RFH Financial Consolidation

RFH Financial Consolidation is the dedicated solution for the group close process in Regnology Finance Hub (RFH).

It automates the entire journey—from easy data ingestion to final reporting— automating financial, prudential, and management consolidation across IFRS, GAAP and Basel frameworks. It centralizes all consolidation use cases, eliminating fragmented processes with consistent rules, audit trails, and multi‑level controls across the close, from entity preparation to group close.

The result is a unified workflow that delivers trusted, audit-ready financial and regulatory outputs with greater speed and accuracy.

Key benefits

Centralized financial data

Unify all consolidation use cases using shared rules, hierarchies, and standards.

Accelerated period close

Automate adjustments, eliminations, journals, and reconciliations to shorten the close cycle and reduce manual effort.

Trusted, auditable numbers

Full audit trails, lifecycle management, and drilldowns ensure transparency and confidence from entity to group.

Lower operational risk

Reduce key-man risk and spreadsheet dependency with governed workflows, standardized rules, and full audit trails across close and consolidation.

Fewer handoffs, fewer systems 

Minimize dependencies and eliminate handoffs between finance and reporting by centralizing consolidation outputs in a single, governed system of record. 

Risk-ready outputs 

Validated consolidated balances feed directly to regulatory reporting and risk calculation engines.

Key features

Drag‑and‑drop hierarchy management

Create flexible, reusable consolidation hierarchies across multiple dimensions without duplicating entity data.

Consolidation engine

Automate eliminations, ownership calculations, investment logic, dividends, and lifecycle events like acquisitions or disposals.

Intragroup matching & reconciliation

Detect mismatches, drill into granular balances, and generate suggested corrections for faster reconciliation.

Derivation & chart‑of‑account alignment

Map solo entity charts to the group chart of accounts (CoA) using rules‑based derivations to ensure consistency and eliminate duplication.

Currency translation

Support transaction, local, and reporting currency translation across all consolidation levels and hierarchies.

Scenario & ownership modelling

Simulate corporate events, such as acquisitions, disposals, or ownership changes, to understand their structural impact.

Regnology Risk Hub

A unified, granular risk management platform delivering accuracy, transparency and control.

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Regnology Finance Hub

A unified finance platform delivering trusted data, automated workflows and real-time insight.

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Related resources

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The CFO’s Guide: Finance transformation for banks

The why, what, and how of modernizing the Finance function, from eliminating manual processes to enabling predictive analytics.

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Building the future of finance with Regnology Finance Hub

How a leading European Bank transformed its Finance function to align data and accounting.

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Regnology Finance Hub: The Blueprint for modern finance

How a leading commercial bank built a foundation for growth through its finance transformation program.

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