FRSGlobal announced the launch of its new product — ReportBuilder — part of the FRSGlobal center for regulatory reporting.

ReportBuilder has been developed in direct response to the Basel II requirement for banks to create both internal management and external regulatory reports from the same data source and the move toward non-standard, prescriptive-style reporting advocated by the U.K. Financial Services Authority (FSA).

ReportBuilder, is a user-friendly tool for non-technical business users to define and create new reports for production by ReportGenerator, without any coding being required. Financial institutions moving in to new countries or jurisdictions will be able to use ReportBuilder to define their own regulatory reports.  

Business users will also be able to create custom internal reports for a wide range of purposes such as management, head-office and profitability reports.

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