ArcRegulatory is a comprehensive, cloud-based regulatory reporting platform developed by Donnelley Financial Solutions to assist financial institutions in managing complex compliance requirements across multiple jurisdictions. By automating data ingestion, validation, calculation, and report generation, ArcRegulatory streamlines the creation of compliant reports, ensuring accuracy and efficiency in regulatory filings.
Key Features and Functionality:
- Automated Regulatory Reporting: Utilizes pre-configured templates for various reporting frameworks, coupled with automated data validation and error checking, to minimize manual input and reduce errors.
- Multi-Jurisdictional Compliance: Supports diverse regulatory requirements, including SEC, ESMA, and MAS, with capabilities for currency and format conversions to accommodate international filings.
- Audit Trail Management: Maintains a complete version history with user access controls and change logging, ensuring transparency and accountability throughout the reporting process.
- Data Management: Simplifies handling large volumes of unique data sets, automatically enriching data within the application to reduce risk and overhead.
- Calculation Engine: Provides transparency into all calculation elements, simplifying data analysis tasks and processes through intuitive dashboards.
- Rules & Checks: Executes over 1,500 business rules on inbound data, calculated results, and final outputs to ensure consistency and accuracy across all reports.
- Production & Publishing: Supports multi-lingual production of regulatory documents, enabling efficient high-volume report generation.
- Distribution: Facilitates the distribution of approved documents to platforms and regulators with a single click, supporting configurable workflows to meet diverse distribution requirements.
Primary Value and Problem Solved:
ArcRegulatory addresses the challenges financial institutions face in managing complex and evolving regulatory reporting requirements. By automating and centralizing the reporting process, it reduces manual errors, ensures timely submissions, and mitigates compliance risks. The platform's flexibility allows it to adapt to various regulatory frameworks, providing a scalable solution that enhances operational efficiency and transparency. This comprehensive approach enables organizations to stay ahead of global regulations while driving efficiencies and maintaining compliance.