Restoring Regulator Confidence in Liquidity Data

The FR 2052a, the Federal Reserve's Complex Institution Liquidity Monitoring Report, collects detailed data on assets, liabilities, funding activities and contingent liabilities, both on a consolidated basis and by material entity. The Federal Reserve uses it to monitor the liquidity profile of large banking organizations, which file it daily or monthly. 

Because the report is so granular, data quality issues can affect regulator confidence. A leading U.S. bank wanted to accelerate its FR 2052a data remediation to meet regulatory expectations.

The bank needed to: 

• Accelerate FR 2052a data remediation to meet regulatory expectations and build regulator confidence. 
• Coordinate ongoing efforts across treasury, operational controls, data infrastructure and regulatory reporting to support report validation. 

Sia worked alongside the bank's Treasury team, providing project management, product knowledge, defect remediation, liquidity expertise, data analysis and lineage, and technical support: 

• Program management: governing enterprise-wide FR 2052a remediation, with team alignment, stakeholder communication and change management. 
• Project management: more than 100 individual data defects managed through to delivery. 
• Subject matter expertise: data remediation, FR 2052a interpretations, compliance rationale documents and daily reporting operations. 
• Technical analysis: data quality refinement, edit checks and validation on the liquidity data platforms, with support from the bank's internal generative AI assistant. 

The bank gained a governed, enterprise-wide remediation program, with more than 100 data defects managed through to delivery and stronger data quality controls on its liquidity data platforms. 

By combining liquidity reporting expertise, program discipline and AI-assisted analysis, Sia helps banks build regulator confidence in their data.