Regulatory Reporting for the Mortgage Industry

Customer: Leading GSE in the Mortgage Industry
Project: Regulatory Reporting


Customer Profile

This customer is a public government-sponsored entity chartered by the US Congress in 1970 to stabilize the nation’s residential mortgage markets and expand opportunities for home ownership and rentals. This company participates in the secondary mortgage market by buying and selling mortgages in the form of loans and mortgage-related securities.

Business Goals & Benefits

Faced with a fast-approaching deadline to meet new federal regulatory reporting requirements, this company turned to Southport to deliver a MicroStrategy-based reporting solution that would integrate extremely large volumes of loan-level detail from eight disparate data sources and satisfy regulatory reporting requirements. Failure to provide an accurate, SOX-compliant reporting solution before the government-mandated deadline would expose the company to millions of dollars in potential fines.

Southport’s Role

Southport was engaged to manage and staff the entire engagement. The Southport team was responsible for managing all aspects of the project – from requirements definition to design, development, testing and deployment into a scalable production environment.

Southport leveraged their ACTIVEDesign methodology to accelerate the project delivery timeline to meet the tight deadlines. By taking advantage of their Business Intelligence Project Management Framework (BIPMF), which is aligned to the Project Management Book of Knowledge (PMBOK guide) as endorsed by the Project Management Institute, Southport was able to provide templates and accelerators to support the project management effort, while easily integrating with existing customer processes.

Scope of Southport Engagement

  • BI Project & Program Management
  • BI Application & Report Development
  • BI Application Performance Optimization
  • BI Testing Services

Learn more about Southport’s Business Intelligence Service Offerings.