Regnology launches Granular Data model to transform regulatory reporting
|Building on the foundational Abacus data model, RGD represents the future of non-redundant, harmonized reporting across multiple jurisdictions.
The inception of RGD stems from the need to manage the increasing complexity within the financial regulatory environment. It aims to provide a standardized, granular data framework that can handle the vast datasets of banks, ensuring accurate and timely compliance reporting on both supranational and national levels.
At its core, Regnology specializes in developing software solutions that streamline regulatory reporting processes. Their products are crafted to enhance the regulatory reporting value chain from data enrichment to final report production. This approach minimizes data provisioning efforts and upholds the consistency and quality of data across various reporting jurisdictions.
RGD itself is a testament to the sophistication of Regnology’s offerings. It is engineered to serve as the central data model for all of Regnology’s solutions, promoting efficiency and reliability in regulatory report production. With RGD, financial institutions can better navigate the complexities of regulatory demands with less effort and higher precision.