Home » Articles » Finance

Setrega is a global regulatory analytical platform.

Setrega is a global regulatory analytical platform.
"""Setrega is a Global Regulatory Analytical Platform that provides financial institutions with a comprehensive solution for complying with one or more Regulatory Authorities. Setrega assists clients in configuring Reporting Data, Reporting API, Connecting/Integrating Settings, Report Generation Requirements, Report Validation Requirements, Report Submission Mode, and Feedback Management through highly customizable and end-to-end automation. Setrega, as a Global Regulatory Analytical Platform, is intended to integrate with any financial services firm in order to receive regulatory data and process it into regulatory reports in specific formats with minimal customization effort.

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.

"""
 

Please support us in writing articles like this by sharing this post

Share this post to your Facebook, Twitter, Blog, or any social media site. In this way, we will be motivated to write articles you like.

--- NOTICE ---
Please credit our website (https://bankingfinancetips.com) if you want to use this article or any of the content of this website, and mention the source link (URL) of the content, images, videos or other media of our website.

"Setrega is a global regulatory analytical platform." was written by Mark under the Finance category. It has been read 110 times and generated 0 comments. The article was created on and updated on 13 January 2023.
Rating: 0.0/0
Name *:
Email *:
Check the box *:
Total comments : 0