New Module Reduces Burden of Compliance

FSA Reporting module was released at our user conference on 28 October 2010. This module will help customers comply with regulations and reduce the burden of compliance, whilst enhancing methods of reporting and analysis at the same time.

The FSA Reporting Module will be fully comprehensive, allowing clients to produce all their reports in one place. ALMIS already provide FSA reports 017, 047 and 048, but are developing seven new FSA Reports which are: 003, 004, 008, 044, 050, 051 and 053.

To reduce the burden of compliance, this module will produce reports in FSA’s XML format and automatically submit them to Gabriel, eliminating the need for customers to manually input figures. The system will also validate reports on the spot, before submission to Gabriel, saving valuable time and correcting errors.