to implement efficient solutions across the end-to-end regulatory report production process, from capturing data at source through lodgment to the regulator. These enable implementation of the regulatory reporting solution, review governance and operating model, leverage subject matter expertise, support BAU team to lodge high-quality returns on time, and remediate audit findings.

The case study of the finance team Toyota Finance Australia substantiates the efficaciousness of RegCentric’s capabilities. This client approached RegCentric to review the APRA Economic Financial Statistic (EFS) process and controls across their calculation and submission process. RegCentric could effectively help them review and document the end-to-end process and control environment to prepare to report to APRA. The team at Toyota further required assistance for the interpretation of source data to identify the fit for purpose on reporting to APRA. Finally, they could assist in efficiently working with the TFA regulatory and Control team to meet and render the internal and external audit requirements and ensure the alignment of business logic and source system fields utilized in the preparation of EFS forms.


RegCentric is backed by a team of highly experienced business and technology consultants with more than a decade of industry experience. The perfect blend of skills and expertise for any task at hand brings them to the forefront of the competition.

The prolific expertise of RegCentric has been an incredible support for companies in meeting the spiraling changes in the regulatory landscape. Their team has portrayed immense efficiency in terms of technical and business knowledge skills that enable them to articulate the proper solutions for every need of the clients in this space, implement them and create a regulatory compliant environment.