BSP API-Based Prudential Reporting Featured on Cambridge SupTech Lab’s Solutions Tracker
Compliant Risk Technology (CRT) · Published · Updated
We are proud to see the Bangko Sentral ng Pilipinas (BSP) API-based prudential reporting initiative featured on the Cambridge SupTech Lab’s Solutions Tracker. This project was co-developed with BSP under the R²A program and it laid important groundwork for modern, API-enabled supervisory reporting.
Why it matters
- Supervisors need timely, high-quality data for effective oversight.
- Traditional reporting workflows were burdened by manual steps and delayed submissions.
- API-based reporting improves timeliness, accuracy, and automation—allowing BSP to focus on analysis and risk.
What we built together
- An API-first prudential reporting approach enabling automated submissions from regulated entities.
- Built-in validations to reduce errors at the source and minimize rework cycles.
- A standardized data structure to improve reliability and downstream analytics.
- Operational gains in processing time, data completeness, and auditability.
Outcomes and impact
- Faster, more reliable prudential data flows to BSP.
- Improved supervisory visibility and data quality.
- A scalable foundation for additional suptech use cases across the supervisory lifecycle.
Our contribution
- Co-design and implementation support for API-based reporting with BSP.
- Collaboration under the R²A program to pioneer practical, scalable suptech.
- Knowledge transfer and documentation to help BSP sustain and extend capabilities.
What’s next
- Extending the approach to additional data collections, validations, and supervisory tools.
- Leveraging the same API-first principles for market conduct, AML/CFT, and other regulatory data needs.
- Continuing collaboration with supervisors and the suptech community on proven, production-grade solutions.
References
- See the listing on the Cambridge SupTech Lab Solutions Tracker (link below) for the market entry describing this project and its impact.
Connected project evidence
The R²A project retrospective identifies CRT–Pinecone as the partnership selected for the BSP prototype. BSP’s First Semester 2023 report confirms the CRT–R²A partnership and traces the later programme history.
The BSP case study links that evidence to Central Banking’s 2019 coverage and distinguishes reporting consolidation, pilot processing measurements and later PRIME outcomes. The Solutions Tracker entry is a project listing; it should not be read as a platform-wide independent validation.
Institutions discussed
- Bangko Sentral ng Pilipinas — Central Bank of the Philippines
Discussed in this article · Supporting source
