The Regulatory Technology Platform
Radically transforming the financial industry’s approach
to regulatory compliance
Our Clients & Partners
Solution
Solution
The regulatory compliance paradox
The aggregated cost of regulatory compliance across the financial industry is reaching $80BN globally. And yet compliance related risks remain at all-time highs.
Why is that?
Sure enough, new regulations introduced after the 2008 financial crisis require firms to collect, aggregate and report unprecedented amounts of data, and integrate complex rules into their business workflows. And yes, these rules are open to diverging interpretations and not always harmonised globally.
But at the root of the paradox is the industry’s extreme state of technology fragmentation: often within a single organisation, the same data is represented in many different ways through multiple systems.
This results in highly complex regulatory implementations that have escalated into uncontrolled costs, still without guarantee of compliance: how do you prove adherence to a rule, when the logic is buried deep into a maze of disparate systems? This opacity also challenges regulators’ supervisory mandate and damages market transparency.
Our solution
Our solution is a revolutionary platform that does more than just help your firm comply: it enforces compliance programmatically at every step of the process.
Programmatic Compliance
REGnosys’ solution is a cohesive platform that embeds complex rules as transparent, executable logic, packaged into a cloud-based software that directly plugs into your organisation’s workflows. Your compliance implementation becomes auditable, traceable and programmatically tied to the rules, from input to output.
From the rules as drafted, to the rules as executed, in a clear and simple way: this, is Programmatic Compliance.
This scalable compliance solution dramatically cuts the costs and risk of having to support your own complex implementation.
Fragmentation
Complexity
Transparency
Cohesiveness
Fragmentation
Complexity
Cohesiveness
Transparency
Benefits
Cut costs
Reduce risk
Rosetta Model
Rosetta Model
What is Rosetta
Rosetta is the key innovation at the heart of REGnosys’ platform –
The technological trick that enables the magic of Programmatic Compliance.
A digital asset
Rosetta consolidates the disparate technical practices of the industry: data standards, business workflows etc., into a single, digital repository.
Rosetta is able to tie the regulatory provisions as codified rules into these practices, in a way that is clear and easy to navigate. REGnosys’ platform uses Rosetta to convert regulatory texts into transparent, executable workflows. And thanks to Rosetta’s in-built mapping of business practices, these workflows become easy to plug into your firm’s proprietary systems.
Radical transformation
REGnosys does not just deliver a compliance toolkit –
It fundamentally transforms the industry’s approach to regulatory compliance.
Leveraging Rosetta
Rosetta is the key instrument of that transformation.
Rosetta enables a complete redesign of the industry’s regulatory infrastructure. For the first time, rules can be unambiguously tied to technical business practices, and therefore translated into executable, transparent and independently verifiable compliance logic.
For REGnosys, Rosetta is an industry asset that belongs to one place only: the open source – And that is just where we are building it.
User Journeys
No more dissecting through multiple systems and thousands of lines of code.
With Programmatic Compliance, evidencing compliance comes right at your fingertips.
The auditability question
How do I prove that my organisation has correctly implemented the rules? Follow the journey…
The traceability question
How do I monitor the continuous quality of my organisation’s regulatory output? Follow the journey…
The auditability question
How do I prove that my organisation has correctly implemented the rules? Follow the journey…
The traceability question
How do I monitor the continuous quality of my organisation’s regulatory output? Follow the journey…
Latest Market News
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ISDA CDM – A Big Step Towards Efficiency
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Fintech Trends to watch in 2018 by CB Insight
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Barclays, Goldman Champion ISDA Standard for Blockchain Derivatives
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UK regulators’ regtech ambition to ease compliance burden may be Brexit ace in the hole
"MDMER no longer a pet project" by Thomson Reuters. Read comments from our CEO Leo Labeis and other RegTech experts on how "Machine Executable Reporting" can now be made a reality and how it. can be an industry game changer. Find out...
Regnosys to Expand Reach with Bank, Regulatory Implementations
In addition to its work with Isda, the fintech startup also has projects in the works with ING Bank and the FCA. In February, after conducting an RFQ process with about 15 vendors, the International Swaps and Derivatives Association (Isda) announced that it had...
Next Step to the CDM
ISDA has taken an important step in its effort to reshape the market and enable the interoperability of new technologies. Last week, we announced we’ve selected regulatory fintech firm REGnosys to help us develop a digital version of the ISDA Common Domain Model(CDM),...