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Broadridge Regulatory Reporting from Broadridge Financial Solutions
This solution offers comprehensive regulatory solutions, including advanced data aggregation, processing, and reporting tools to help organizations meet stringent regulatory requirements.
More about Broadridge Financial Solutions
Product analysis by function
Regulatory Reporting for Compliance
Systems for automating the preparation and submission of required regulatory reports to supervisory authorities.
More Regulatory Reporting
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Data Integration & Extraction
(9 Yes /9 Known /10 Possible features)
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Multi-source Connectivity Ability to connect and pull data from diverse banking systems, databases, and third-party platforms. |
Broadridge Regulatory Reporting advertises connectivity to multiple banking and third-party data sources for aggregation. | |
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Automated Data Extraction Automates the extraction of required information based on configurable rules. |
Solution highlights customer-configurable data extraction automations to pull in required regulatory data. | |
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Data Normalization Standardizes and normalizes disparate data sets for uniform processing. |
Described as performing advanced data standardization and normalization for reporting. | |
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Real-time Data Sync Synchronizes data feeds in real time or near-real time. |
Real-time or near-real-time synchronization of data is listed as a core feature for regulatory deadlines. | |
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Batch Data Processing Capacity Maximum volume of records that can be processed in a batch run. |
No information available | |
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Historical Data Import Allows bulk import and integration of historical data for retrospective reporting. |
Historical data import is referenced; facilitates retrospective reporting for legacy compliance. | |
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Custom Data Mapping Supports user-defined mapping of data fields from source to destination formats. |
Supports user-defined data mapping between sources and regulatory formats. | |
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Error Logging and Handling Captures and manages data extraction and integration errors. |
Includes robust error logging and handling per their technical documentation. | |
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Data Lineage Tracking Tracks the origin and movement of data across the integration process. |
Data lineage tracking mentioned as allowing auditors to trace data through all processing stages. | |
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API Support Provides APIs for integrating with external systems or tools. |
Publicly outlined API support for integrations with internal and external solutions. |
Report Generation and Customization
(10 Yes /10 Known /10 Possible features)
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Pre-built Report Templates Contains a library of standard regulatory reporting templates (e.g., Basel III, FATCA). |
Library of standard regulatory reporting templates, including Basel III, is available. | |
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Custom Report Builder Allows users to design and build reports tailored to unique regulatory or internal requirements. |
Allows custom user-built and tailored compliance reports. | |
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Automated Report Scheduling Automatically generates and submits reports according to a configurable schedule. |
Report scheduling and automation for recurring submission cycles is documented. | |
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Multi-format Export Supports export of reports in multiple formats (Excel, XML, XBRL, PDF, CSV). |
Reports can be exported in multiple regulatory formats (Excel, XML, XBRL, PDF, CSV). | |
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Workflow Management Enables step-by-step workflow for report generation, review, and approval. |
Step-by-step reporting workflows, including review and approval, are part of the solution. | |
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Report Preview Provides preview functionality before finalizing reports. |
Report preview function before finalizing submission is mentioned. | |
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Ad Hoc Reporting Enables quick generation of non-standard or urgent reports as needed. |
Enables creation of ad hoc, urgent, or unscheduled reports as required. | |
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Version Control Manages multiple versions of reports for audit and tracking. |
Version control for regulatory reports is a documented capability. | |
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Bulk Report Generation Ability to generate numerous reports in a single operation. |
Bulk generation of reports is a solution highlight for high-volume regulatory clients. | |
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Digital Signatures Supports digital approval and e-signatures on reports. |
Digital signature and approval functionality is referenced for workflow compliance. |
Regulatory Compliance Coverage
(8 Yes /8 Known /10 Possible features)
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Multi-jurisdictional Coverage Supports regulatory frameworks for multiple countries or regions. |
The platform supports compliance for multiple global jurisdictions. | |
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Regulation Library Maintains an up-to-date library of regulatory rules and guidelines. |
Maintains an up-to-date library of global regulations and rules. | |
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Automatic Regulatory Updates Automatically updates compliance logic as regulatory requirements change. |
System includes automatic updates when regulatory requirements change. | |
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Cross-regulation Consistency Checks Checks for inconsistencies or conflicts among various regulations. |
No information available | |
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Custom Compliance Rules Allows users to input and manage custom regulatory rules. |
Allows clients to define their own custom regulatory compliance logic. | |
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Compliance Deadline Reminders Notifies users of upcoming regulatory reporting deadlines. |
Compliance and reporting deadline reminders are part of standard workflows. | |
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Rule Version History Tracks the history and changes of regulatory rules over time. |
Tracks and audits rule version history for regulatory traceability. | |
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Deficiency Alerts Notifies users about non-compliance or missing elements. |
Includes notification and alerting for compliance deficiencies. | |
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Scenario Simulation Allows users to test the impact of regulatory changes before implementation. |
Enables scenario testing to simulate regulatory impacts before changes go live. | |
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Peer Benchmarking Compares compliance status and metrics with industry peers. |
No information available |
Data Quality & Validation
(6 Yes /6 Known /10 Possible features)
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Automated Data Validation Checks for missing, incorrect, or outlier data values during data processing. |
Automated field data validation routines are documented for ensuring quality. | |
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Duplicate Detection Identifies and flags duplicate records before submission. |
