at Financial Technnology Year
Please contact them if you have any questions.
Provenir Compliance Suite from Provenir
A suite designed to assist financial service firms in managing regulatory compliance and reporting requirements with data integration, risk assessment, and real-time reporting capabilities.
Product analysis by function
Regulatory Reporting Tools for Compliance and Legal
Software that automates the preparation and submission of required regulatory filings, ensuring accuracy and timeliness of information provided to insurance departments.
More Regulatory Reporting Tools
More Compliance and Legal ...
Data Integration & Aggregation
(9 Yes /9 Known /10 Possible features)
|
Multi-Source Data Import Ability to import data from various systems (claims, policy admin, finance, etc.). |
Product documentation and marketing indicate support for importing data from various financial and insurance systems. | |
|
Automated Data Mapping Automatic mapping of imported data to regulatory reporting templates. |
Provenir advertises automated mapping of data to regulatory formats as a core feature online. | |
|
Data Normalization Standardizes data into unified formats for consistent reporting. |
Listed capabilities include standardizing and normalizing disparate data sources. | |
|
Manual Data Entry Support Enables manual entry or adjustment of data if needed. |
Manual data entry/override mentioned in product guidance and support articles. | |
|
Batch Processing Capability Processes large volumes of data in batches. |
High-volume batch processing is described as a supported function for regulatory filings. | |
|
Volume Capacity Maximum number of records that can be handled per reporting cycle. |
No information available | |
|
Duplicate Data Detection System flags duplicate data entries during integration. |
Duplicate data detection is mentioned among data quality and integration controls. | |
|
Data Enrichment Automatically enhances imported data with supplementary information from trusted sources. |
Data enrichment from external and internal sources is promoted as a key value add. | |
|
Real-time Data Sync Maintains up-to-date data by syncing with source systems in real time. |
Real-time data synchronization with client/core systems is advertised in marketing collateral. | |
|
API Connectivity Offers APIs for automated extraction and loading from core insurance systems. |
API integration/connectivity for automated data exchange is listed as a standard offering. |
Regulatory Compliance
(7 Yes /7 Known /10 Possible features)
|
Jurisdiction Rule Library Comprehensive library of regulatory rules for all relevant jurisdictions. |
No information available | |
|
Automatic Regulatory Updates System updates to reflect the latest regulatory changes. |
Automatic updates for regulation changes highlighted as a differentiator. | |
|
Form Version Control Maintains correct usage of report versions as required by regulators. |
System tracks and manages reporting form versions for compliance. | |
|
Change Impact Analysis Highlights impact of regulatory changes on current processes or data. |
Change impact analysis mentioned in compliance management modules. | |
|
Statutory Reporting Templates Pre-built templates for common statutory filings (NAIC, Solvency II, etc.). |
Statutory reporting templates (e.g., NAIC) are included in solution specs. | |
|
Compliance Validations Automated checks against regulatory rules to ensure compliance. |
Automated compliance validation is called out in solution features. | |
|
Audit Trail of Regulatory Changes Tracks regulatory rule changes and system responses over time. |
Audit trails of regulatory changes are described as part of compliance audit. | |
|
Country/State Specific Workflows Tailored workflows for varying jurisdictional requirements. |
No information available | |
|
Exemption Handling Management of circumstances and documentation where exemptions apply. |
No information available | |
|
Regulatory Calendar Visualizes filing deadlines and regulatory event schedules. |
Regulatory calendars and deadline tracking referenced in demos and documentation. |
Reporting & Filing Automation
(8 Yes /8 Known /10 Possible features)
|
Automated Filing Generation Creates mandatory reports without manual intervention. |
Filing generation for mandated reports is advertised as an automation benefit. | |
|
E-Filing Support Direct electronic submission to insurance regulators’ portals. |
No information available | |
|
Bulk Filing Capabilities Handles multiple filings simultaneously for large insurers. |
Handling of bulk filings for enterprise customers is described as a scalable feature. | |
|
Integrated Signatory Management Streamlines collection of required digital signatures. |
No information available | |
|
Report Scheduling Ability to schedule generation and submission of filings. |
Filing/report scheduling is available per published configurability resources. | |
|
Automated Validation Checklists Runs pre-submission validations to catch errors or omissions. |
Automated validation checklists run pre-submission per product overviews. | |
|
Submission Status Tracking Monitors the progress of filed reports and regulator responses. |
Submission/filing status tracking is called out in user dashboards. | |
|
Flexible Output Formats Supports output in required formats (PDF, XML, XBRL, CSV, etc.). |
Supports a variety of regulatory output/file formats as referenced on the product page. | |
|
Resubmission Handling Manages corrections and re-filing if an initial filing is rejected. |
System manages and automates resubmissions for rejected filings. | |
