Regulatory Compliance and Reporting

Overview

Regulatory obligations—such as those from the NFA —require firms to track, review, and report on large volumes of transactional data. However, compliance and operations teams often lack a centralized, real-time system to detect risks, flag anomalies, and ensure all records are reviewed before submission. This leads to inefficiencies, delayed reviews, and potential exposure to penalties or audit findings. The absence of live process visibility and timely insights makes it difficult to address bottlenecks or recurring issues across portfolios.

Key Features & Functionality

• Real-Time Compliance Feed: Streams flagged transactions and process events from integrated systems like Process HQ for up-to-date compliance visibility.
• Review & Status Dashboard: Displays all compliance items by portfolio, reviewer, and status (e.g., In Review, Reviewed, Excluded), with filters for team role, flag type, or date.
• Audit-Ready Reporting (NFA): Structures data to support NFA audit trails with timestamped actions, user accountability, and issue escalation visibility.
• Flag Categorization & Metrics: Automatically classifies flags by type and tracks review outcomes, helping teams identify recurring risks.
• Exception Handling Workflow: Enables COs, preparers, and BAs to document decisions, comments, and outcomes directly in the dashboard interface.
• Alerts & Notifications: Triggers real-time alerts for overdue reviews, repeated flags, or escalation thresholds to avoid regulatory gaps.

Benefits & Business Impact

RCR enables financial institutions to manage compliance workflows proactively by offering real-time visibility into flagged transactions, review statuses, and operational bottlenecks. The solution reduces manual tracking, enhances accountability, and ensures regulatory updates and reviews are never missed. By supporting structured reporting aligned with NFA requirements, RCR empowers teams to resolve issues faster, improve audit readiness, and minimize regulatory exposure. The result is better risk posture, faster response cycles, and greater confidence in compliance-driven decision-making.