Considerations for reporting are rapidly evolving with new regulations and customer preferences.
- Utilizing technology to create interactive reporting tools as well as efficient access to current and past reports is key to facilitate better monitoring, analysis and interpretation of the data provided through the reports.
- Data protection regulations require robust data security measures and compliance in reporting channels.
Recognizing the constraints of traditional email-based distribution methods, C&R Group embarked on a path of innovation and technological advancement with the launch of its Reports Portal, one of the many digital products on its C&R Digital platform. C&R Group rolled out the client reporting module of the portal last year, and is pleased to note that it has since rolled out the regulator reporting module in January 2024.
The Reports Portal aims to redefine the sharing and accessibility of reports, providing a centralized platform for seamless access to critical information and efficient data management and analysis. The report portal also allows for security and data privacy considerations to be managed in the provision of reports. However, the most exciting part of the Reports Portal is the types of functionality and interactivity of the reports provided through the portal.
The Challenge of Traditional Email-Based Reporting
For years, email has been the go-to method for sharing regulatory reports among stakeholders. While adequate for smaller data sets, this approach becomes increasingly inefficient and cumbersome as the volume and complexity of reports grows. File size limitations, delivery issues, and difficulties in accessing historical data are just a few of the challenges associated with email-based reporting.
Introducing C&R Group’s Regulatory Reporting Portal: A Game-Changer
C&R Group oversees some of the largest registers in the Capital Markets and, as part of it’s monthly reporting to clients, had been including analysis on register and holder changes each month. This includes top holder changes as well as domicile analytics to highlight the presence and extent of foreign investors, as well as the distribution of shares held. However, the reports provided were static analysis reports with limited data interaction functionality.
In response to the challenges and the limitations of traditional reporting methods, C&R Group developed its Reports Portal—a centralized repository designed to streamline the sharing and access of client and regulator reports. This innovative platform harnesses existing technology to provide clients and regulators with a more efficient and scalable solution for managing share registry data in a more secure format.
Key Features and Benefits of the C&R Digital Reports Portal
- Centralized storage and organization.
- Streamlined sharing processes.
- Enhanced access to historical data.
- Scalability and flexibility.
- Interactive functionality.
Visualizing Insights
By transitioning to the Reports Portal, C&R Group provides reports with interactive data set functionality, allowing clients and regulators to set parameters for their industry and company analysis. Graphical representation of the data and interactive data sets on the reports charts allows users to have deeper insights and a more user-friendly experience.
Driving Innovation
At C&R Group, we are committed to more than just being a share registrar; we consider it our responsibility to be an integral contributor to capital markets industry growth. With innovation as one of our core values, we are known for developing technological products and solutions, such as our Virtual AGM system and Online IPO and Bond Processing system, to meet ever developing digitized industry needs.
The introduction of the Reports Portal marks another milestone in C&R Group’s dedication to innovation and excellence in digital products and services to meet industry developments. By leveraging existing technology to overcome the limitations of traditional distribution methods, we are providing stakeholders with a more efficient and effective way to share and consume regulatory data.
Looking ahead, we are excited about the opportunities that lie ahead. At C&R Group, we are committed to being part of reshaping the industry’s journey. We already have a series of products and services that speak to this. Contact us and let us see how we can work together.
Contact us at bd@candrgroup.co.ke
C&R Group
27 March 2024
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