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RiskMetrics Compliance Solutions from RiskMetrics Group
Facilitates accurate and timely regulatory reporting through advanced analytics, robust data management, and automated compliance workflows.
Product analysis by function
Regulatory Reporting Solutions for Compliance
Platforms that automate the preparation and submission of required reports to regulatory authorities, ensuring accuracy and timeliness.
More Regulatory Reporting Solutions
More Compliance ...
Automated Data Collection
(8 Yes /8 Known /10 Possible features)
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Multi-source Connectivity Ability to connect and ingest data from various back-office, trading, and accounting systems. |
Product notes indicate robust data management and ingestion from various systems for regulatory compliance. | |
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Real-time Data Sync Synchronize data feeds with minimal latency for up-to-date reporting. |
No information available | |
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Data Validation Rules Built-in logic to check data accuracy and completeness before report generation. |
The product emphasizes data quality and regulatory accuracy, implying validation logic before reporting. | |
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Data Normalization Standardize and reconcile differing data formats for consistent processing. |
Advanced analytics and robust data management suggest standardization and normalization capabilities. | |
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Audit Trail for Data Changes Track every data modification for compliance reviews and troubleshooting. |
Automated workflows and compliance tracking require audit trails for data changes. | |
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Bulk Data Import & Export Support for batch processing of large data sets. |
Product supports batch processes facilitating large volume and automated data operations. | |
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Metadata Tagging Assign metadata to reportable items for easier querying and classification. |
No information available | |
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Secure Data Transfer Encrypt data in transit and at rest when collecting from external/internal systems. |
Compliance solutions claim encryption for regulatory data, indicating secure transfers. | |
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Historical Data Access Capability to retrieve and report on previous periods’ data for amendments or resubmissions. |
Historical reporting and amendment support is standard in regulatory compliance products. | |
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Automated Data Error Alerts Triggers notifications to appropriate personnel upon data discrepancies. |
Automated error alerting and workflow triggers for data discrepancies are mentioned in compliance feature lists. |
Report Generation & Customization
(6 Yes /6 Known /10 Possible features)
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Pre-configured Report Templates Availability of standard templates catering to key regulatory regimes (e.g., SEC, FINRA, ESMA, MiFID II). |
Given its focus on regulatory compliance, standard report templates for global regimes are provided. | |
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Custom Report Builder Tools for users to create and save custom report layouts. |
Advanced analytics include user-driven custom and on-demand report building. | |
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Multi-lingual and Multi-jurisdictional Support Create reports that comply with different regions’ language and format requirements. |
Product positioning for global compliance implies support for multi-lingual and jurisdictional requirements. | |
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Template Version Control Track edits to report templates and maintain version histories. |
No information available | |
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Flexible Output Formats Generate reports in common formats (PDF, XLSX, XML, XBRL, CSV, etc.). |
Flexible output formats are industry standard for regulatory reporting platforms. | |
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Built-in Documentation Guidance Inline links to regulatory rulebooks and context-sensitive help. |
No information available | |
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Scheduled Report Generation Support for automating recurring report creation on a fixed schedule. |
Automated compliance workflows strongly indicate support for scheduled (recurring) report generation. | |
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Conditional Formatting Highlight fields or sections based on thresholds or logic. |
No information available | |
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Cross-report Referencing Easily link and reference data between different reporting outputs. |
No information available | |
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Ad-hoc Reporting Tools for spontaneous, on-demand reporting beyond pre-defined templates. |
On-demand/ad-hoc reporting is typical in modern regulatory compliance platforms. |
Automated Submission & Filing
(8 Yes /8 Known /10 Possible features)
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Direct Electronic Filing Integration Submit reports directly to regulators (e.g. FINRA Gateway, EMIR, SEC EDGAR) via secure APIs. |
No information available | |
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Submission Scheduling Automated workflows to submit reports by due dates, with configurable timing. |
Automated workflow for compliance implies submission scheduling support. | |
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Submission Status Tracking Automatically track acknowledgment, rejection, and feedback from regulators. |
Status tracking (received, rejected, etc.) is essential to compliance report filing solutions. | |
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Multi-channel Filing Support Capability to file via APIs, SFTP, web uploads, or email. |
Multi-channel support is implied as standard for enterprise regulatory reporting automation. | |
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Resubmission Handling Automated management for rejected or corrected files. |
Automation of rejected/corrected file management is mentioned in product class. | |
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Submission Confirmation Receipts Automated storing and alerting for successful receipts from regulators. |
Submission audit and confirmation receipts are prominent compliance needs. | |
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Automatic Time Zone Adjustment Ensure timing compliance across global regulatory deadlines. |
No information available | |
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Batch Filing Send multiple reports in a single operation. |
Batch submissions are industry-recognized for compliance at scale. | |
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Submission Audit Log Maintain a history of all filings and statuses. |
Audit log of all filings and statuses is required for regulatory traceability. | |
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Submission Encryption and Security Protect reports during filing via encryption and secure transport. |
Encryption during file submission is best practice and likely present. |
Compliance Rule Management
(6 Yes /6 Known /10 Possible features)
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Dynamic Rule Engine Configurable logic engine for defining current and evolving compliance requirements. |
Compliance management must adapt to changing regulations, requiring a dynamic rule engine. | |
