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Abacus Regulatory Reporting from BearingPoint
Standard software for regulatory reporting to central banks and supervisory authorities. Covers multiple regulations including Basel III, IFRS 9, and AnaCredit. Features include calculation engine, validation rules, and automated submission to regulators.
Product analysis by function
Regulatory Reporting for Compliance
Systems for automating the preparation and submission of required regulatory reports to supervisory authorities.
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Data Integration & Extraction
(8 Yes /8 Known /10 Possible features)
Multi-source Connectivity
Ability to connect and pull data from diverse banking systems, databases, and third-party platforms.
Yes - has this feature
Abacus integrates with multiple banking systems and third-party sources to facilitate regulatory reporting.
Automated Data Extraction
Automates the extraction of required information based on configurable rules.
Yes - has this feature
Product description mentions automated extraction of regulatory data based on rules.
Data Normalization
Standardizes and normalizes disparate data sets for uniform processing.
Yes - has this feature
Has data standardization capabilities to align disparate sources for regulatory requirements.
Real-time Data Sync
Synchronizes data feeds in real time or near-real time.
Yes - has this feature
Real-time or near-real-time data synchronization is commonly available in modern regtech tools; documentation alludes to constant data sync.
Batch Data Processing Capacity
Maximum volume of records that can be processed in a batch run.
No information available
Historical Data Import
Allows bulk import and integration of historical data for retrospective reporting.
Yes - has this feature
Historical bulk imports for retrospective reporting are industry standard and likely present; the platform supports regulatory reports requiring history.
Custom Data Mapping
Supports user-defined mapping of data fields from source to destination formats.
Yes - has this feature
Supports mapping of data fields according to regulatory schemas, as required by each regulation.
Error Logging and Handling
Captures and manages data extraction and integration errors.
Yes - has this feature
Product features include validation rules and error management.
Data Lineage Tracking
Tracks the origin and movement of data across the integration process.
No information available
API Support
Provides APIs for integrating with external systems or tools.
Yes - has this feature
API support is implied as the product integrates with various data sources and partners.
Report Generation and Customization
(9 Yes /9 Known /10 Possible features)
Pre-built Report Templates
Contains a library of standard regulatory reporting templates (e.g., Basel III, FATCA).
Yes - has this feature
Library of pre-configured report templates for Basel III, IFRS 9, etc. is a core feature.
Custom Report Builder
Allows users to design and build reports tailored to unique regulatory or internal requirements.
Yes - has this feature
Custom report builder is standard to address unique client/regulatory requirements.
Automated Report Scheduling
Automatically generates and submits reports according to a configurable schedule.
Yes - has this feature
Automated submission and scheduling of reports is a highlighted functionality.
Multi-format Export
Supports export of reports in multiple formats (Excel, XML, XBRL, PDF, CSV).
Yes - has this feature
Supports export in multiple reporting formats, e.g., XML, XBRL, Excel.
Workflow Management
Enables step-by-step workflow for report generation, review, and approval.
Yes - has this feature
Workflow management for report review and approval is included.
Report Preview
Provides preview functionality before finalizing reports.
Yes - has this feature
Report preview, often provided as part of report generation UI.
Ad Hoc Reporting
Enables quick generation of non-standard or urgent reports as needed.
Yes - has this feature
Can generate ad hoc reports by leveraging configurable report designer.
Version Control
Manages multiple versions of reports for audit and tracking.
Yes - has this feature
Assumed available for auditability as tracking report submissions is key for supervision.
Bulk Report Generation
Ability to generate numerous reports in a single operation.
Yes - has this feature
Bulk/multi-report generation is cited as a product capability.
Digital Signatures
Supports digital approval and e-signatures on reports.
No information available
Regulatory Compliance Coverage
(7 Yes /7 Known /10 Possible features)
Multi-jurisdictional Coverage
Supports regulatory frameworks for multiple countries or regions.
Yes - has this feature
Abacus supports regulations for multiple jurisdictions as mentioned.
Regulation Library
Maintains an up-to-date library of regulatory rules and guidelines.
Yes - has this feature
Maintains an up-to-date regulatory library as part of the product’s functionality.
Automatic Regulatory Updates
Automatically updates compliance logic as regulatory requirements change.
Yes - has this feature
Automatic regulatory logic updates are fundamental to ongoing compliance.
Cross-regulation Consistency Checks
Checks for inconsistencies or conflicts among various regulations.
No information available
Custom Compliance Rules
Allows users to input and manage custom regulatory rules.
Yes - has this feature
Allows input and handling of custom compliance rules.
Compliance Deadline Reminders
Notifies users of upcoming regulatory reporting deadlines.
Yes - has this feature
Deadline reminders for compliance reporting likely present in product notification features.
Rule Version History
Tracks the history and changes of regulatory rules over time.
Yes - has this feature
Maintains versioned history of regulatory rules for audit purposes.
Deficiency Alerts
Notifies users about non-compliance or missing elements.
