Fed Reporter
Fed Reporter, Inc. is an independent, employee-owned software company founded in 2009 that provides regulatory filing and compliance software to more than 3,600 U.S. financial institutions, including commercial banks, credit unions, and bank holding companies, through a suite of subscription-based products.
- Company typePrivate
- Founded2009
- HeadquartersAgoura Hills, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Fed Reporter does
Fed Reporter, Inc. is an independent, employee-owned software company founded in 2009 and headquartered in Agoura Hills, California, that provides regulatory filing software to U.S. financial institutions. The company serves commercial banks, credit unions, and bank holding companies with a product suite covering FFIEC Call Reports (SmartCall and variants), NCUA 5300 Call Reports (SmartCall-5300 Pro, DataLink CU), Federal Reserve holding company filings (SmartY9, SmartY9-SP), FDIC Summary of Deposits surveys (SmartSOD), CECL reserve calculations (SmartCECL), and interest rate risk reporting (BankersGPS). Fed Reporter reports serving more than 3,600 financial institutions and claims that more than 60% of U.S. banks use SmartCall to file Call Reports with the FDIC.
The platform is built on proprietary regulatory reporting software that integrates directly with the FFIEC Central Data Repository, FDIC Central Data Repository, Federal Reserve Reporting Central, and NCUA Credit Union Online, and uses data mapping tools (SmartExpress, SmartY9 Express) to ingest data from core banking systems. Differentiated features include an on-screen audit trail (SmartWindow), NCUA error/warning review paired with proprietary SmartEdits, automatic CECL reserve calculations using the WARM method, and an invitation-based partner program for core banking data processors. Fed Reporter has expanded its staff and capabilities through two strategic acquisitions: the Jack Henry & Associates Regulatory Filing Group in 2017 and the FIS Regulatory Reporting Group in 2023, giving it the largest dedicated regulatory reporting staff in the industry.
Fed Reporter operates a sales-led, subscription-based B2B model with annual billing and pricing disclosed only via direct sales inquiry and 'Request a Demo' CTAs. The company has 11-50 employees, no disclosed funding rounds, no parent company, and is not venture capital or private equity backed. Customer acquisition combines direct sales engagement with referral flow through strategic partnerships with core banking data processors (CSI, COCC, Fiserv, MDT, IBT Apps, DCI, Money Bank Systems). Product expansion has been the primary growth lever, with new modules extending the suite into CECL, Basel III capital schedules, and credit-union-specific NCUA workflows.
Fed Reporter firmographics
Firmographics- Name
- Fed Reporter
- Legal name
- Fed Reporter, Inc.
- Website
- https://fedreporter.net
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Fed Reporter, Inc. is an independent, employee-owned software company founded in 2009 that provides regulatory filing and compliance software to more than 3,600 U.S. financial institutions, including commercial banks, credit unions, and bank holding companies, through a suite of subscription-based products.
- Ownership category
- akta.pro rank
Fed Reporter industry classification
Industry- Product category
- Banking Regulatory Compliance Software
- akta.pro primary industry
- Regulatory Reporting & Submissions Automation (FSAFAOAA)
Keywords
Where Fed Reporter is headquartered
LocationHeadquarters
- HQ city
- Agoura Hills
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Fed Reporter business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Regulatory Reporting Software Licenses: Fed Reporter generates revenue through licensing its suite of regulatory reporting software products (SmartCall, SmartY9, SmartExpress, SmartSOD, SmartCECL, BankersGPS, SmartCall-5300 Pro, DataLink CU) to financial institutions including banks, credit unions, and holding companies. The company offers both standalone products and integrated solutions, with pricing provided through sales contact rather than public pricing pages.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | B2B enterprise pricing via sales inquiry only |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels5 records
Fed Reporter product offering
Product offeringCore offering
Fed Reporter develops and sells proprietary regulatory reporting software for U.S. financial institutions, including FFIEC Call Report software for commercial banks (SmartCall), NCUA 5300 Call Reports for credit unions (SmartCall-5300 Pro), Federal Reserve holding company filings (SmartY9), FDIC Summary of Deposits surveys (SmartSOD), and CECL reserve calculations (SmartCECL). The platform integrates directly with core banking data processing systems and the central data repositories of the FFIEC, FDIC, Federal Reserve, and NCUA to automate data mapping, edit validation, and electronic filing.
