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Solution

The regulatory compliance paradox

The aggregated cost of regulatory compliance across the financial industry is reaching $80BN globally. And yet compliance related risks remain at all-time highs.

Why is that?

Sure enough, new regulations introduced after the 2008 financial crisis require firms to collect, aggregate and report unprecedented amounts of data, and integrate complex rules into their business workflows. And yes, these rules are open to diverging interpretations and not always harmonised globally.

But at the root of the paradox is the industry’s extreme state of technology fragmentation: often within a single organisation, the same data is represented in many different ways through multiple systems.

This results in highly complex regulatory implementations that have escalated into uncontrolled costs, still without guarantee of compliance: how do you prove adherence to a rule, when the logic is buried deep into a maze of disparate systems? This opacity also challenges regulators’ supervisory mandate and damages market transparency.

Our solution

Our solution is a revolutionary platform that does more than just help your firm comply: it enforces compliance programmatically at every step of the process.

Programmatic Compliance

REGnosys’ solution is a cohesive platform that embeds complex rules as transparent, executable logic, packaged into a cloud-based software that directly plugs into your organisation’s workflows. Your compliance implementation becomes auditable, traceable and programmatically tied to the rules, from input to output.

From the rules as drafted, to the rules as executed, in a clear and simple way: this, is Programmatic Compliance.

This scalable compliance solution dramatically cuts the costs and risk of having to support your own complex implementation.

Fragmentation

Complexity

Transparency

Cohesiveness

Fragmentation

Complexity

Cohesiveness

Transparency

Benefits

Cut costs

Reduce risk

Rosetta Model

Rosetta Model
What is Rosetta

Rosetta is the key innovation at the heart of REGnosys’ platform –
The technological trick that enables the magic of Programmatic Compliance.

A digital asset

Rosetta consolidates the disparate technical practices of the industry: data standards, business workflows etc., into a single, digital repository.

Rosetta is able to tie the regulatory provisions as codified rules into these practices, in a way that is clear and easy to navigate. REGnosys’ platform uses Rosetta to convert regulatory texts into transparent, executable workflows. And thanks to Rosetta’s in-built mapping of business practices, these workflows become easy to plug into your firm’s proprietary systems.

Discover Rosetta…

Radical transformation

REGnosys does not just deliver a compliance toolkit –
It fundamentally transforms the industry’s approach to regulatory compliance.

Leveraging Rosetta

Rosetta is the key instrument of that transformation.

Rosetta enables a complete redesign of the industry’s regulatory infrastructure. For the first time, rules can be unambiguously tied to technical business practices, and therefore translated into executable, transparent and independently verifiable compliance logic.

For REGnosys, Rosetta is an industry asset that belongs to one place only: the open source – And that is just where we are building it.

Discover Rosetta…

Infrastructure

Navigation

Open source

Infrastructure

Navigation

Open source

 User Journeys

No more dissecting through multiple systems and thousands of lines of code.

With Programmatic Compliance, evidencing compliance comes right at your fingertips.

The auditability question

How do I prove that my organisation has correctly implemented the rules? Follow the journey…

The traceability question

How do I monitor the continuous quality of my organisation’s regulatory output? Follow the journey…

The auditability question

How do I prove that my organisation has correctly implemented the rules? Follow the journey…

The traceability question

How do I monitor the continuous quality of my organisation’s regulatory output? Follow the journey…

Latest Market News 

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ISDA CDM – A Big Step Towards Efficiency

“The ISDA CDM is a blueprint for actions and processes that occur during the lifecycle of a derivatives trade. It will enhance consistency and facilitate interoperability across firms and platforms.” Read from ISDA CEO Scott O'Malia about the benefit of the CDM.  Read...

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Another milestone for REGnosys! ISDA has published the first digital version of the CDM, providing a "machine-readable blueprint [...] to reduce complexity and create greater efficiency in the derivates market". Read more: ISDA Publishes Digital Iteration of the...

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Regnosys to Expand Reach with Bank, Regulatory Implementations

In addition to its work with Isda, the fintech startup also has projects in the works with ING Bank and the FCA. In February, after conducting an RFQ process with about 15 vendors, the International Swaps and Derivatives Association (Isda) announced that it had...

Next Step to the CDM

ISDA has taken an important step in its effort to reshape the market and enable the interoperability of new technologies. Last week, we announced we’ve selected regulatory fintech firm REGnosys to help us develop a digital version of the ISDA Common Domain Model(CDM),...