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Risk and regulatory reporting platform for insurers that enables integrated compliance management. Features include regulatory change tracking, automated workflows, real-time dashboards, and comprehensive reporting capabilities. Supports insurance regulatory frameworks including Solvency II, IFRS 17, and local regulatory requirements.
Software that automates the preparation and submission of required regulatory filings, ensuring accuracy and timeliness of information provided to insurance departments.
More Regulatory Reporting Tools
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Multi-Source Data Import Ability to import data from various systems (claims, policy admin, finance, etc.). |
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Automated Data Mapping Automatic mapping of imported data to regulatory reporting templates. |
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Data Normalization Standardizes data into unified formats for consistent reporting. |
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Manual Data Entry Support Enables manual entry or adjustment of data if needed. |
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Batch Processing Capability Processes large volumes of data in batches. |
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Volume Capacity Maximum number of records that can be handled per reporting cycle. |
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Duplicate Data Detection System flags duplicate data entries during integration. |
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Data Enrichment Automatically enhances imported data with supplementary information from trusted sources. |
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Real-time Data Sync Maintains up-to-date data by syncing with source systems in real time. |
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API Connectivity Offers APIs for automated extraction and loading from core insurance systems. |
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Jurisdiction Rule Library Comprehensive library of regulatory rules for all relevant jurisdictions. |
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Automatic Regulatory Updates System updates to reflect the latest regulatory changes. |
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Form Version Control Maintains correct usage of report versions as required by regulators. |
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Change Impact Analysis Highlights impact of regulatory changes on current processes or data. |
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Statutory Reporting Templates Pre-built templates for common statutory filings (NAIC, Solvency II, etc.). |
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Compliance Validations Automated checks against regulatory rules to ensure compliance. |
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Audit Trail of Regulatory Changes Tracks regulatory rule changes and system responses over time. |
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Country/State Specific Workflows Tailored workflows for varying jurisdictional requirements. |
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Exemption Handling Management of circumstances and documentation where exemptions apply. |
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Regulatory Calendar Visualizes filing deadlines and regulatory event schedules. |
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Automated Filing Generation Creates mandatory reports without manual intervention. |
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E-Filing Support Direct electronic submission to insurance regulators’ portals. |
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Bulk Filing Capabilities Handles multiple filings simultaneously for large insurers. |
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Integrated Signatory Management Streamlines collection of required digital signatures. |
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Report Scheduling Ability to schedule generation and submission of filings. |
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Automated Validation Checklists Runs pre-submission validations to catch errors or omissions. |
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Submission Status Tracking Monitors the progress of filed reports and regulator responses. |
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Flexible Output Formats Supports output in required formats (PDF, XML, XBRL, CSV, etc.). |
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Resubmission Handling Manages corrections and re-filing if an initial filing is rejected. |
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Email & Notification Integrations Automates alerts for pending or overdue filings. |
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Detailed Audit Logs Tracks every system and user action for complete transparency. |
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User Action Tracking Links changes in reports to individual users. |
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Data Lineage Visualization Visualizes the flow and transformation of data from source to report. |
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Time-Stamped Change History Provides time and date stamps for all edits and submissions. |
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Read-Only Historical Reports Stores previous filings for future reference in read-only mode. |
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Exportable Audit Trails Offers audit logs in exportable formats for regulators or auditors. |
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Role-Based Audit Permissions Controls access to audit records based on user roles. |
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Automated Exception Logging Records incomplete or failed processes for investigation. |
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Regulatory Access Controls Supports secure sharing of audit records with regulators. |
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Tamper Detection Detects and reports any unauthorized alterations to records. |
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Automated Data Quality Checks Systematic validation of data accuracy and completeness. |
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Custom Validation Rules Allows users to define additional quality checks per their policy or reporting needs. |
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Anomaly Detection Detects out-of-range or unexpected data values. |
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Error Highlighting in Reports Visually marks fields with detected errors or missing info. |
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Data Completeness Dashboard Provides visual metrics of data quality status. |
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Validation Coverage Number of unique validation rules enforced. |
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Duplicate Record Elimination Automatically identifies and eliminates duplicate records. |
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Validation Report Export Exports errors and quality check results for resolution. |