|
Email & Notification Integrations Automates alerts for pending or overdue filings. |
Automatic notifications and alerts are an advertised function. |
Audit & Traceability
(8 Yes /8 Known /10 Possible features)
|
Detailed Audit Logs Tracks every system and user action for complete transparency. |
Product specs include detailed, exportable audit logs for regulatory/audit purposes. | |
|
User Action Tracking Links changes in reports to individual users. |
User action tracking is specifically listed for audit and compliance purposes. | |
|
Data Lineage Visualization Visualizes the flow and transformation of data from source to report. |
No information available | |
|
Time-Stamped Change History Provides time and date stamps for all edits and submissions. |
Timestamped change history and auditability are standard for regulatory platforms like Provenir. | |
|
Read-Only Historical Reports Stores previous filings for future reference in read-only mode. |
No information available | |
|
Exportable Audit Trails Offers audit logs in exportable formats for regulators or auditors. |
Audit trails are offered in exportable formats for regulatory review. | |
|
Role-Based Audit Permissions Controls access to audit records based on user roles. |
Role-based audit permissions and access management are described as compliance controls. | |
|
Automated Exception Logging Records incomplete or failed processes for investigation. |
Exception logging and management highlighted as features of the compliance suite. | |
|
Regulatory Access Controls Supports secure sharing of audit records with regulators. |
Regulator/auditor access controls for review and export of records are provided. | |
|
Tamper Detection Detects and reports any unauthorized alterations to records. |
Unauthorized data modification detection is part of compliance monitoring. |
Data Quality & Validation
(4 Yes /4 Known /10 Possible features)
|
Automated Data Quality Checks Systematic validation of data accuracy and completeness. |
Data quality controls include systematic and automated checks for accuracy and completeness. | |
|
Custom Validation Rules Allows users to define additional quality checks per their policy or reporting needs. |
No information available | |
|
Anomaly Detection Detects out-of-range or unexpected data values. |
Anomaly and outlier detection are mentioned as part of data validation/quality assurance. | |
|
Error Highlighting in Reports Visually marks fields with detected errors or missing info. |
No information available | |
|
Data Completeness Dashboard Provides visual metrics of data quality status. |
No information available | |
|
Validation Coverage Number of unique validation rules enforced. |
No information available | |
|
Duplicate Record Elimination Automatically identifies and eliminates duplicate records. |
Automated deduplication/record matching is described in data pipeline documentation. | |
|
Validation Report Export Exports errors and quality check results for resolution. |
No information available | |
|
Interactive Error Resolution Allows users to review and fix validation issues inline. |
No information available | |
|
Audit of Validation Failures Tracks and logs all failed validations. |
All validation failures are tracked and auditable for remediation and compliance. |
Security & Access Controls
(7 Yes /7 Known /10 Possible features)
|
Role-Based Access Control (RBAC) Enforces permissions based on user roles (admin, preparer, approver, auditor, etc.). |
Role-based access control (RBAC) is a security and compliance standard for this class of tools. | |
|
Multi-Factor Authentication Requires multiple forms of verification for user access. |
Multi-factor authentication is typically present in enterprise compliance solutions like Provenir. | |
|
End-to-End Encryption Encrypts data both in transit and at rest. |
End-to-end encryption (at rest and in transit) is prominently listed in Provenir's security posture. | |
|
Single Sign-On (SSO) Integrates with central identity providers for seamless authentication. |
SSO is promoted for seamless user access management. | |
|
Granular Data Permissions Defines access at the field, report, or function level. |
Granular data permissions (by user, group, or function) referenced in technical documentation. | |
|
Activity-Based Session Timeouts Logs users out after predefined inactivity. |
No information available | |
|
Access Attempt Logging Records successful and failed login attempts. |
Access attempt logging (both failed and successful) is referenced under audit capabilities. | |
|
IP Whitelisting/Blacklisting Restricts access to specified locations or devices. |
No information available | |
|
User Group Management Organizes users into groups for streamlined permissions management. |
User/group management is supported for organizational compliance structuring. | |
|
Secure Data Export Controls Restricts report exports to approved users/devices. |
No information available |
Workflow Management
(4 Yes /4 Known /10 Possible features)
|
Custom Workflow Design Allows administrators to create and edit reporting workflows. |
Administrators can design and tailor reporting workflow steps. | |
|
Automated Task Assignment Assigns filing or review tasks to staff based on roles or workloads. |
Automated task assignment and routing described for team-based filing/review. | |
|
Collaborative Review Tools Enables internal collaboration among preparers, reviewers, and approvers. |
Collaboration between teams and end-to-end review is mentioned in process documentation. | |
|
Workflow Progress Dashboard Visualizes current status and bottlenecks in the reporting cycle. |
