The Federal Financial Institutions Examination Council (FFIEC) Call Report Agencies (FDIC, FRB, and OCC) have developed a new secure, shared database for collecting and managing quarterly Call Report data. The Central Data Repository (CDR) was implemented on October 2005.
The October 2005 implementation of the CDR marked a revolution in the way that Call Report data are collected, validated, managed, and distributed. Under this new system, institutions will file their Call Report data via the Internet using software that contains the FFIEC’s edits for validating Call Report data before submission. Using the internet for submission will eliminate paper-based meta-data materials (forms, instructions, validation criteria). Call Report software vendors have modified their software to incorporate edits that will help eliminate math and logical errors before processing. Quality edits will now require explanation.
The links in the FI section of the user guide will provide guidance on topics like enrollment, security, Vendor/FI affiliation, and data submission flow, editing and management. There are also instructions on how to download The FI Call facsimile which is the entire call report for a financial institution for a selected date. A glossary is included at the end.