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Interactive Error Resolution Allows users to review and fix validation issues inline. |
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Audit of Validation Failures Tracks and logs all failed validations. |
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Role-Based Access Control (RBAC) Enforces permissions based on user roles (admin, preparer, approver, auditor, etc.). |
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Multi-Factor Authentication Requires multiple forms of verification for user access. |
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End-to-End Encryption Encrypts data both in transit and at rest. |
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Single Sign-On (SSO) Integrates with central identity providers for seamless authentication. |
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Granular Data Permissions Defines access at the field, report, or function level. |
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Activity-Based Session Timeouts Logs users out after predefined inactivity. |
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Access Attempt Logging Records successful and failed login attempts. |
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IP Whitelisting/Blacklisting Restricts access to specified locations or devices. |
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User Group Management Organizes users into groups for streamlined permissions management. |
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Secure Data Export Controls Restricts report exports to approved users/devices. |
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Custom Workflow Design Allows administrators to create and edit reporting workflows. |
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Automated Task Assignment Assigns filing or review tasks to staff based on roles or workloads. |
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Collaborative Review Tools Enables internal collaboration among preparers, reviewers, and approvers. |
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Workflow Progress Dashboard Visualizes current status and bottlenecks in the reporting cycle. |
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Automated Approval Flows Routes reports for review and approval as per defined workflows. |
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Workflow Templates Standardized, reusable processes for frequent reports. |
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Task Escalation Logic Automatically escalates overdue or rejected tasks to supervisors. |
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Workflow Customization Limits Number of customizable workflow steps. |
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Dynamic Role Assignment Reallocates responsibilities based on staff availability. |
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Versioned Approval Chains Tracks approval versions for each filing iteration. |
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Intuitive Dashboards User-friendly dashboards summarizing tasks, statuses, and deadlines. |
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Guided Workflows Step-by-step guides through each stage of reporting. |
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Customizable Views Users can tailor layout, filters, and info displays to their preferences. |
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Accessibility Compliance Meets accessibility standards (e.g., WCAG, Section 508). |
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Multi-Lingual Support Offers interface in multiple languages. |
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Mobile Optimization Fully functional on mobile and tablet devices. |
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Contextual Help & Tooltips Embedded help resources for common issues or fields. |
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Error Resolution Wizards Stepwise assistants for fixing common filing errors. |
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Personalized Notifications Customizable notifications and reminders. |
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Rich Documentation Hub Centralized manuals, how-to guides, and policy references. |
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Trend Analysis Identifies emerging patterns in compliance or filing activity. |
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Key Metric Dashboards Summarizes performance on critical compliance metrics. |
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Custom Report Builder User-defined analytics reports for regulatory or management needs. |
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Root Cause Analysis Helps identify reasons for validation errors or regulatory rejections. |
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Exportable Analytics Allows exporting reports and insights to various formats. |
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Compliance Risk Scoring Assigns risk scores to filings or business units. |
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Peer Benchmarking Compares performance with other insurers (if available). |
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Exception Reporting Highlights unusual or risky patterns for quick escalation. |
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Reporting Cycle Time Average time taken from data collection to filing. |
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User Productivity Metrics Shares statistics on user activity and efficiency. |
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24/7 Customer Support Round-the-clock access to technical assistance. |
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Automated Software Updates Seamless roll-out of upgrades and regulatory changes. |
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Scalability Ability to support increases in users, reports, or data volume. |
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Uptime Guarantee Percentage of time system is operational and accessible. |
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Performance Monitoring Automated monitoring and alerting for service disruptions. |
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Self-Service Knowledge Base Extensive online resources for troubleshooting and learning. |
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Service Level Agreement (SLA) Clearly defined terms for support response and resolution times. |
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Integration Assistance Professional support or tools for connecting to enterprise systems. |
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Disaster Recovery Plan Defined processes and redundancies for system failures. |
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Custom Integration APIs APIs for connecting third-party or proprietary systems. |
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Systems that identify, monitor, and mitigate risks related to internal processes, people, and systems, including incident tracking, control testing, and key risk indicator monitoring specific to pension operations.