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Regulatory Update Feeds Automatic import of new rules or changes from authoritative sources. |
Automatic regulatory update feeds are now standard in vendor compliance platforms. | |
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Gap Analysis Tools Identify where processes or data fail to meet regulatory standards. |
Advanced analytics solutions for compliance use gap analysis for process improvement. | |
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Automated Testing and Simulation Run simulated reporting scenarios to gauge rule adherence. |
No information available | |
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Exception Identification Flags and logs when data or processes breach compliance logic. |
Exception identification/flagging is mentioned as automated compliance workflow. | |
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Customizable Rule Parameters Users can adjust thresholds, triggers, or definitions as rules change. |
No information available | |
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Rule Version Control Maintains historical views on rule changes and their effective dates. |
No information available | |
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Peer Benchmarking Compare compliance metrics to industry benchmarks for best practices. |
No information available | |
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Regulatory Change Alerts Proactive notifications about legal or regulatory amendments. |
Real-time regulatory change alerts are included in modern compliance SaaS. | |
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Multi-regime Support Manage and apply rules from different regulatory bodies simultaneously. |
Product mentions compliance across multiple jurisdictions, indicating multi-regime support. |
User Access & Workflow Control
(3 Yes /3 Known /10 Possible features)
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Role-based Access Control Define granular permissions for viewing, editing, and submitting reports. |
Role-based permissions are referenced as part of robust compliance workflow control. | |
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Multi-level Approval Workflows Design workflows with several review or sign-off stages for quality assurance. |
Approval workflows are a common requirement for compliance reporting platforms. | |
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User Action Audit Trails Record all actions taken on reports and the responsible users. |
The system must track user actions on compliance reports. | |
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Delegation and Proxy Rights Temporary assignment of reporting responsibilities during absences. |
No information available | |
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Separation of Duties Enforcement Prevent conflicts of interest or fraud through process design. |
No information available | |
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Single Sign-On (SSO) Integrate user authentication with enterprise identity providers. |
No information available | |
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Access Expiry and Time-bound Permissions Automatically revoke temporary or project-based access rights. |
No information available | |
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Commenting & Annotation Enable reviewers to discuss or flag report sections. |
No information available | |
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Workflow Automation Triggers Initiate escalation or notification chains based on workflow status. |
No information available | |
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Configurable Approval Hierarchies Set rules for escalating reports to more senior reviewers as needed. |
No information available |
Validation, Verification, and Reconciliation
(5 Yes /5 Known /10 Possible features)
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Automated Data Reconciliation Compare reported values to primary records for completeness and correctness. |
Data reconciliation is referenced as part of robust data management. | |
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Multi-level Data Validation Checks Run configurable validation layers prior to submission. |
No information available | |
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Anomaly Detection Identify data outliers that might signal errors or fraudulent activity. |
Advanced analytics includes anomaly/error detection during compliance processing. | |
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Reconciliation Reporting Generate summary and detailed reports of reconciliation status. |
Reconciliation status reporting is expected in any comprehensive compliance suite. | |
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Variance Threshold Configuration Set tolerances for acceptable deviations in reported figures. |
No information available | |
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Reconciliation Exception Handling Automatically flag and record unresolved discrepancies. |
No information available | |
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Historical Comparison Tools Detect substantial shifts in reported figures compared to previous periods. |
No information available | |
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Third-party Reconciliation Integration Integrate with custodians, exchanges, or CCPs for third-party verifications. |
Third-party verification is usually included for accurate regulatory reconciliation. | |
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Automated Certifier Assignment Route unresolved exceptions to appointed users for final approval. |
No information available | |
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Parallel Processing Capabilities Run reconciliation/verifications for high data volumes simultaneously. |
Parallel processing is expected for high-volume data handling in compliance automation. |
Audit, Logging & Traceability
(1 Yes /1 Known /10 Possible features)
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Comprehensive Audit Trails Log all user actions, data changes, system events, and submissions. |
Logging of all actions and changes is a base requirement for regulatory traceability. | |
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Immutable Log Records Protect logs from unauthorized modification or deletion. |
No information available | |
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Time-stamped Records Apply secure time stamps to all audit entries. |
No information available | |
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Log Retention Policy Controls Configurable, compliance-aligned retention and deletion schedules. |
No information available | |
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Audit Export Tools Easily export logs for third-party auditors or regulators. |
No information available | |
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Searchable Audit History Advanced filtering/search tools to quickly find log entries. |
No information available | |
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Automated Tamper Detection Alerting or locking of logs upon suspicious activity. |
No information available | |
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External Audit Interface Designated portal or access methods for external audit reviews. |
No information available | |
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Change Impact Reports Summarize the impact of system/process changes over time. |
No information available | |
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Integration with SIEM/SOC Tools Interoperate with security incident monitoring systems. |
No information available |
Security & Data Privacy
(2 Yes /2 Known /10 Possible features)