Duplicate detection is mentioned as a core part of quality assurance for submissions. | |
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Validation Rule Library Provides built-in and customizable validation rules. |
Features both built-in and customizable validation rule sets. | |
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Error Correction Workflow Facilitates identification and remediation of data errors. |
Error correction workflow and traceability for data issues provided. | |
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Audit Trail for Corrections Tracks data corrections for transparency and governance. |
All corrections tracked with audit logs for transparency and governance. | |
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Field-level Validation Logging Records validation status at the granular field level. |
No information available | |
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Data Completeness Ratio Ratio of fields populated to total fields required. |
No information available | |
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Threshold-based Alerts Sends alerts if data quality falls below predefined thresholds. |
No information available | |
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Validation Processing Speed Time taken to complete validation of typical data batch. |
No information available | |
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User-defined Exception Rules Allows users to define exceptions for validation checks. |
Administrators can define exception rules for various regulatory validations. |
Automation & Workflow Management
(5 Yes /5 Known /10 Possible features)
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End-to-end Automation Automates the full reporting lifecycle from data extraction to report submission. |
Described as automating the full reporting lifecycle from data extraction to submission. | |
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Task Assignment Assigns roles and responsibilities to different users within the workflow. |
No information available | |
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Approval Hierarchies Supports customizable multi-level approvals for reports. |
Approval workflows with multi-level customizable hierarchies are offered. | |
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Workflow Visualization Provides graphical representation of reporting workflows. |
No information available | |
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SLA Monitoring Tracks workflow completion against service level agreements. |
No information available | |
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Batched or Parallel Processing Supports both sequential and parallel workflow processing. |
Supports parallel and batch workflow operations for large data sets. | |
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Alert Notifications Sends alerts for workflow bottlenecks or overdue tasks. |
Provides configurable notifications and alerts for overdue workflow tasks. | |
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Automatic Escalation Escalates unresolved workflow items according to defined rules. |
Automatic escalation rules for unresolved workflow items are mentioned. | |
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Task Completion Time Average time required to complete a workflow task. |
No information available | |
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Integration with Task Management Tools Connects with external project management or collaboration tools. |
No information available |
Security & Access Control
(7 Yes /7 Known /10 Possible features)
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Role-based Access Control (RBAC) Grants permissions based on defined user roles in the organization. |
RBAC (role-based access control) is a cited security feature. | |
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Data Encryption (at rest and in transit) Encrypts sensitive data when stored and during data transmission. |
Data encryption at rest and in transit included for regulatory security. | |
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Multi-factor Authentication Requires more than one form of verification before granting access. |
Multi-factor authentication is standard for this type of critical compliance product. | |
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Audit Logging Tracks user activity and system access for security monitoring. |
System activity and audit logging is mentioned for compliance and security. | |
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Granular Permission Control Allows fine-tuned user permissions down to field or function level. |
Granular permission controls described down to reporting and field level. | |
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Single Sign-On (SSO) Integrates with institutional authentication solutions. |
No information available | |
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Access Log Retention Period Duration for which access logs are retained. |
No information available | |
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Data Masking Masks sensitive information in views and exports as appropriate. |
Data masking referenced for sensitive information views and extracts. | |
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Compliance with Industry Standards Adheres to ISO 27001, SOC 2, GDPR, or equivalent standards. |
Broadridge claims compliance with ISO 27001 and other relevant security/industry standards. | |
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Anomaly Detection Identifies unusual patterns of access or use. |
No information available |
Audit & Traceability
(6 Yes /6 Known /10 Possible features)
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Full Audit Trail Each action is logged with timestamp, user, and before/after values. |
Full audit trail is cited, including user, timestamp, and before/after. | |
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Change Management Logging Tracks changes to data, reports, rules, and configurations. |
Change management logging available for data, logic, and rules. | |
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Printable Audit Logs Supports exporting or printing audit logs for regulators. |
Printable/exportable logs for regulatory review are supported. | |
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Audit Log Search Comprehensive search and filtering within audit trails. |
No information available | |
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Retention Period Customization Allows setting custom data and log retention periods. |
Product supports customized retention settings for data and audit logs. | |
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Tamper-evidence Logs are protected against unauthorized alteration. |
Audit logs are protected and tamper-evident to meet regulatory norms. | |
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Drill-down Capability Allows auditors to investigate from high-level activity down to granular changes. |
Drill-down capability from top-level to field-level changes is supported. | |
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Exception Audit Reports Generates audit reports of exceptions and anomalies. |
No information available | |
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Reviewer Comments Tracking Keeps a record of comments and notes added during review or approval. |
No information available | |
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Time to Retrieve Audit Record Average time needed to retrieve a specific log entry. |
No information available |
Scalability & Performance
(4 Yes /4 Known /10 Possible features)
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Concurrent User Capacity Maximum number of users the system can support simultaneously. |
No information available | |