More Operational Risk Management Software
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Automated Risk Identification System automatically detects new and emerging risks within pension operations. |
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Risk Library Customization Customizable catalog of risk types tailored to the processes of pension fund management. |
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Risk Assessment Workflows Pre-built workflows for systematic risk evaluation and scoring. |
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Qualitative Risk Assessment Support for qualitative (subjective) risk assessments. |
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Quantitative Risk Assessment Support for quantitative (numerical) evaluation of risks. |
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Inherent vs. Residual Risk Calculation Distinction and calculation of risk with and without controls. |
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Heatmap Visualization Graphical heatmaps for risk assessment results. |
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Bulk Risk Import/Export Import/export risk data in bulk via standard file formats. |
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Risk Scoring Customization Ability to define custom risk scoring and weighting rules. |
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Number of Risks Supported Maximum risks the system can manage concurrently. |
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Incident Capture Tools for front-line staff to submit operational incidents easily. |
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Incident Categorization Customizable fields to classify incident types, sources, and impacts. |
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Automated Incident Notification Automatic notifications to relevant personnel upon incident recording. |
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Root Cause Analysis Support Template-driven process for investigating and assigning incident causes. |
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Corrective Action Tracking Assign, monitor, and follow up on remediation actions. |
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Near-Miss Logging Ability to log and analyze near-miss events. |
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Loss Data Repository Centralized database for historical operational loss data. |
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Incident Resolution Time Average time taken to resolve an incident. |
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Attachment Upload Upload supporting documents or evidence to incidents. |
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Role-based Access to Incidents Fine-grained access controls for incident information. |
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Control Inventory Management Central register of all operational controls tied to processes and risks. |
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Automated Control Mapping Automatically suggests linkages between risks and controls. |
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Control Testing Campaigns Schedule and manage periodic and ad hoc control effectiveness tests. |
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Control Design & Operating Effectiveness Separate documentation and evaluation of design and operating effectiveness. |
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Sampling Methods for Testing Enables random or systematic sample selection for control testing. |
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Test Evidence Attachment Upload evidence files for each control test conducted. |
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Automated Test Reminders Alerts and reminders for upcoming or overdue control tests. |
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Control Weakness Management Logging and remediation workflows for failed control tests. |
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Segregation of Duties Detection Identifies potential conflicts in user duties within controls. |
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Number of Controls Supported Maximum controls the system can handle. |
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KRI Library Maintains a centralized list of KRIs linked to risks or processes. |
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Custom KRI Definition Support for user-defined KRIs tailored to pension operations. |
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Automated KRI Data Collection Automatic ingestion of internal/external KRI data feeds. |
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Thresholds and Escalation Rules Configurable threshold levels and escalation triggers when exceeded. |
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Historical KRI Trend Analysis Visualization and analysis of trends in KRI values over time. |
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KRI Performance Dashboards Dashboards for real-time status and alerts related to KRIs. |
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Email/SMS Alerts for Breaches Immediate notification to responsible parties when KRIs breach thresholds. |
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Integration with External Systems Ability to collect KRI data from third-party tools (e.g., HR, ITSM systems). |
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Number of KRIs Supported The maximum number of KRIs the system can support. |
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KRI Calculation Frequency The minimum interval at which KRIs can be updated/calculated. |
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Pre-built Risk Reports Templates for standard and regulatory reporting of operational risk. |
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Ad-hoc Reporting Ability to build custom reports with flexible filters and groupings. |
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Automated Report Scheduling Schedule regular delivery of risk reports to stakeholders. |
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Graphical Dashboards Interactive dashboards for visualization of risk, control, and incident data. |
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Export to PDF/Excel/CSV Exports reports in standard business formats. |
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Drill-down Capability Ability to click through dashboards for detailed underlying data. |
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Real-Time Analytics Near real-time updates of dashboards and reports. |
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Role-based Report Access Access controls for sensitive reports or dashboards. |
