The ReportX System is an adaptive, cloud-based platform that ensures seamless processing of high data volumes providing an advanced technological, secure and cost-effective solution to brokers, banks, asset managers, hedge funds, corporates and other entities with respect to their regulatory reporting obligations. It provides an everyday toolkit to fulfil the daily operational tasks in every stage of the compliance process by covering the complete report lifecycle processing including the necessary TR communication message exchange and transformation.
The System is specifically designed to guarantee a high level of reporting accuracy and effectiveness with the use of advanced multilevel and multisource data validations and enrichment mechanisms.
The System is designed to work under a ﬂexible NoSQL data model and provides quick and seamless adaptation to the requirements of the changing regulatory and business landscape, by allowing combination of data from multiple sources, which does not require time consuming updates to the existing data in the system. The applied system architecture guarantees constant speed of the data processing in the entry point and immediate result fit for big data processing.
Submission to TR
The System provides user base management functionality with predefined but adjustable user roles, entitlements and multilevel restrictions which ensures flexible system for regulatory oversight.
The Front-end analytics dashboard is used to monitor reporting status and audit-trail of past reports and provide pure transparency of all submitted reports and regulatory messages.