Cortell welcomes Greater Bank onto the CoreBIS APRA governance and reporting application.
Greater Bank, having just celebrated its 75year anniversary, has an on-going commitment to providing its customers with outstanding customer service and delivering the best value-for-money banking possible. Greater Bank currently serves more than 270,000 customers across NSW and Queensland, with over $7 billion in assets under management.
Cortell welcomes Heritage Bank to the CoreBIS APRA governance and reporting application.
Heritage is one of the longest-standing financial institutions in the country. Since 1875, Heritage have grown to become the largest customer owned bank in Australia. This movement began in Australia over 150 years ago, when groups of like-minded workers and communities came together to create building societies, credit unions and mutual banks. Since then, customer owned banking has grown to serve over 4 million Australians in every state and territory.
Cortell welcomes Police and Nurses Limited (P&N Group) to the CoreBIS APRA governance and reporting application.
Customer-owned P&N Group, through its retail banking brands P&N Bank in Western Australia and bcu in NSW and south eastern Queensland, provides a genuine banking alternative for people who value competitive and convenient banking products, outstanding customer service and a community spirit that works to provide a helping hand to those in need.
Cortell welcomes VOLT Bank to the CoreBIS APRA governance and reporting application.
Helping people to be better off is what VOLT is all about. Volt began with the aim of doing things the right way. To try and reverse or replace some of the ways of doing things that had become normal. They want to offer genuine transparency and straight-forward experiences for their customers.
Cortell announces the signature of :86400 to the CoreBIS APRA governance and reporting application
:86400, Australia’s first smart bank, provides customers with the help they need to feel on top of their money. :86400 are the first digital bank in Australia to launch to the public.
Cortell announces the signing of Teachers Mutual Bank Limited to the CoreBIS APRA governance and reporting application
Teachers Mutual Bank Limited is one of the largest customer owned banks in Australia. The Bank has four divisions that support niche essential workers sectors: Firefighters Mutual Bank, Health Professionals Bank, Teachers Mutual Bank and UniBank. Collectively, Teachers Mutual Bank Limited has over 220,000 members and over $8b in assets, making them a strong bank of choice for the sector.
October 2019 Edition of the Quarterly Newsletter
A summary of Cortell’s last quarter.
How would your Organisation go with a Self-Assessment?
APRA last week imposed a punitive $500m in additional capital requirements for ANZ, NAB and Westpac, a stinging response to the self-assessments carried out by the respective banks.
Cortell Successfully Moves Bank Australia onto the CoreBIS Regulatory Reporting Platform
Cortell today announced another signatory onto ‘CoreBIS’; their APRA reporting platform transforming the way organisations deliver regulatory governance and reporting. Bank Australia have successfully moved onto their innovative platform, giving Bank Australia a best in class governance and analytics platform to meet their regulatory requirements. With several key changes to the regulatory reporting landscape, organisations are now seeing the advantages of an externally sourced regulatory reporting solution.
Cortell Signs Beyond Bank to CoreBIS APRA Reporting Platform
Cortell today announced the signatory of Beyond Bank who will be using their innovative platform “CoreBIS” to service their APRA reporting requirements.
With several key changes to the regulatory reporting landscape, organisations are now seeing the advantages of an externally sourced regulatory reporting solution.
APRA releases report on industry self-assessments into governance, culture and accountability
Following APRA’s 2018 prudential inquiry on the frameworks and practises regarding governance and accountability at CBA (http://snip.ly/36jmh0), another 36 financial service institutions (across ADI’s, Insurance and Superannuation) where asked to qualify whether the findings established within the CBA report were also evident in their own organisations.
CoreBIS Drives APRA’s Economic and Financial Statistics Reform
Cortell Australia’s drive into the regulatory reporting space continues its growth as APRA releases formal consultation on the proposed changes to the Domestic book reporting requirements. Officially renamed the Economic and Financial Statistics (EFS), the reforms are the first of their kind since the early 2000’s, and reflect the changing need for the RBA and the ABS (the agencies) to collect relevant information for managing the economy.