AGENT 11 / 50 · REPORTING & GOVERNANCE

FP&A Reporting Agent

Turns budget vs. actual data into a variance report the moment the period closes — flagging what moved, by how much, and whether it needs board attention.

READS FROMiUL ledger, budget module

MCP SERVERCore Banking Server

MODELRouted to reasoning-tier open model

HANDS OFF TOManagement Reporting Agent, Board Pack Builder

RUN THE AGENT

Set the period numbers, generate the variance report

This is a live working demo of what the agent produces — adjust budget and actuals and it recalculates variances, flags and the report instantly.

ASSUMPTIONS

Budgeted revenue 2000000

Actual revenue 1850000

Budgeted opex 1200000

Actual opex 1310000

Flag threshold 8%

-7.5%

Revenue variance

+9.2%

Opex variance

-£260K

Net variance vs budget

2 FLAGS

Lines outside threshold

Line (£000s)

HOW IT WORKS

What the agent actually does

1. Pull budget & actuals	Reads the approved period budget and posted actuals from the iUL ledger via the Core Banking MCP server
2. Calculate variance	Computes £ and % variance for every revenue and cost line, versus budget and versus prior period
3. Flag exceptions	Applies the materiality threshold to highlight lines that need explanation before they reach the board
4. Hand off	Passes the flagged variance report to the Management Reporting Agent and Board Pack Builder