Note: RegTech for Regulators Accelerator (R²A) is now known as the Cambridge SupTech Lab. The initiative was funded by the Bill & Melinda Gates Foundation and fully financed by Rockefeller Philanthropy Advisors.

Summary

The SSRN paper “An API-based Prudential Reporting System for the Bangko Sentral ng Pilipinas” documents the design and early implementation of an API-first approach to supervisory reporting. It addresses longstanding challenges in prudential data collection—manual processing, delayed submissions, and error-prone workflows—by enabling automated, machine-to-machine reporting from regulated entities to BSP.

Key contributions

• API-first reporting: Automated data submissions with standardized payloads and validations.
• Data quality at source: Built-in checks reduce rework and improve timeliness and accuracy.
• Operational efficiency: Faster processing and better auditability for supervisory teams.
• Scalable foundation: A platform approach for expanding to additional forms and use-cases.

Our perspective

We co-developed the API-based prudential reporting approach with BSP under the R²A program (now Cambridge SupTech Lab), emphasizing practical, production-grade suptech. The architecture and governance patterns documented in the paper have informed subsequent projects and remain a blueprint for modern supervisory data pipelines.

How to cite

Please refer to the SSRN page for the authoritative citation, author list, and most recent version of the paper.

References

• See the SSRN abstract page linked below for full details and access to the paper.