Novatus En:ACT

UAT Testing

En:ACT’s UAT testing enables firms to test their submission files to minimise mis-reporting which may be caused by organisational or regulatory change.

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Advantages:

Accuracy

En:ACT independently validates the accuracy of test files by performing thousands of tests across all fields. This is available for all global reporting regimes.

This ensures the submission file is comprehensively tested prior to any organisational or regulatory change, minimising both errors and potential back reporting (prior to go-live).

Completeness

En:ACT independently assesses the test file to identify any potential instances of over- and under-reporting.

Timeliness

En:ACT independently assesses the test file to identify any transactions that would be reported outside of required timeframes.

Real-Time Feedback with Unlimited Uploads

Clients can upload files as frequently as they wish to obtain real-time feedback on their submissions.

Full Transparency for Precise Error Identification

Full transparency enables firms to precisely identify the error on a transaction and field basis, with clear linkage to the underlying regulation to understand why the error is occurring.

Focus on Fixing, Not Finding Issues

The platform is built to enable firms to focus on fixing issues instead of a constant cycle of working out what has gone wrong.

Compliance Engine Tests All Trades and Fields

The platform’s Compliance Rules Engine runs thousands of tests across 100% of trades and 100% of fields, covering all G20 reporting regimes.

Single Platform for Issue Resolution

In-built workflow facilitates issue resolution through a single platform.

24-Hour Submission Health Checks

Comprehensive health checks on submission files can be completed in less than 24 hours.

Robust Security Infrastructure

Entirely AWS Hosted.