Workiva connected compliance and reporting provides a reliable framework for optimizing regulatory documentation, allowing you to focus on data quality and analysis.
Optimize your regulatory reporting
Banks face complex reporting processes, with unique challenges involving SEC reporting teams, SOX documentation, ERM, and regulatory reporting. Workiva helps your team work more efficiently with a single cloud platform that meets your connected reporting needs.
Technology to transform organizational reporting
Seven of the eight U.S. Global Systemically Important Bank (G-SIB) holding companies rely on Workiva solutions. Workiva supports Dodd-Frank regulation including recovery and resolution planning (RRP), Comprehensive Capital Analysis and Review (CCAR), and Dodd-Frank Act stress testing (DFAST).
Banks of all sizes leverage Workiva to modernize their financial reporting, internal audit management, SOX compliance, policy management, and many other reporting processes.
Leverage a secure, modern solution
Adopt technology that lets you execute on deadline. Workiva enables users to contribute simultaneously—connecting data, so last-minute changes automatically update across thousands of pages. No more outdated data.
Data integrity and control
Workiva provides a secure, collaborative environment for your recovery and resolution planning (RRP) team.
Bring structured and unstructured data easily into Wdesk to create a central, connected repository for recovery and resolution planning. Link, use, and reuse that information to provide consistency across documents, and roll forward.
The cloud makes it easier for internal and external teams to collaborate freely in a secure environment. You control which users can access, view, and edit your documents, down to specific sections of the report.
Build processes that stand the test of time
Workiva modernized how banks tackle CCAR and DFAST. With a simplified workflow, you can create more efficient regulatory compliance processes that are sustainable and repeatable.
More productivity, fewer hassles
Join more than 70 percent of U.S. federally mandated CCAR banks that are connecting stress testing reporting.
Roll forward large amounts of information painlessly each cycle while maintaining linked numbers and formatting. Host charts and graphs in a centralized platform, so you can easily update numbers across thousands of related data points.
Protect the integrity of your documents with permission controls and an audit trail capturing a complete history of revisions.
Workiva drives process transformation across complex global reporting and documentation challenges. Gain efficiency by eliminating error-prone manual tasks and limiting delays in workflow.
Simplify complex documentation
Workiva empowers you to nimbly combine data and narrative to demonstrate compliance with evolving global regulations.
Data linking, version control, and audit trails ensure accuracy. Commenting within the platform allows you to track issues from identification to resolution. Shorten turnarounds on ad hoc requests and reporting by managing aggregated data at scale and preparing publish-ready reports, all in one platform.
For anyone considering Workiva, I’d definitely say 'Go for it'.
Workiva is bliss for those who love the 'team' in the word teamwork.
This was the first year we went live with Workiva, and we immediately saw the difference.
The Workiva Customer Success team is very supportive. I never heard 'this is not possible'.