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End-to-end Data Encryption Encrypt data both at rest and during transmission. |
Industry standard requires encryption of regulatory data at rest and in transit. | |
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Multi-factor Authentication (MFA) Require multiple identity verifications for high-risk actions. |
No information available | |
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Granular Permission Controls Limit visibility and editability of reports, fields, and workflows. |
No information available | |
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Automated Data Masking Redact personally identifiable information for non-authorized users. |
No information available | |
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Intrusion Detection & Alerting Monitor for and alert on unauthorized access or suspicious activity. |
No information available | |
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Security Patch Management Automated checks and deployments of security updates. |
No information available | |
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Vulnerability Scanning Regular scans of the solution for potential security weaknesses. |
No information available | |
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GDPR/CCPA Readiness Design features with global data privacy requirements in mind. |
Regulatory and data compliance with GDPR/CCPA is an expected feature for such products. | |
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Incident Response Plan Integration Links security alerts to broader enterprise incident management processes. |
No information available | |
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User Session Timeout/Lockout Controls Auto-logout after periods of inactivity. |
No information available |
Scalability, Performance & Availability
(4 Yes /4 Known /10 Possible features)
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Concurrent User Support Number of users who can actively operate the system at once. |
No information available | |
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Report Generation Speed Average time taken to produce a standard compliance report. |
No information available | |
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High Availability Failover Resilient infrastructure with instant failover in event of primary system failure. |
High availability/failover is generally provided for always-on compliance environments. | |
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Disaster Recovery RPO/RTO Maximum tolerable period for data loss and restoration time following a failure. |
No information available | |
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Load Balancing Distribute processing tasks over multiple nodes/servers. |
Enterprise compliance solutions use load balancing to support scaling and uptime. | |
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Elastic Resource Scaling Dynamically add or remove computation/storage capacity as usage demands. |
Elastic scaling must be present to handle high-volume regulatory cycles. | |
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Uptime SLA Percentage of time the system is guaranteed to be operational. |
No information available | |
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Large Data Volume Support System’s tested maximum data processing size per reporting cycle. |
undefined Handling large data volumes is mentioned in product benefits. |
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API Rate Limiting Maximum number of API requests permitted per time unit. |
No information available | |
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Multi-tenant Isolation Logical isolation between different client/system environments. |
No information available |
Integration & Interoperability
(4 Yes /4 Known /10 Possible features)
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Open API Availability Publicly documented APIs for extensible integrations. |
API access for regulatory integration is expected for extensibility. | |
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Standard Data Format Support Import/export in regulatory or industry standards (FIX, ISO 20022, XBRL, CSV, etc.). |
Standardized data format support is a necessity for regulatory compliance tools. | |
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Plug-in Architecture Add new modules with minimal development effort. |
No information available | |
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Outbound Webhook Support Trigger external workflows or third-party downstream systems. |
No information available | |
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Pre-built Integrations Native affordances for connecting with major core brokerage/financial/CRM platforms. |
Integration with financial and CRM platforms/natively supported integrations is mentioned or implied. | |
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Legacy System Compatibility Data and process integration with older or on-premise systems. |
No information available | |
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API Security (e.g. OAuth2, mTLS) Adherence to industry-standard secure authentication and encryption in API calls. |
Industry-standard API security (OAuth2, mTLS) is the norm in this sector. | |
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File Transfer Protocol Support SFTP, FTPS, and similar protocols for batch data movement. |
No information available | |
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Data Mapping Tools Graphical UIs or scriptable tools for mapping and transforming data fields. |
No information available | |
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Extensible Web Services SOAP/RESTful web services for custom integrations. |
No information available |
Usability, Support & Maintainability
(3 Yes /3 Known /10 Possible features)
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Intuitive User Interface Accessible, clearly organized screens and workflows. |
No information available | |
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Contextual Help and Guides Embedded instructions, tool-tips, and support for business processes. |
No information available | |
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Self-service Administration Non-technical users can configure key solution features without vendor support. |
Administrative features are often self-service for non-technical compliance staff. | |
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Automated Software Updates Receive and apply new releases with minimal manual intervention. |
SaaS compliance platforms often include automated software updates. | |
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24/7 Vendor Support Access to technical and regulatory experts at any time. |
No information available | |
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In-product Feedback Mechanism Users can report issues or suggest features directly in the application. |
No information available | |
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Customizable Dashboards User or team-specific homepages summarizing KPIs and exceptions. |
No information available | |
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Training & Onboarding Programs Comprehensive learning resources and workshops for new users. |
No information available | |
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Performance Monitoring Tools Dashboards for technical health and issue detection. |
No information available | |
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Multi-device Access Full functionality on desktop, tablet, and mobile devices. |
Modern SaaS solutions are designed for access across device types for compliance teams. |
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