{"id":16693,"date":"2026-10-21T07:40:17","date_gmt":"2026-10-21T07:40:17","guid":{"rendered":"https:\/\/outsourcing-today.ro\/?p=16693"},"modified":"2026-10-21T07:40:18","modified_gmt":"2026-10-21T07:40:18","slug":"new-business-dimensions-launches-r-cube-the-platform-that-can-reduce-reporting-effort-in-financial-institutions-by-up-to-60","status":"publish","type":"post","link":"https:\/\/outsourcing-today.ro\/?p=16693","title":{"rendered":"New Business Dimensions launches R-CUBE, the platform that can reduce reporting effort in financial institutions by up to 60%"},"content":{"rendered":"\n

New Business Dimensions (NBD), a Romanian company specialized in software solutions for the financial and banking sector,<\/strong> announces the launch of R-CUBE, the new generation of its enterprise reporting platform (RegTech). Compared to BIND, the previous generation developed by NBD, R-CUBE can reduce the operational effort associated with reporting processes by up to 60% and the time required to generate reports by up to 80%. The platform automates the entire flow, from data integration and processing to report generation, approval, signing and archiving.<\/p>\n\n\n\n

Regulatory reporting is a significant financial and operational burden for European banks, which allocate IT resources and thousands of man-hours to data collection, reconciliation and validation. In a study published in 2021, the European Banking Authority (EBA) estimated that a broader package of measures, which includes simplifying requirements, integrating data and using modern technologies, including RegTech solutions, could reduce reporting costs by 15\u201324%.<\/p>\n\n\n\n

The launch of R-CUBE is in line with this direction, providing financial institutions with a unified platform for automating regulatory and business reporting, reducing manual interventions, and improving control over data.<\/p>\n\n\n\n

R-CUBE automates the entire reporting process, from data integration to report archiving<\/strong><\/p>\n\n\n\n

R-CUBE integrates over 15 years of experience gained by New Business Dimensions in reporting projects for some of the most important banks in Romania.<\/p>\n\n\n\n

The platform uses advanced data warehousing technologies to collect, cleanse, reconcile and process data from multiple information systems. The automation of ETL (Extract, Transform, Load) flows allows information to be consolidated and reports to be generated in a unified process, reducing dependence on manual operations and the risk of error.<\/p>\n\n\n\n

R-CUBE clearly differentiates responsibilities in the process by monitoring execution, verifying data, approving changes, signing and archiving documents.<\/p>\n\n\n\n

The platform ensures complete traceability of operations, and drill-down functionalities allow users to investigate the results of reports down to the level of the data and parameters that generated them.<\/p>\n\n\n\n

R-CUBE supports the reporting requirements of financial institutions to authorities such as the NBR, EBA and ANAF, providing flexibility in adapting to changes in the regulatory framework. Security is integrated into the platform’s architecture, which can be deployed on-premises, in the cloud or in hybrid configurations and can use Microsoft and Oracle enterprise technologies.<\/p>\n\n\n\n

By automating repetitive processes and standardizing workflows, R-CUBE helps reduce operational costs, compliance risks, and reporting time, even during busy periods.<\/p>\n\n\n\n

R-CUBE EYE: over 7,500 validation rules and 258,000 data links<\/strong><\/p>\n\n\n\n

The platform can be expanded with R-CUBE EYE, a specialized intelligent validation engine, which accelerates the identification of inconsistencies and the verification of the correctness of the reported information.<\/p>\n\n\n\n

R-CUBE EYE integrates the EBA DPM 2.0 standard, which includes 7,557 validation rules, 258,758 data links and more than 5,000 correlations, covering 50 reporting groups and more than 560 interdependent reports.<\/p>\n\n\n\n

The extension allows you to automatically check and validate the consistency of the data, identify errors and propose applicable corrections. They are subject to user approval, in a Human-in-the-Loop mechanism, which combines the speed of automation with human supervision.<\/p>\n\n\n\n

By using R-CUBE EYE, validation operations that previously required hours of work can be executed in seconds, depending on the complexity and volume of the data. Automating checks helps reduce manual errors by up to 90% and reduce the risk of reporting rejection.<\/p>\n\n\n\n

“R-CUBE integrates over 15 years of experience in financial and banking reporting and the most modern enterprise technologies. The current complexity of regulations makes it increasingly difficult to effectively manage reporting without advanced automation. We have developed a flexible platform that covers the entire reporting process, from data integration to archiving, and which we complement with specialized tools, such as R-CUBE EYE, for automatic validation and identification of inconsistencies. Our goal is to radically reduce the time and resources consumed for reporting and to turn this process from a costly obligation into a source of valuable information for the business”, says Emanuel Oan\u0103, CEO, New Business Dimensions.<\/strong><\/span><\/p>\n\n\n\n

From compliance obligation to support for business decisions<\/strong><\/p>\n\n\n\n

Beyond automating regulatory reporting, R-CUBE works as an orchestrator of data flows in financial institutions. The platform allows the reuse of collected and validated information for management reporting, financial analysis, risk assessment and simulation of alternative scenarios.<\/p>\n\n\n\n

This approach allows investments to be leveraged to meet compliance requirements and creates a consistent, governed and verified database that can also support the further development of advanced analytics and artificial intelligence applications.<\/p>\n\n\n\n

By automating repetitive operations, reducing errors and reusing data, R-CUBE can streamline the work of financial institutions. In the context of the optimization opportunity<\/p>\n\n\n\n

highlighted by the EBA at the level of the financial and banking sector, the platform offers an integrated approach to reduce the costs and complexity of reporting processes.<\/p>\n\n\n\n

About New Business Dimensions:<\/strong><\/p>\n\n\n\n

New Business Dimensions (NBD) is a Romanian technology company, with over 15 years of experience in developing and implementing data management, regulatory reporting, business intelligence and analytics solutions. With a solid expertise in the financial and banking sector, NBD supports organizations in automating complex processes and leveraging data for reporting, analysis and business decisions, using modern cloud, data & AI technologies. <\/p>\n","protected":false},"excerpt":{"rendered":"

New Business Dimensions (NBD), a Romanian company specialized in software solutions for the financial and banking sector, announces the launch of R-CUBE, the new generation of its enterprise reporting platform (RegTech). Compared to BIND, the previous generation developed by NBD, […]<\/p>\n","protected":false},"author":2,"featured_media":16695,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[19,12,6,3,5,17,317],"tags":[1338],"_links":{"self":[{"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=\/wp\/v2\/posts\/16693"}],"collection":[{"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16693"}],"version-history":[{"count":1,"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=\/wp\/v2\/posts\/16693\/revisions"}],"predecessor-version":[{"id":16696,"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=\/wp\/v2\/posts\/16693\/revisions\/16696"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=\/wp\/v2\/media\/16695"}],"wp:attachment":[{"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16693"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16693"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16693"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}