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    Involvement in the Initiative

    The Federal Deposit Insurance Corporation (FDIC), the Federal Reserve Board (FRB), and the Office of the Comptroller of the Currency (OCC) are three of the Federal Financial Institutions Examination Council (FFIEC) Agencies. Under the guidance of the FFIEC Reports Task Force, these three agencies (Call Report Agencies) formed a steering committee to collectively manage the development and operation of the Central Data Repository (CDR). The CDR is a centralized resource for users and providers of the financial institution data. It is expected to facilitate a more-efficient regulatory reporting process by enhancing the methods used to collect, validate, process, and distribute Call Report data.

    The CDR Steering Committee has created working groups to facilitate communication with a range of data providers and data users, including depository institutions, Call Report software vendors, Agency staff, other banking regulators, XBRL developers, and the public.

    The construction and operation of the CDR entail the use of new and innovative technologies. The CDR Steering Committee has devised a series of tests to ensure that the CDR is compatible with existing stakeholders' systems and that it fully meets the demands of the financial industry for more timely, accurate, and usable information.

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