Meridian Capital Group
65% reduction in regulatory reporting time
“We had 12 different systems feeding our compliance team. Stratos collapsed that into one data fabric in four weeks. Our Basel III reporting now runs in 20 minutes - it used to take three people two days. The accuracy improvement alone justified the cost in the first quarter.”
Chief Compliance Officer, Meridian Capital Group
The challenge
Meridian's compliance team was manually reconciling data from 12 disparate systems to produce required regulatory reports. The process was error-prone, required a team of 6, and produced results 48 hours after period close.
The solution
Stratos connected all 12 source systems via the Data Fabric layer with automated reconciliation rules. The Workflow Engine now triggers regulatory report generation automatically at period close, with approval routing built in.