The Federal Financial Institutions Examination Council (FFIEC) Call Report Agencies (FDIC, FRB, and OCC) collaborated to develop a secure, shared database for collecting and managing Call Report data. The Central Data Repository (the CDR), was implemented on October 1, 2005.
What is the Central Data Repository?
Comprehensive
database for storing and managing Call Report data from more
than 8,000 reporting entities
Integrated metadata repository that contains the rules, calculations, edits, and instructions for every Call Report quarter (beginning with the report date of March 2001)
Web
services portal with access for financial institutions, Agency
personnel, Call
Report software vendors, and other parties
How was the CDR developed?
The CDR implementation plan was developed in cooperation with industry representatives including software vendors, trade associations, and a number of banks from across the country that participated in the Financial Institutions Focus Group for the CDR initiative. The plan ensured a smooth integration of the new technology into the Call Reporting process.
