An API-based Prudential Reporting System for the Bangko Sentral ng Pilipinas (BSP): R2A Project Retrospective and Lessons Learned

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An API-based Prudential Reporting System for the Bangko Sentral ng Pilipinas (BSP): R2A Project Retrospective and Lessons Learned

The Bangko Sentral ng Pilipinas (the Philippines Central Bank, or BSP) Supervisory Data Center (SDC) was receiving incomplete, late, and inconsistent reports from the supervised financial institutions. Data cleaning and validation was consuming significant resources. The process was primarily manual and highly resource-intensive.

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