SQL Power has implemented its pre-engineered, eSignature ready regulatory platform at the Cayman Islands Monetary Authority (CIMA) to handle collection, analysis, and reporting of prudential returns and entitlements data submitted to CIMA by up to 40,000 of its regulated financial entities, across Banking, Trusts, Insurance and Hedge-Fund categories. The solution unifies and streamlines CIMA's regulatory operations across all sectors.
Deposit Insurance Corporation of Ontario (DICO, a major Canadian Regulator responsible for protecting depositors and monitoring the financial health of deposit-taking institutions within its jurisdictions) has deployed into production SQL Power's web-based forms architecture for tagging corporate financial filings with Extensible Business Reporting Language (XBRL) - the new electronic standard for managing and sharing financial data and business information.
Trinidad and Tobago Securities and Exchange Commission (TTSEC) projects a vision "to be an effective regulator fostering confidence in the securities industry." In their efforts to materialize their vision, TTSEC has adopted SQL Power’s supervision management framework for their Centralized Repository and Registration System (CRRS). They now interface with their industry clients representing hundreds of regulated entities though our secure, single point of access platform to process all applications and requests.
“With a competitor’s solution, CIMA spent 4 years and $4.0 Million to automate 2 returns; while with the SQL Power solution we were able to automate 38 returns in 6 months for less than half the price.”
- Chuck Thompson
Head of Information Systems Division, CIMA
Below is a representation of our client base across major verticals from Banking Supervision and Solvency Regulation through to Telco, Banking, Broadcasting, Retail and Pharmaceutical: