Regulatory Reporting System

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Overview

Regulatory Reporting System (RRS), automates the workflow process for global shareholding disclosure monitoring and reporting. RRS supports disclosure reporting requirements in over 80 jurisdictions covering requirements for large position holdings, short selling, takeovers and foreign investments.

Fundamentally, RRS works by aggregating and monitoring holdings within all asset classes and automatically identifies disclosure requirements. As appropriate, it schedules and generates required regulatory filings. Compliance analysts can then research, modify, approve and submit the generated filings through RRS’s unique workflow interface. RRS provides several varieties of shareholding disclosure for each supported jurisdiction – a key feature if a financial institution trades a multiple listed security with multiple disclosure obligations in several jurisdictions.

Customers have the option of creating their own rules through the fully integrated Rule Builder or subscribing to theRRS Rules Library which currently supports rules for over 80 countries.  The RRSRules Library is supported by Rulefinder, a regulatory intelligence product offered by Derivative Services, an affiliate of Allen & Overy.

Key Features

What RRS will do for you:

  • Automate position monitoring for large and net short positions, takeovers and foreign investment and sensitive sectors.
  • Provides daily, monthly, quarterly and annual position monitoring.
  • Produces the workflow tasks to research, modify and approve identified filing requirements through and easy to use web-based user interface.
  • Automatically generates required filing documents.
  • Provides complete historical audit trail of filings and system changes.
  • Fully supported enterprise installed system.

Key Benefits

Why RRS is used by leading financial institutions world-wide:

  • Automates the regulatory reporting process, reducing processing time, manual errors, and labor costs.
  • Enables complex data consolidation, roll-up aggregation to report across the entity.
  • Allows rapid adaptation to internal and/or securities law changes.
  • Codifies senior management’s response to regulatory disclosure requirements.

Product/Service details

User Suitability (Capital Markets & Investment Mgmt)
Asset Managers
Geographic Availability
Africa, Asia-Pacific, Europe, North America, South America