Product overview
Fed Reporter offers a comprehensive suite of regulatory filing products for financial institutions, consisting of multiple integrated modules that address different reporting requirements. The core portfolio includes SmartCall (FFIEC Call Report software for banks), SmartCall-5300 Pro (NCUA 5300 Call Report for credit unions), SmartY9/SmartY9-SP (Federal Reserve holding company filings), SmartSOD (FDIC Summary of Deposits), and SmartCECL (CECL reserve calculations). Supporting tools include SmartExpress (data mapping/import), DataLink CU (credit union core system interfacing), BankersGPS (interest rate risk management), and specialized modules like SmartRCR Basel III for automated capital schedule completion. The products share data import capabilities, edit check functionality, and regulatory reporting validation, allowing institutions to use multiple products within the suite for comprehensive compliance coverage.
Differentiator
Problem solved
Functional benefit
Brands
- SmartCall: FFIEC-certified Call Report software that synchronizes with the FFIEC's Central Data Repository for streamlined bank reporting.
- SmartCECL
- SmartY9
- SmartExpress
- SmartSOD
- BankersGPS
- SmartCall-5300 Pro
- DataLink CU
Products and services
- SmartCall FFIEC-certified Call Report software that synchronizes with the FFIEC Central Data Repository and displays only the line items required for a specific bank. Used by more than 60% of all U.S. banks to submit their Call Report to the FDIC.
- SmartExpress Data mapping and import tool that integrates with Core Processing systems to streamline FFIEC Call Report preparation by importing and mapping data directly to report schedules.
- SmartSOD Automated tool for completing the annual FDIC Summary of Deposits survey, with automatic download and synchronization of bank deposits and branch data from the FDIC Central Data Repository.
- SmartY9 / SmartY9-SP Holding company regulatory filing solution for FR Y-9C, FR Y-9LP, FR Y-9SP, FR Y-11 and FR Y-11S reports, with consolidated data organization and electronic filing to the Federal Reserve Reporting Central website.
- BankersGPS Interest rate risk management and liquidity compliance reporting tool that generates narrative reports for risk analysis, ALCO discussions, and examiner reviews.
- SmartCECL-CR Current Expected Credit Loss (CECL) reserve calculation software using the WARM (Weighted Average Remaining Maturity) method, designed for institutions with simpler loan portfolios using FFIEC Call Report segmentation, with peer data automatically updated by Fed Reporter.
- SmartCall-5300 Pro NCUA 5300 Call Report software for credit unions that streamlines quarterly filing through automated setup, historical data auto-population, NCUA Errors/Warnings review, Fed Reporter proprietary SmartEdits validation, and direct submission to the NCUA CU Online platform.
- DataLink CU Standalone regulatory interfacing software for credit unions that maps core system data files to NCUA 5300 Call Report line items, with specific support for Symitar Episys and Cruise core systems; offered as a companion product to SmartCall-5300 Pro.
Quantifiable outcome
- More than 60% of all banks in the U.S. use SmartCall to submit their Call Report to the FDIC
- +2 more outcomes
Companies that use Fed Reporter
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
Fed Reporter technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature7 records
Fed Reporter partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core.
- CSI (Credit Solutions Inc.)coreListed as a Strategic Partnership on the Fed Reporter website. CSI is a core banking data processing company whose clients benefit from Fed Reporter's regulatory filing integration capabilities.
- COCCcoreListed as a Strategic Partnership on the Fed Reporter website. COCC provides core banking technology solutions to financial institutions.
- FiservcoreListed as a Strategic Partnership on the Fed Reporter website. Fiserv is a major financial technology company providing core banking processing solutions.
- MDT (Mid America Data Technologies)coreListed as a Strategic Partnership on the Fed Reporter website. MDT provides data processing solutions for financial institutions.
- IBT AppscoreListed as a Strategic Partnership on the Fed Reporter website. IBT Apps provides banking technology solutions and applications.
- DCIcoreListed as a Strategic Partnership on the Fed Reporter website. DCI provides core data processing solutions for community banks and credit unions.
- Money Bank SystemscoreListed as a Strategic Partnership on the Fed Reporter website. Money Bank Systems provides banking software and data processing solutions.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Fed Reporter competitors and assessment
Company assessmentDirect peers
- Wolters Kluwer (OneSumX for Regulatory Reporting): Wolters Kluwer's OneSumX is a leading regulatory reporting platform for global banks, directly competing with Fed Reporter's SmartCall and SmartY9 in areas like Basel III, liquidity, and capital adequacy reporting. Comparable in customer segment (large and mid-size banks) and product category (regulatory compliance software).
- AxiomSL: AxiomSL provides risk and regulatory reporting solutions for financial institutions, including capital, liquidity, and transaction reporting. It directly competes with Fed Reporter in the bank regulatory reporting space, particularly for FR Y-9, Call Report, and Basel III deliverables.