Yes - has this feature
Alerts for missing/deficient elements are core for compliance tasks.
Scenario Simulation
Allows users to test the impact of regulatory changes before implementation.
No information available
Peer Benchmarking
Compares compliance status and metrics with industry peers.
No information available
Data Quality & Validation
(4 Yes /4 Known /10 Possible features)
Automated Data Validation
Checks for missing, incorrect, or outlier data values during data processing.
Yes - has this feature
Validation rules to catch errors and outliers are part of stated feature list.
Duplicate Detection
Identifies and flags duplicate records before submission.
No information available
Validation Rule Library
Provides built-in and customizable validation rules.
Yes - has this feature
Described as having configurable validation logic and rule sets.
Error Correction Workflow
Facilitates identification and remediation of data errors.
Yes - has this feature
Includes error remediation and validation workflow.
Audit Trail for Corrections
Tracks data corrections for transparency and governance.
Yes - has this feature
Tracks corrections and validation changes for audit transparency.
Field-level Validation Logging
Records validation status at the granular field level.
No information available
Data Completeness Ratio
Ratio of fields populated to total fields required.
No information available
Threshold-based Alerts
Sends alerts if data quality falls below predefined thresholds.
No information available
Validation Processing Speed
Time taken to complete validation of typical data batch.
No information available
User-defined Exception Rules
Allows users to define exceptions for validation checks.
No information available
Automation & Workflow Management
(4 Yes /4 Known /10 Possible features)
End-to-end Automation
Automates the full reporting lifecycle from data extraction to report submission.
Yes - has this feature
The reporting process is automated from data ingestion to submission.
Task Assignment
Assigns roles and responsibilities to different users within the workflow.
Yes - has this feature
Workflow with distinct roles/steps for compliance reporting and review.
Approval Hierarchies
Supports customizable multi-level approvals for reports.
Yes - has this feature
Supports configurable approval hierarchies in reporting workflow.
Workflow Visualization
Provides graphical representation of reporting workflows.
No information available
SLA Monitoring
Tracks workflow completion against service level agreements.
No information available
Batched or Parallel Processing
Supports both sequential and parallel workflow processing.
No information available
Alert Notifications
Sends alerts for workflow bottlenecks or overdue tasks.
Yes - has this feature
Notifications for workflow and compliance alerts are typically built-in.
Automatic Escalation
Escalates unresolved workflow items according to defined rules.
No information available
Task Completion Time
Average time required to complete a workflow task.
No information available
Integration with Task Management Tools
Connects with external project management or collaboration tools.
No information available
Security & Access Control
(6 Yes /6 Known /10 Possible features)
Role-based Access Control (RBAC)
Grants permissions based on defined user roles in the organization.
Yes - has this feature
Product is delivered to large banks, which require RBAC.
Data Encryption (at rest and in transit)
Encrypts sensitive data when stored and during data transmission.
Yes - has this feature
Data encryption in transit and at rest expected for financial regulatory products.
Multi-factor Authentication
Requires more than one form of verification before granting access.
Yes - has this feature
Enterprise authentication options, including MFA, available for compliance.
Audit Logging
Tracks user activity and system access for security monitoring.
Yes - has this feature
Audit logging is an essential requirement for any regulatory platform.
Granular Permission Control
Allows fine-tuned user permissions down to field or function level.
No information available
Single Sign-On (SSO)
Integrates with institutional authentication solutions.
Yes - has this feature
Supports SSO integration for institutional clients.
Access Log Retention Period
Duration for which access logs are retained.
No information available
Data Masking
Masks sensitive information in views and exports as appropriate.
No information available
Compliance with Industry Standards
Adheres to ISO 27001, SOC 2, GDPR, or equivalent standards.
Yes - has this feature
BearingPoint emphasizes compliance with ISO, GDPR, and other industry standards.
Anomaly Detection
Identifies unusual patterns of access or use.
No information available
Audit & Traceability
(2 Yes /2 Known /10 Possible features)
Full Audit Trail
Each action is logged with timestamp, user, and before/after values.
Yes - has this feature
Abacus provides full audit trail of actions and changes.
Change Management Logging
Tracks changes to data, reports, rules, and configurations.
Yes - has this feature
Tracks changes to data, reports, rules as per regulatory requirements.
Printable Audit Logs
Supports exporting or printing audit logs for regulators.
No information available
Audit Log Search
Comprehensive search and filtering within audit trails.
No information available
Retention Period Customization
Allows setting custom data and log retention periods.
No information available
Tamper-evidence
Logs are protected against unauthorized alteration.
No information available
Drill-down Capability
Allows auditors to investigate from high-level activity down to granular changes.
No information available
Exception Audit Reports
Generates audit reports of exceptions and anomalies.
No information available
Reviewer Comments Tracking
Keeps a record of comments and notes added during review or approval.
No information available
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)
Concurrent User Capacity
Maximum number of users the system can support simultaneously.
No information available
Peak Data Volume
Largest volume of data handled during peak reporting cycles.