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Peak Data Volume Largest volume of data handled during peak reporting cycles. |
No information available | |
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Load Balancing Distributes processing workload for optimal performance. |
Broadridge regulatory platform is run in distributed environments and mentions load balancing for high availability. | |
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Uptime Guarantee Service level uptime commitment by the vendor. |
No information available | |
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Elastic Resource Allocation Ability to automatically allocate system resources based on current demand. |
Elastic scaling is provided for regulatory reporting during peak cycles. | |
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Disaster Recovery Support Ensures system availability in the event of failures or disasters. |
Disaster recovery and system resilience is a cited value proposition. | |
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Response Time Average application response latency under normal load. |
No information available | |
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Data Archival Capacity Volume of data archived and retrievable for regulatory retention. |
No information available | |
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Geographic Load Distribution Option to distribute workload across global data centers. |
No information available | |
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On-demand Scalability Scaling system resources up or down without disrupting operations. |
System resources scale up/down according to client demand without disruption. |
User Experience & Usability
(6 Yes /6 Known /10 Possible features)
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Intuitive User Interface Easy-to-navigate and logically designed screens and menus. |
Broadridge Regulatory Reporting emphasizes intuitive navigation for fast self-service reporting. | |
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Customizable Dashboards Allows users to personalize their reporting and compliance dashboards. |
Users can create and customize dashboards for compliance monitoring. | |
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Guided Workflows Provides step-by-step guidance through reporting tasks. |
Step-by-step user guidance available for major reporting workflows. | |
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Accessibility Compliance Supports accessibility features for users with disabilities. |
No information available | |
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In-app Help and Documentation Embedded tips, tutorials, and documentation for user assistance. |
In-app tips and documentation are present for regulatory reporting. | |
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Multi-language Support Interface available in multiple languages. |
No information available | |
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Mobile Compatibility Supports access and reporting from mobile devices. |
Mobile web access to regulatory reports mentioned by vendor. | |
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Keyboard Shortcuts Enables efficiency for power users with keyboard commands. |
No information available | |
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Bulk Actions Allows users to perform operations on multiple records or reports at once. |
Bulk actions enabled for managing multiple records in compliance workflows. | |
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Onboarding & Training Tools Built-in wizards or modules to onboard new users with minimal friction. |
No information available |
Analytics & Business Intelligence
(8 Yes /8 Known /10 Possible features)
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Pre-built Analytical Reports Out-of-the-box analytics dashboards for common compliance metrics. |
Pre-built analytical reports and dashboards provided for compliance performance. | |
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Custom Analytics Designer Allows creation of bespoke analytical and visualization reports. |
Custom analytics and visualization tools described. | |
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Drill-down Analysis Enables users to explore higher or lower levels of detail as desired. |
Drilldown analysis present within dashboards for detailed investigation. | |
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Trend Analysis Identifies and visualizes long-term trends in regulatory or compliance data. |
Trend analysis for regulatory and compliance activities is offered. | |
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KPI Tracking Tracks and visualizes key compliance and reporting performance indicators. |
KPI dashboards for compliance and reporting performance. | |
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Data Export for Analytics Exports raw or aggregated data for external analysis. |
Allows export of raw and aggregated data for additional analysis. | |
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What-if Scenario Modeling Simulates regulatory/reporting scenarios and their impact. |
What-if scenario modeling is mentioned for evaluating regulatory changes. | |
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Dashboard Refresh Rate Frequency at which analytics dashboards are updated. |
No information available | |
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Third-party BI Tool Integration Connects to tools such as Tableau, PowerBI, or Qlik for advanced analytics. |
Can connect with popular BI tools (Tableau, PowerBI, Qlik) for extended analytics. | |
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Forecasting/Prediction Capabilities Leverages historical data to predict upcoming compliance issues. |
No information available |
Support, Maintenance & Vendor Management
(9 Yes /9 Known /10 Possible features)
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24/7 Support Availability Support team available round-the-clock for issue resolution. |
Broadridge offers 24/7 support for critical regulatory reporting clients. | |
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Dedicated Account Manager Provides a single point of contact at the vendor. |
Each client account is assigned a dedicated account manager. | |
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SLA-based Issue Resolution Guaranteed response and resolution times as per SLA. |
SLA-based response and issue resolution are available in commercial agreements. | |
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Self-service Knowledge Base Online resources for common troubleshooting and FAQs. |
Comprehensive online knowledge base for troubleshooting and FAQs. | |
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Product Update Frequency Average frequency of major product updates or patches. |
No information available | |
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Onsite/Remote Training Options Comprehensive product training for users and administrators. |
Offers both onsite and remote training for user onboarding. | |
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Custom SLAs Can tailor SLAs to client-specific needs. |
Custom SLAs can be negotiated according to institution needs. | |
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Third-party Audit Support Assistance during regulatory or independent audits. |
Support for regulatory and third-party audits is included. | |
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User Community and Forums Access to peer support and shared best practices. |
Access to customer forums and user community for knowledge-sharing. | |
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API Documentation and Developer Support Comprehensive resources for integrating or extending the platform. |
Comprehensive API documentation and developer support for integrations available. |
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