Under the sponsorship of the FFIEC, the banking agencies are developing a central data repository to be a shared resource for all those who provide Call Report data or rely on these data in their business.
A primary goal of the project is to allow for faster validation of the Call Report data, which will ultimately allow for faster release of these data to the public. This project has been under way for a couple of years now and is scheduled to go “live” in September 2004.