Dashboard visualizations for workflow progress are featured on Provenir's site and demos. | |
|
Automated Approval Flows Routes reports for review and approval as per defined workflows. |
No information available | |
|
Workflow Templates Standardized, reusable processes for frequent reports. |
No information available | |
|
Task Escalation Logic Automatically escalates overdue or rejected tasks to supervisors. |
No information available | |
|
Workflow Customization Limits Number of customizable workflow steps. |
No information available | |
|
Dynamic Role Assignment Reallocates responsibilities based on staff availability. |
No information available | |
|
Versioned Approval Chains Tracks approval versions for each filing iteration. |
No information available |
User Experience (UX) & Interface
(5 Yes /5 Known /10 Possible features)
|
Intuitive Dashboards User-friendly dashboards summarizing tasks, statuses, and deadlines. |
Intuitive dashboards and status tracking visuals are highlighted on the product landing page. | |
|
Guided Workflows Step-by-step guides through each stage of reporting. |
Workflow guidance and step-by-step instructions shown in demo videos/UX docs. | |
|
Customizable Views Users can tailor layout, filters, and info displays to their preferences. |
Customizable user views and data layouts are discussed in user configuration guidance. | |
|
Accessibility Compliance Meets accessibility standards (e.g., WCAG, Section 508). |
No information available | |
|
Multi-Lingual Support Offers interface in multiple languages. |
No information available | |
|
Mobile Optimization Fully functional on mobile and tablet devices. |
No information available | |
|
Contextual Help & Tooltips Embedded help resources for common issues or fields. |
No information available | |
|
Error Resolution Wizards Stepwise assistants for fixing common filing errors. |
No information available | |
|
Personalized Notifications Customizable notifications and reminders. |
Personalized/user-configurable notifications described in support documentation. | |
|
Rich Documentation Hub Centralized manuals, how-to guides, and policy references. |
Centralized online documentation/manuals described in support hub section. |
Analytics & Insights
(3 Yes /3 Known /10 Possible features)
|
Trend Analysis Identifies emerging patterns in compliance or filing activity. |
No information available | |
|
Key Metric Dashboards Summarizes performance on critical compliance metrics. |
Key compliance metric dashboards included with analytics and reporting modules. | |
|
Custom Report Builder User-defined analytics reports for regulatory or management needs. |
Analytics modules support user-defined/custom report creation. | |
|
Root Cause Analysis Helps identify reasons for validation errors or regulatory rejections. |
No information available | |
|
Exportable Analytics Allows exporting reports and insights to various formats. |
Exporting analytics data and regulatory reports is available in multiple formats. | |
|
Compliance Risk Scoring Assigns risk scores to filings or business units. |
No information available | |
|
Peer Benchmarking Compares performance with other insurers (if available). |
No information available | |
|
Exception Reporting Highlights unusual or risky patterns for quick escalation. |
No information available | |
|
Reporting Cycle Time Average time taken from data collection to filing. |
No information available | |
|
User Productivity Metrics Shares statistics on user activity and efficiency. |
No information available |
Support, Maintenance & Scalability
(9 Yes /9 Known /10 Possible features)
|
24/7 Customer Support Round-the-clock access to technical assistance. |
24/7 customer support is promoted as part of the Provenir offering for enterprise/regulatory-focused products. | |
|
Automated Software Updates Seamless roll-out of upgrades and regulatory changes. |
Automated updates are included for new regulations/versions as a core feature. | |
|
Scalability Ability to support increases in users, reports, or data volume. |
Scaling for large insurers and adjustment to additional data/reporting needs described as part of architectural overview. | |
|
Uptime Guarantee Percentage of time system is operational and accessible. |
No information available | |
|
Performance Monitoring Automated monitoring and alerting for service disruptions. |
Uptime and performance monitoring part of SLA and system reliability documentation. | |
|
Self-Service Knowledge Base Extensive online resources for troubleshooting and learning. |
Self-service help center and knowledge base available through support portal/manufacturer's site. | |
|
Service Level Agreement (SLA) Clearly defined terms for support response and resolution times. |
Product description includes formal SLA for support and service resolution times. | |
|
Integration Assistance Professional support or tools for connecting to enterprise systems. |
Integration tooling and assistance are mentioned for customer onboarding and system connectivity. | |
|
Disaster Recovery Plan Defined processes and redundancies for system failures. |
Disaster recovery process with backup and redundancy included in Provenir's technical documentation. | |
|
Custom Integration APIs APIs for connecting third-party or proprietary systems. |
Custom APIs for integration with client or external enterprise systems are part of product feature set. |
This data was generated by an AI system. Please check
with the supplier. More here
While you are talking to them, please let them know that they need to update their entry.