Vizor Licensing & Regulatory Transactions
Vizor Licensing and Regulatory Transactions allows regulated institutions to submit license requests and corporate authorisations online. Financial regulators can then assess the requests according to defined workflows which track SLA adherence. Once approved, any affected master profile data is automatically updated. Master data can be analysed with ease or distributed to downstream systems.
As regulatory requirements become more onerous and granular, maintaining an up to date and accurate master data profile of each market participant has become extremely challenging. Disparate and disjointed systems make it difficult for regulators to collect and assess master data changes in a straightforward manner, which jeopardises the financial regulator’s ability to meet SLA commitments with the industry.
A system which enables quick and straightforward reporting and assessment of master data changes, which when approved automatically update the centralised master data of a regulated institution. The solution also supports the evolution of the master data profile structure over time as new data requirements are added in line with new regulations.