FDIC 370 Reporting Solution

End-to-end automated software solution delivers an integrated view of the entire deposit base and satisfies FDIC 370 requirements and response times

Regulatory Requirements

On 24 hours’ notice, deliver a detailed view of the deposit base, including depositors, customers, and beneficiaries across all deposit systems and third-party managed accounts in four mandated FDIC Part 370 tables:

  • Information for deposit accounts held directly or via a third party
  • Accounts missing critical elements required for insurance calculations

  • One entry for each customer across the deposit base
  • Information on all account beneficiaries, participants, official custodians, etc.

Learn more about AxiomSL’s FDIC Part 370 solution

AxiomSL’s FDIC Part 370 Software Solution

Provides financial institutions with an integrated view of all deposits across account types and systems satisfying FDIC 370

Implemented by more than
35% of covered institutions

Required control, summary, reconciliation reports

Standardized data attributes

Cloud or on-premises deployment

Four FDIC Part 370 output files

Running on the ControllerView® data integrity and control platform

Solution Functionalities

Robust Data Dictionary Architecture

The extensible CustomerView data dictionary identifies all relationships with respect to deposit insurance; provides early warning of missing data elements

Click image for full size

AxiomSL's FDIC part 370 - Data Dictionary

Precision Insurance Coverage Calculation

Algorithm calculates insured and uninsured amounts for each customer at the ownership rights and capacity (ORC) level

Click image for full size

AxiomSL's FDIC Part 370 - Calculation Algorithm

Continuous Improvement of Pending File

Pending table identifies accounts missing critical elements. Edit checks include pending reason, ORC, and product category

Click image for full size

AxiomSL's FDIC Part 370 - Pending Tables

Enterprise View Reports

Summary reports deliver insight into account types, deposits, and insurance coverage

Click image for full size

AxiomSL's FDIC Part 370 - Reports

Business Intelligence on the Deposit Base

Historical reports deliver insights that extend beyond FDIC Part 370 core requirements

Click image for full size

AxiomSL's FDIC Part 370 - Analytics

Solution Features


On a T+1 stance, the solution ensures covered institutions can respond on 24 hours’ notice delivering the four FDIC-required output files: Customer, Account, Account Participant, Pending.


The CustomerView extensible data dictionary architecture for Part 370 enables the institution’s deposits, customers, and accounts data to conform to FDIC expectations and be correctly classified into the 16 ownership, rights and capacity (ORC) types.


Informative analytics and reports provide insight into the covered institution’s entire deposit base, producing the required control, summary and reconciliation reports, and enabling the firm to monitor the pending file.


The insurance calculation algorithm determines coverage at the ORC level.


Reports and dashboards enable the covered institutions to easily manage the attestation process.


The solution facilitates reconciliation to related regulatory reports.

Key Benefits

Delivers an end-to-end, holistic, transparent solution providing a complete, auditable view of deposits and records

Automates the processing of all FDIC 370 required outputs with a T+1 delivery

Enables institutions to successfully satisfy all FDIC 370 requirements

Seamlessly ingests depository information from the covered institution’s source systems into a standardized data model

Incorporates classification rules and insurance coverage calculation algorithm out-of-the-box

Provides deep insight into the enterprise daily deposit book facilitating exposure risk management and informing strategic decision making

Related Insights

Important Considerations for FDIC Part 370

Are we able to correctly classify the entire deposit base per ORC categories?

Can we verify that our deposit accounts include all required information?

Can we properly handle iterative processing in a failure scenario to ensure insurance is accurately paid out over time?

Can we demonstrate that we are incrementally and continually whittling down non-compliant items in the pending file?

Have we determined the data we need to calculate insured and uninsured amounts?

Are we prepared to attest to our readiness to respond?

FDIC Part 370

Deposits-Customers-Accounts: An Integrated Solution For Regulatory Monitoring and Reporting

Connect with AxiomSL

Speak with a Sales Representative

We use cookies in order to give you the best possible experience on our website. By continuing to use this site, you agree to our use of cookies.