Regulatory Reporting
Regulatory reporting has become increasingly complex for financial institutions as they navigate a rapidly evolving regulatory landscape. Regulators are intensifying oversight to enhance transparency in financial markets, with initiatives such as the EMIR Refit and MiFID II, etc. , that are emphasizing greater accuracy, completeness, and timeliness in reported data while also accelerating reporting timelines.
The rising costs of compliance, coupled with the need for transparency and real-time monitoring, place significant pressure on institutions to modernize their reporting frameworks.
Challenges
The dynamic nature of regulations, with frequent updates and new mandates, requires banks and financial institutions to adapt quickly.
Data is stored across multiple repositories in various formats, making it difficult to ensure completeness, consistency, and transparency in regulatory submissions.
The financial burden of maintaining compliance has escalated, with firms investing heavily in regulatory reporting software and resources. Failure to meet reporting obligations can result in heavy fines, legal penalties, and reputational damage.
Improve Your Regulatory Reporting Process
Our next-generation data enablement platform can easily collect, combine and enrich data from your systems, run bespoke checks and validations and automatically produce the data for regulatory reporting purposes.
It removes the risk of manual, spreadsheet-based form preparation and robust audit trails and version control.
Gain the ‘single source of truth’
Validata enables banks and financial institutions to get a clear, unified view of all their regulatory requirements, necessary actions, and compliance insights. This helps them stay in control, ensuring they meet regulations while safeguarding their reputation and revenue.
Game-Changing Features
Gain efficiency, automation, and speed to meet reporting demands
Our platform ensures data accuracy, consistency, and compliance with EMIR, MiFID, and other regulatory frameworks, by validating, reconciling, and enriching information at every stage of the process. By automating compliance tasks and reducing manual processes, we can achieve greater operational efficiency and lower costs for your business.
Seamlessly connect and integrate data without the need for complex data transformations or manual mapping, and ensure regulatory compliance without disrupting your core operations.
Integration with SWIFT, enables financial institutions to onboard new operational controls quickly and efficiently, regardless of data format. This ensures compliance teams can process, validate, and reconcile trade and transaction data across various reporting regimes without the need for extensive system modifications.
The platform delivers real-time transaction matching at scale, enabling financial institutions to identify and resolve discrepancies instantly. By continuously validating and reconciling trade and transaction data, it ensures that reporting obligations remain accurate, complete, and compliant with evolving regulatory standards.
BENEFITS
Make your regulatory reporting more scalable, repeatable, and secure
We ensure precise and timely regulatory submissions by automating validation, reconciliation, and reporting processes.
Gain full visibility and control by centralizing data, rules, and integrations, ensuring high-quality reporting and compliance.
By automating the collection and preparation of your data, you free your teams for more valuable work.
Scale processes as your business grows and easily adapt to changes.
