Novatus En:ACT:
Ensuring AccurateCompleteTimely
Transaction Reporting
A fully scalable technology platform trusted by major global firms to reconcile both source systems and submission files and for all G20 transaction reporting regimes.
Modular Global Coverage
Full G20 Coverage, delivered in modules for ease of scalability.
A purpose built SaaS platform to ensure firms report in an accurate, timely and complete manner, avoiding fines and remediation programmes.
En:ACT was developed to ensure firms meet their global reporting requirements without the need for ongoing remediation programmes.
- Our proprietary compliance rules engine can test 100% of trades, and 100% of fields, against all global regimes, and is fully maintained by our in-house team of experts
- We ensure demonstrable compliance by providing clear linkage back to the underlying regulatory text
- Using the Novatus eligibility logic to determine transaction eligibility provides and independent view of which transactions are reportable, and to which jurisdictions
- This means we can independently assess each transaction to ensure no over-or under-reporting, no matter where the trade data originates from
- Providing insight into whether transactions have been reported on time, based on the reporting deadline for each reportable jurisdiction
Our platform has been purpose-built to solve the challenges our clients have faced over years of error reporting and remediation. We understand the challenges and our clients – that is why we are trusted by global banks and asset managers.
Award-winning technology combined by our team of dedicated Transaction Reporting subject matter experts
A robust framework that ensures firms can demonstrate robust controls in the most effective manner
Accurate, timely and complete reporting over 100% of fields and 100% of trades with results delivered in 12 to 48 hours
Fully pre-built and tailored reporting suite including relevant metrics & KPIs displayed – all displayed in real-time
Flexibility that allows us to provide bespoke technology & managed service solutions to meet requirements
A team of dedicated Transaction Reporting subject matter experts to augment your team with technical capability
Allowing for rapid implementation with data hosted locally in your region to meet stringent information security controls
Full G20 regime coverage, delivered in modules for ease of scalability and management of cost profile
Established in 2019, Novatus En:ACT was built in collaboration with a major global banking group, with the goal of solving clients’ most significant Transaction Reporting challenges that persisted with existing market solutions.
Built as a pure SaaS solution upon AWS infrastructure, it is scalable, rapidly deployable and is fully interoperable to existing technology, structures & processes.
