All financial institutions are currently dealing with issues such as dynamic changes in regulatory requirements, implementation risks associated with regulatory reporting, and managing regulatory report error handling. All financial institutions must adapt to these challenges and continually seek cost-effective and accurate solutions with real-time feedback management. Sensiple's Setrega fits into this emerging environment by providing an end-to-end automated solution to multiple Regulatory Authorities.
Regulation Obtained Preconfigured - ESMA - MIFIR/MiFID II, Singapore Monetary Authority (MAS), Colombia Superintendencia Financiera (SFC), etc.
The following are significant advantages of the Global Regulatory Analytical Platform:
Capability for Automation
Financial institutions benefit from the ease of preparing and submitting regulatory reports.
Risk-free compliance with new regulations
Setrega offers flexible data source configuration, API mapping, and reporting format changes with minimal product customization, ensuring relief from regulatory and compliance risks for financial institutions operating in multiple regions.
Scalability
Setrega is scalable in terms of increasing the number of connections, the massive volume of data, the number of reports and formats, the number of submission modes, and regulatory authorities, depending on the institution type, such as Buy Side/Sell Side/venues.
Transparency
Handling a large volume of data presents challenges in data management and auditing; Setrega makes it more accessible by granting clients full control over data via a powerful data transparency method.
Dashboard
Setrega serves as a one-stop shop for financial institutions' regulatory reporting needs. Setrega's vastly informative dashboard displays all historical, current, and scheduled regulatory reports, as well as internal and external statuses, in graphical and tabular formats.
Coverage on a regional scale
Setrega benefits financial firms that conduct business around the world by providing a single solution that addresses all regulatory and compliance requirements. It has been successfully verified with major regulatory frameworks such as MiFID II and the NFA (National Futures Association), as well as regulatory authorities such as the SEC and SFC.
For more information, please contact us at marketing@sensiple.com.
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