SQL Power automates and simplifies every aspect of data collection, ensuring that only complete, consistent, and accurate data are ever submitted to the regulator, eliminating the need for manual reviews, rejections, and resubmissions.
Within seconds of an industry submission of a financial report, the system quickly assesses its adherence to predefined acceptable thresholds for key risk metrics and highlights any weak submissions by color-coding them with a red, yellow, or green indicator - thus prioritizing scarce analyst resources’ work and focusing them on likely problematic submissions.
Ensure effective data-driven oversight in your jurisdiction
Financial Regulation, Risk Mitigation and Offsite Monitoring rely heavily on high-quality data collection. Whether your organization is facing challenges like low data quality intake, obsolete data collection forms, or time-consuming manual financial data procedures, SQL Power automates and simplifies every aspect of data collection.
In a matter of weeks, SQL Power will replicate existing financial returns in our online Forms facility, make all required changes to meet current standards, add any missing validation rules and roll them out to your regulated entities. Effectively launching a system-wide standard and an automated web-forms based reporting platform that virtually eliminates the need for manual reviews, rejections and resubmissions.
Complete & Consistent Data Collection
SQL Power's interactive online form facility is embedded with business rules, assertions, and formulas that appear as values are filled in by the regulated entity. It highlights validation rules and warnings to minimize calculation errors or missing information in real-time as an industry user enters information ensuring that only complete, consistent, and accurate data is ever submitted to the regulator.
Within seconds of an industry submission of a financial report, the system quickly assesses its adherence to predefined acceptable thresholds for key risk metrics and highlights any weak submissions by colour-coding them with a red, yellow, or green indicator - thus prioritizing scarce analyst resources’ work and focusing them on likely problematic submissions.
SQL Power's Integration Hub
SQL Power's Integration Hub
The SQL Power Suite is the most robust and compelling regulatory solution on the market, delivering the ultimate in regulator flexibility, self-sufficiency, efficiency and transparency increasing the likelihood of timely successful intervention while providing all interested parties with the ultimate confidence in the regulated market.
Built for Progressive Financial Regulators across the globe, SQL Power’s Integration Hub gives supervisors the ability to consolidate all collected data from various sources and legacy systems into one centralized web portal. Effectively eliminating the need to retool your existing systems along with expensive data migration while still having access to all historic data.
The Integration Hub also gives financial supervisors the ability to support ongoing monitoring of regulated entities by extracting critical data directly from your supervised institution's backend systems using a data pulling approach; firing real-time alerts whenever key events are detected anywhere within your regulatory environment.
Explore how your organization can leverage our Integration Hub and the expansive implementation options that it provides.
SQL Power’s Data Collection module is designed to easily integrate with existing core CRM and governance systems, leveraging existing data and technology investment for seamless integration. Our solution can be configured to easily evolve with global onsite inspection standards and guidelines thus future-proofing your organization. Finally, our experienced team of engineers will work within your business scale to ensure that our implementation is smooth and functionally sound.
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