Good news! RIKING helped a foreign-funded legal person bank to successfully submit the "Unified Regulatory Data Report"!
On March 20, RIKING helped a foreign-funded corporate bank successfully submit the "Unified Regulatory Data Report", achieving a major breakthrough in the standardization of regulatory data, and playing a major role in the comprehensive promotion of the "Unified Regulatory Data Report" in the banking industry.
Breaking Through with Zero References: Multi-technology Stack Integration Aids the "Unified Regulatory Data Report" Challenge
As a pilot bank for the "Unified Regulatory Data Report" system, the foreign-funded legal person bank basically had no references for the system construction. RIKING, as the core technology partner for this project, relied on its over ten years of professional accumulation in the regulatory technology field and integrated the needs of almost all business departments of the bank to formulate a rational and unified "Regulatory Requirement Management Matrix". Faced with the complex technical architecture of the reporting area and the trusted area, RIKING customized an efficient and reliable "Unified Regulatory Data Report" reporting solution for the bank through the combination of multiple technology stacks and high-performance distributed databases.
Full-Cycle Support: Comprehensive Safeguarding from Business Consulting to Trusted Zone Construction
To ensure the high-quality and high-standard launch and operation of the "Unified Regulatory Data Report" system, RIKING has been committed to the project from the initial business consulting to the subsequent trusted zone construction and system launch. Throughout the process, RIKING optimized the code, established a performance issue tracking matrix, and achieved a closure rate of over 90% for code defects in the development stage. Ultimately, RIKING overcame numerous challenges and successfully enabled the data reporting of the "Unified Regulatory Data Report" system.
Core Capabilities of RIKING's "Unified Regulatory Data Report" Delivery:
- Policy Interpretation Capability: Relying on the industry research team to build a policy-business mapping model.
- Full-Stack Technical Support: Self-developed capabilities cover the entire lifecycle from data collection to reporting monitoring.
- Experience in Implementing Complex Scenarios: Establishing a standardized problem response mechanism to effectively handle the challenges of heterogeneous system integration and data governance.
- Elastic Architecture Design: Adopting a modular function configuration strategy to support dynamic loading of business rules and hot updates of functions.
- Trusted Zone Construction Ecosystem Collaboration: Collaborating with trusted zone construction providers to achieve rapid deployment of a secure and compliant environment through interface pre-adaptation and standardized delivery processes.
Paradigm Shift in the Regulatory Data Value Chain: From Fragmented Management to Penetrative Governance
During the construction of the "Unified Regulatory Data Report" system, RIKING collaborated with the foreign-funded bank to upgrade the regulatory data system. By reconstructing the data processing logic and reporting architecture, significant improvements were made in data timeliness and regulatory compliance efficiency, forming a sustainable regulatory data governance framework.
The following technical paths were adopted to help the foreign-funded bank achieve its data governance goals:
- Data Architecture Reconstruction: Establish standardized data processing pipelines and implement layered modeling based on raw business data; through logical consistency validation mechanisms, generate financial base tables and risk indicator sets that meet regulatory requirements.
- Penetrative Regulatory Support: Build a data lineage tracking system to achieve bidirectional mapping between regulatory reports and underlying transaction data; adopt dynamic metadata management technology to ensure consistency between data processing rules and regulatory requirements.
- Reporting Model Innovation: Reconstruct the regulatory data system, design a unified reporting hub, unify regulatory data standards and data processing logic, and integrate data interface specifications for multiple regulatory authorities.
Unified Regulatory Data Report and Trusted Zone Services
Unified Regulatory Data Report System is referred to as "URDR" is an integrated unified regulatory data reporting platform for financial institutions, and is committed to providing efficient and reliable submission solutions.The system simplifies the complex submission process into an intuitive and easy -to -use operating experience through a task -oriented single -page operation interface, which significantly improves the user's work efficiency.URDR is unique in the data verification function of the front -facing trusted zone, and integrates a table to transfer EAST/1104 and the differential comparison module.This design is conducive to ensuring the accuracy and integrity of the data, thereby meeting strict regulatory requirements.The system can check data and generate reports to help financial institutions complete data reporting tasks efficiently and compl out.
Features
Verification engine
Unified regulatory data reportion have five sexual verification, one table is verified with 1104 and EAST, the total score is verified, and the sectarian verification;
Visual data quality monitoring
Support the display and monitoring of data quality indicators such as air value rate, cross -term comparison, and early warning value.
Synchronous Trusted Zone data conversion
Synchronous Trusted Zone data conversion function: Trusted Zone transit EAST, 1104, customer risk; other data interaction services. After the conversion, EAST, 1104, customer risk data verification.
Visual operation and maintenance monitoring
Monitoring of operation and maintenance indicators such as system memory, server operation performance and efficiency.
Future Capability Deepening: Continuous Evolution from Full-Chain Auditing to Trusted Ecosystem Collaboration
Based on the in-depth application practice of the "Unified Regulatory Data Report" system, RIKING will continue to iterate three major service capabilities in the regulatory reporting field. By outputting replicable implementation experience and toolchains, RIKING will continuously improve the maturity of financial institutions' regulatory data governance and promote the establishment of a more robust regulatory reporting system in the financial industry.
Continuous iteration of the three major service capabilities in the regulatory reporting field:
- Data Governance Capability: Develop a standardized implementation system for regulatory indicators, adapt to domestic and international financial regulatory frameworks, build dynamic data quality validation models, and achieve full-chain auditing of reported data.
- System Architecture Capability: Develop a self-adaptive reporting rule engine to support dynamic configuration of templates for multiple regulatory authorities; improve the gray release mechanism to ensure business continuity during system iteration.
- Ecosystem Collaboration Capability: Establish a regulatory technology solution repository, deepen technical cooperation with trusted zone construction providers, and continuously optimize the deployment efficiency of trusted zones.
With the accelerated promotion of "Unified Regulatory Data Report " RIKING will help more financial institutions achieve efficient and stable data reporting, and accelerate the financial industry's entry into a new era of intelligent regulatory reporting.
