The Banks’ Integrated ReportingDictionary: what is it for? Learn more about the ECB's initiative to harmonise reported data.

1. BIRD
ACCESS
DATABASE
BIRD
CONVERSION
REGULATION
ENGINE
FRAMEWORK
DESIGNER
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
outputted data
Difficulty in compare status
among banks
Reporting as a costly and
time-consuming process for banks
(Operational Systems)
BIRDSource data
Reporting
Frameworks
Supplied data
Derived data
(Tranformations)
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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