- Vermeg (formerly Lombard Risk): Vermeg's regulatory reporting platform (inherited from Lombard Risk) is used by global banks for COREP, FINREP, and Basel reporting. It competes head-to-head with Fed Reporter's SmartCall, SmartRCR Basel III, and SmartY9 in regulatory data aggregation and submission workflows.
- Oracle Financial Services Regulatory Reporting (OFS): Oracle's OFS Regulatory Reporting suite serves large banks with capital adequacy, liquidity, and reporting workflows. It overlaps with Fed Reporter's SmartY9 and SmartRCR Basel III offerings and competes for the same holding company and large bank regulatory reporting budget.
- Moody's Analytics (Banking RegTech): Moody's Analytics offers regulatory reporting and capital calculation solutions for banks and insurance companies, including CECL, Basel III, and CCAR workflows. It competes with Fed Reporter's SmartCECL and SmartRCR Basel III modules and targets a similar bank/credit union customer base.
Broad incumbents
- SAS Institute (Regulatory Risk): SAS provides broad risk and regulatory analytics platforms used by large banks for stress testing, CECL, and Basel reporting. While not a specialist in U.S. community bank Call Reports, it overlaps with Fed Reporter's analytics-heavy offerings like BankersGPS and SmartCECL in larger institutions.
- FIS Regulatory Reporting: FIS divested its Regulatory Reporting Group to Fed Reporter in 2023 but retains broader banking software and core processing capabilities. It is a comparable incumbent in that it historically sold directly competitive regulatory reporting software, and its remaining banking footprint overlaps with Fed Reporter's customer base.
- S&P Global Market Intelligence: S&P Global Market Intelligence provides regulatory reporting and bank data solutions as part of a broader financial data and analytics portfolio. It competes indirectly with Fed Reporter for regulatory reporting budgets at larger banks and bank holding companies.
Emerging players
- Workiva: Workiva is a cloud-based regulatory and financial reporting platform that increasingly targets banks and credit unions for SEC, FDIC, and SOX reporting workflows. While more SEC-focused today, it represents a credible cloud-native competitor entering Fed Reporter's regulatory reporting space.
- Newgen Software: Newgen Software provides content management and process automation with regulatory compliance use cases for banks and insurers. It is an adjacent emerging player that overlaps with Fed Reporter in digitizing regulatory workflows for financial institutions, particularly for documentation and audit trails.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Fed Reporter social profiles
Digital presenceFed Reporter financial estimates
Financial estimateRevenue estimate
Valuation estimate
Fed Reporter leadership team
Management profileNumber of profiles
Profiles1 record
Fed Reporter funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Fed Reporter M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Fed Reporter
What does Fed Reporter do?
Fed Reporter develops and sells proprietary regulatory reporting software for U.S. financial institutions, including FFIEC Call Report software for commercial banks (SmartCall), NCUA 5300 Call Reports for credit unions (SmartCall-5300 Pro), Federal Reserve holding company filings (SmartY9), FDIC Summary of Deposits surveys (SmartSOD), and CECL reserve calculations (SmartCECL). The platform integrates directly with core banking data processing systems and the central data repositories of the FFIEC, FDIC, Federal Reserve, and NCUA to automate data mapping, edit validation, and electronic filing.
Is Fed Reporter a public or private company?
Fed Reporter is a private company. It is classified as management employee owned and is currently operating.
When was Fed Reporter founded?
Fed Reporter was founded in 2009. It employs 11 to 50 people.
Where is Fed Reporter based?
Fed Reporter is headquartered in Agoura Hills, United States, in the North America region.
How does Fed Reporter make money?
One revenue line is on record: regulatory Reporting Software Licenses.
Who are Fed Reporter's main competitors?
Direct peers on record are Wolters Kluwer (OneSumX for Regulatory Reporting), AxiomSL, Vermeg (formerly Lombard Risk), Oracle Financial Services Regulatory Reporting (OFS) and Moody's Analytics (Banking RegTech). Broad incumbents are SAS Institute (Regulatory Risk), FIS Regulatory Reporting and S&P Global Market Intelligence. Emerging players are Workiva and Newgen Software.
Does Fed Reporter have an API?
No public API is recorded for Fed Reporter.
What industry is Fed Reporter in?
Fed Reporter's product category is Banking Regulatory Compliance Software. Its primary akta.pro industry code is FSAFAOAA, Regulatory Reporting & Submissions Automation.