Abstract: A method and system for producing advanced management information system information includes, for example, reading one or more transaction journal logs stored in a database for one or more financial institution applications, such as an account information application, a bill payment application, a transfer application, a customer service channel report application, and/or a standards compliance application, written in a pre-defined binary format to isolate a transaction message in a message buffer. The message contents are parsed out and written out into a flat-text file of Structured Query Language (SQL) records into an output file loadable into a database re-using at least one Visual Basic (VB) class used for creating the transaction journal log. The output file is stored, for example, in a relational database management system and can be used to produce various types of reports, including a number of standard reports.