Incomplete, inaccurate or inconsistent information can dramatically affect compliance efforts, and so resolving such data issues is of fundamental importance for all those involved in Compliance, regardless of industry.

For Financial Services customers, legislation such as Sarbanes-Oxley, Basel II, MiFID and the forthcoming Solvency II for the Insurance industry are intended to prevent inadequacies in risk protection and due diligence processes. A likely outcome from the global recession will be increased scrutiny and enforcement from regulators, requiring much deeper and granular compliance reporting.

Datanomic’s dn:Director for Compliance helps organisations to ensure that their compliance reporting data is fit-for-purpose; that it is accurate, complete and consistent. By identifying problems within the data and applying configurable rules to allow automatic issue resolution, dn:Director significantly increases the accuracy, and reduces the burden, of compliance reporting.

The first step in the process to ensure accuracy of data for Regulatory Compliance reporting is the free 90-minute Datanomic QuickStats Workshop, where your Datanomic team will work through a sample of your data with you to identify and quantify any issues which might hinder the accuracy of your efforts. Click this link for more information about the QuickStats Workshop.

To understand how dn:Director for Regulatory Compliance is relevant for your industry, or more specifically, your individual business team, visit our Markets and User Roles sections.

For more information about dn:Director for Regulatory Compliance, click the links below.