Fed awards contract for bank data modernisation

Regulators award contract in first step to modernize and streamline how federal bank regulators collect, process and distribute quarterly bank financial reports, 17 June.

Source: Federal Reserve press release

The Federal Financial Institutions Examination Council (FFIEC) today announced the first step in an interagency effort to modernize and streamline how federal bank regulators collect, process and distribute quarterly bank financial reports.

Today's step involves awarding a contract, throug