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About Client
Security Brokerage Institution which has business with Europe and North America region Financial Institutions are required to comply with various regulatory authorities. 
Technology Used

Java, SQL DB & FIX Protocol

Business Challenges
  • Managing more regulatory authority needs various reconciliation tools
  • Reporting formats are unique for each regulatory authority
  • Amendments to regulatory report requirements need system upgrades
  • High compliance risks due to software issues
Solution Provided

 

  • Configuring multiple regulatory report APIs in different formats
  • Generating and validating Reports
  • Multiple submission settings and status management
  • Manage Report API/Report Template wizard
Business Benefits
  • Setrega can handle multiple regulatory authority with advanced admin configurations
  • Setrega allows all financial firms to produce regulatory reports in various formats