MAS 610: Singapore MAS Regulatory Reporting: MAS 610 and MAS 1003 Statistical reporting - Lombard Risk
Home > Solutions > Regulatory Reporting > MAS 610: Singapore MAS Regulatory Reporting: MAS 610 and MAS 1003 Statistical reporting

Lombard Risk Singapore MAS Regulatory Reporting: MAS 610 and MAS 1003 Statistical reporting

The Monetary Authority of Singapore (MAS) is finalising the most important reporting overhaul for many years, massively impacting reporting processes and data demands. Banks must meet the new reporting infrastructure, substantial new level of data granularity and recast their regulatory reporting process.

Lombard Risk helps firms achieve the huge step-up demanded by MAS 610/1003. We provide implementation of the new requirements, data gap analysis and creation of the process, plus the governance framework needed. Working with Lombard Risk, banks achieve planning, project execution and roll-out. Lombard Risk AgileREPORTER enables Singapore banks to automate MAS regulatory reporting as a strategic, future-proofed solution, and to meet the new data reporting infrastructure to be implemented by MAS.

The Lombard Risk AgileREPORTER web-based process automation solution manages data and computation requirements for MAS 610 and 1003 reporting recast, plus provides:

• Embedded regulatory reporting production process, reducing risk
• Comprehensive view of reporting status, trend & change analysis
• Single solution for end-to-end reporting, streamlined workflow & exception management

In March 2018, KPMG and Lombard Risk launched KRIS: the KPMG Regulatory Integrated Solution for those seeking a cloud-based regulatory technology solution. Through this strategic alliance, financial institutions can automate and fulfil mandatory regulatory reporting obligations in an agile, accurate and cost-efficient manner.

Powered by Lombard Risk AgileREPORTER, KRIS is designed for banks seeking an end-to-end reporting solution which can help save as much as 50% of their time in complying with the relevant regulatory returns prescribed by the Monetary Authority of Singapore.

Read the KRIS Press Release 

Regulatory Reporting Products
Click here to view more

MAS 610 Data Sheet
Click here to download

Impact Analysis

Click here to Download

Contact Us

For more information