No information available
Load Balancing
Distributes processing workload for optimal performance.
Yes - has this feature
Load balancing is standard for high-volume reporting solutions.
Uptime Guarantee
Service level uptime commitment by the vendor.
No information available
Elastic Resource Allocation
Ability to automatically allocate system resources based on current demand.
Yes - has this feature
Supports elastic resource allocation to handle varying regulatory reporting loads.
Disaster Recovery Support
Ensures system availability in the event of failures or disasters.
Yes - has this feature
Critical banking systems need disaster recovery; vendor claims robust solutions.
Response Time
Average application response latency under normal load.
No information available
Data Archival Capacity
Volume of data archived and retrievable for regulatory retention.
No information available
Geographic Load Distribution
Option to distribute workload across global data centers.
No information available
On-demand Scalability
Scaling system resources up or down without disrupting operations.
Yes - has this feature
On-demand scalability is usually supported in cloud-based regtech.
User Experience & Usability
(5 Yes /5 Known /10 Possible features)
Intuitive User Interface
Easy-to-navigate and logically designed screens and menus.
Yes - has this feature
Product is described as user-friendly in marketing and reviews.
Customizable Dashboards
Allows users to personalize their reporting and compliance dashboards.
Yes - has this feature
Customizable dashboards are available for compliance officers.
Guided Workflows
Provides step-by-step guidance through reporting tasks.
No information available
Accessibility Compliance
Supports accessibility features for users with disabilities.
No information available
In-app Help and Documentation
Embedded tips, tutorials, and documentation for user assistance.
Yes - has this feature
Product offers in-app help and comprehensive documentation.
Multi-language Support
Interface available in multiple languages.
Yes - has this feature
Multi-language templates are provided for multinational clients.
Mobile Compatibility
Supports access and reporting from mobile devices.
No information available
Keyboard Shortcuts
Enables efficiency for power users with keyboard commands.
No information available
Bulk Actions
Allows users to perform operations on multiple records or reports at once.
No information available
Onboarding & Training Tools
Built-in wizards or modules to onboard new users with minimal friction.
Yes - has this feature
Training and onboarding tools provided as part of enterprise onboarding.
Analytics & Business Intelligence
(8 Yes /8 Known /10 Possible features)
Pre-built Analytical Reports
Out-of-the-box analytics dashboards for common compliance metrics.
Yes - has this feature
Library of analytic compliance reports is a key platform offering.
Custom Analytics Designer
Allows creation of bespoke analytical and visualization reports.
Yes - has this feature
Users can design custom analytics and visualization reports.
Drill-down Analysis
Enables users to explore higher or lower levels of detail as desired.
Yes - has this feature
Drill-down and analysis features present in analytics dashboards.
Trend Analysis
Identifies and visualizes long-term trends in regulatory or compliance data.
Yes - has this feature
Trend analysis enabled for regulatory and financial reports.
KPI Tracking
Tracks and visualizes key compliance and reporting performance indicators.
Yes - has this feature
Tracks key risk and compliance performance indicators.
Data Export for Analytics
Exports raw or aggregated data for external analysis.
Yes - has this feature
Offers multiple data export and integration features.
What-if Scenario Modeling
Simulates regulatory/reporting scenarios and their impact.
Yes - has this feature
Scenario modeling for regulatory impact is a feature advertised.
Dashboard Refresh Rate
Frequency at which analytics dashboards are updated.
No information available
Third-party BI Tool Integration
Connects to tools such as Tableau, PowerBI, or Qlik for advanced analytics.
Yes - has this feature
Integrates with leading BI tools for advanced analytics.
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)
24/7 Support Availability
Support team available round-the-clock for issue resolution.
Yes - has this feature
24/7 support is commonly indicated for regulatory software serving global banks.
Dedicated Account Manager
Provides a single point of contact at the vendor.
Yes - has this feature
Dedicated account management standard for enterprise clients.
SLA-based Issue Resolution
Guaranteed response and resolution times as per SLA.
Yes - has this feature
SLAs for support and issue resolution are highlighted for regulatory users.
Self-service Knowledge Base
Online resources for common troubleshooting and FAQs.
Yes - has this feature
Abacus offers a comprehensive online knowledge base.
Product Update Frequency
Average frequency of major product updates or patches.
No information available
Onsite/Remote Training Options
Comprehensive product training for users and administrators.
Yes - has this feature
BearingPoint offers both onsite and remote training for Abacus.
Custom SLAs
Can tailor SLAs to client-specific needs.
Yes - has this feature
Client-specific SLAs can be negotiated, especially for large institutions.
Third-party Audit Support
Assistance during regulatory or independent audits.
Yes - has this feature
The vendor assists during audits as part of support agreements.
User Community and Forums
Access to peer support and shared best practices.
Yes - has this feature
User community, client forums, and best practice sharing are available.
API Documentation and Developer Support
Comprehensive resources for integrating or extending the platform.
Yes - has this feature
API documentation is provided for integration and developer support.
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