The banks integrated reporting dictionary infographic
Sources: Europe Central Banking Documentation
and Novabase Analysis
The Banks’ Integrated Reporting
Dictionary: what is it for?
BIRD stands for Banks’ Integrated
Reporting Dictionary, which is a Europe
Central Bank initiative to harmonise
reporting frameworks across countries.
Misalignment among banks
regarding regulatory standards
Questionable quality for the
Difficulty in compare status
Reporting as a costly and
time-consuming process for banks
How can Financial Institutions use
BIRD to improve reporting?
An integrated and automated reporting
platform can translate electronic dictionary
framework into a framework designer, such a
platform can help minimise the compliance
burden, streamline processes and support
business decisions with data.
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