Industry
Banking & Financial Services
Automating Monthly Liquidity Coverage Ratio Reporting Ahead of the Fed Deadline, With No Third-Party Dependency
monthly Liquidity Coverage Ratio calculation and reporting, replacing manual, fragmented processes
third-party licensing: a custom solution built on existing technology investments
the Federal Reserve deadline for liquidity-coverage compliance
The bank’s treasury division needed automated monthly Liquidity Coverage Ratio calculations to comply with new Federal Reserve liquidity-coverage regulations. Manual processes and fragmented data sourcing were driving operational risk, governance challenges, and long reporting timelines. Altimetrik provided architectural consultation, evaluated product options, and delivered a custom LCR solution end to end, covering requirements, design, data mapping and profiling, development, system testing, and deployment. By leveraging existing technology investments, the solution eliminated third-party dependency, reduced cost, and was implemented ahead of the Fed’s deadlines.
New Federal Reserve rules required automated monthly LCR calculation and reporting, but the existing process was manual and dependent on fragmented data sourcing. That combination increased operational risk, created governance challenges, and stretched reporting timelines.
Treasury needed centralized, governed data sourcing and a repeatable calculation engine, delivered in time to meet the regulator’s deadline.
LCR is a hard regulatory obligation with a fixed deadline. Missing it, or reporting off fragile manual processes, exposes the bank to compliance risk. Automation was the only way to make the ratio both timely and defensible.
Altimetrik provided architectural consultation, evaluated product options, and defined a custom solution approach aligned to the regulatory requirements. The team then delivered the complete implementation, covering requirements analysis, design, data mapping, data profiling, development, system testing, and deployment.
Rather than introduce a third-party product, the solution was built as a custom calculation and rules engine on the bank’s existing technology investments, establishing centralized, governed data sourcing for treasury reporting while keeping cost down.
▪ Automated LCR solution implemented ahead of Fed deadlines
▪ Timely, defensible monthly regulatory reporting
▪ Eliminated third-party dependency by building on existing investments
▪ Reduced overall implementation cost and maximized ROI
▪ Centralized, governed data sourcing for treasury reporting
▪ Manual intervention reduced and reporting accuracy improved
Altimetrik met a hard regulatory deadline with a solution the bank fully owned. By choosing a custom build on existing investments over a new third-party product, Altimetrik delivered automated, governed LCR reporting ahead of the Fed’s deadline while lowering cost and maximizing return on technology the bank had already made.
“Amit Singh is the Chief Strategy Officer and Chief of Staff to the CEO at Altimetrik, where he drives corporate strategy, growth acceleration, and value creation through transformation initiatives. In this dual role, he partners closely with leadership teams, investors, and the board to align business strategy with sustained, technology-driven growth.
With over two decades of experience at the intersection of technology, business, and transformation, Amit brings a unique perspective on how organizations can innovate and adapt in a rapidly evolving digital landscape. His career has been defined by building high-performing teams, scaling innovative platforms, and driving organizational change to deliver lasting impact.
Before joining Altimetrik, Amit held senior leadership roles at Visa, where he led technology strategy, engineering, and product development for Real-Time Payments and the Visa Developer Platform. Earlier, he served as Chief Product Officer at a startup and spent more than a decade at Oracle, leading product and engineering teams across a wide range of enterprise software applications.”
Altimetrik is committed to protecting your personal information. To apply for a position, you will need to provide your email address and create a login. Your information will be used in accordance with applicable data privacy laws, our Privacy Policy, and our Privacy Notice.
