Group Statutory Reporting Process
and Systems Integration

The Data Capture Control Module is a web-based portal for capturing raw
financial data from different sources. It allows the aggregating, analysing,
adjusting and building of financial reports.

When the European Banking Authority mandated
the requirement of extensive financial reporting
re-engineering, IDS provided much needed focus.

We delivered a large enterprise analytics system which collects data from different bank branches,
data reports and aggregates, reducing the time it took to identify errors and calculate reports

Business outcomes

  • Reduced errors
  • Faster reporting (saved 6 days per month)
  • Reduced man hours required to create reports by 25%
  • Increased the safety measures to reduce future errors and duplication
  • Improved validation procedure, increased trust with the European Banking Authority.

In terms of the quality of the work, my team also comprised EY, Axiom and IBM professionals where I found the IDS elements of my team consistently planned and executed more effectively. I would have no hesitation in recommending them for a secure large enterprise project.

James Gaunt BSc (Hons), ACA, AMCT -­ Director of FinRep consultancy & project lead on Nationwide Building Society

Delivering ROI for clients worldwide