Vizor Regulatory Returns
Vizor Regulatory Returns empowers the financial regulator to take control of data collections. As part of the implementation, the regulator can flexibly define the properties of the new collection. You can then schedule the new collection, collect the data from market participants, automatically validate the data is correct, assess the data, analyse the data, distribute the data to downstream systems and share the data with other regulators.
Regulators today are expected to collect many forms of complex data from various market participants and act against that data in a timely manner. Regulators struggle with a combination of disparate processes and inflexible IT data collection and analysis systems. Supervisory staff spend too much time on data collection and preparation, and it takes far too long to get usable data.
An integrated data collection and analysis system that is based on best-in-class templates and processes but is flexible enough to deal with regulator specific needs. A solution whereby new regulatory data collections can be defined, scheduled, collected, validated, assessed, analysed, distributed and shared by business users with ease. A solution where the responsibility is placed on FIs for submitting correct and timely data which is automatically checked. A solution where this data is immediately available for aggregate or ad-hoc reporting.