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Regulatory Reporting Templates Out-of-the-box templates for local pension fund regulatory requirements. |
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Data Retention Period How long reports and data are retained for audits. |
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Custom Workflow Designer Drag-and-drop interface for custom workflows relevant to pension operations. |
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Automated Task Assignment Automatically assigns and notifies responsible staff for tasks. |
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Escalation Matrix Rule-based escalation of overdue or critical tasks. |
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Approval Routing Flexible approval chains for risk actions and exceptions. |
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Commenting & Collaboration Internal notes, comments, and tagging for improved collaboration. |
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Calendar Integration Sync with corporate calendars for reminders and deadlines. |
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Workflow Runtime Performance Average time to execute automated workflow steps. |
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Pre-built Pension Workflows Library of sample risk management workflows tailored to pension funds. |
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Workflow Audit Trails Complete log of workflow activities and task handovers. |
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User Notification Preferences Customizable notification methods per user or group. |
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Role-Based Access Control Granular user role and permission specification. |
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Single Sign-On (SSO) Supports enterprise authentication (e.g., SAML, OAuth2). |
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Multi-factor Authentication (MFA) Requires an additional verification step for logins. |
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Data Encryption At Rest All stored data is encrypted. |
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Data Encryption In Transit Data transmissions are encrypted end-to-end. |
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Audit Logging Complete and immutable logs of system and user actions. |
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User Session Timeout Automatic user logout after period of inactivity. |
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IP Whitelisting Restrict access to specific IP address ranges. |
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Data Masking Sensitive fields are masked from unauthorized users. |
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GDPR/Privacy Compliance Features Enables privacy rights requests, consent tracking, and data portability. |
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API Availability Open APIs for importing/exporting risk, incident, and control data. |
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Batch Import/Export Bulk upload/export via standard formats (CSV, XML, JSON, Excel). |
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Pre-built Integrations Ready-made connectors for common pension or ERP platforms. |
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Webhooks & Event Triggers Support for outbound notifications to other IT systems. |
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Real-Time Data Sync Bi-directional updates with other systems in near real-time. |
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Custom Field Mapping User-defined field mapping for data transfer. |
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Flat File Transfer Scheduling Automated batch file exchange by schedule. |
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Number of Integration Endpoints Supported Maximum number of simultaneous third-party endpoints. |
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Integration Latency Average delay between event and data availability in system. |
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Data Validation Rules Customizable validation checks for inbound data. |
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Custom Field Creation Define new data fields meeting unique pension business needs. |
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Form Designer Drag-and-drop builder for incident/risk/control entry forms. |
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Localization (Language & Currency) Supports multiple languages and currencies used by pension funds. |
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Mobile Access Native or web-optimized apps for incident and risk management on-the-go. |
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User Training Documentation Comprehensive help guides and onboarding materials included. |
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Accessibility Compliance Meets standards (e.g., WCAG) for disability access. |
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System Navigation Speed Average time for page-to-page navigation. |
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Configurable User Dashboards Users can personalize home screens with relevant widgets. |
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Bulk Data Edit Edit multiple records at once via bulk actions. |
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Search & Filter Tools Advanced search and filter options across all data modules. |
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Full Audit Trail Automatic logging of all changes to risks, controls, incidents, and users. |
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Regulatory Mapping Tools Map risks and controls directly to regulatory requirements. |
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Attestation Workflow Facilitates routine sign-off by control/process owners. |
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Audit Evidence Repository Centralized location for storing audit documentation. |
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Custom Compliance Checklists User-defined checklists for regulatory or procedural checks. |
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Automated Compliance Alerts Automatic notifications of non-compliance or overdue certifications. |
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Audit Scheduling Calendar-based planning for audits and reviews. |
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Findings Management Tracking, remediation, and reporting on audit findings. |
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On-demand Audit Reports Generate audit-ready documentation instantly. |
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Number of Audit Logs Retained How many audit trail entries are retained per record. |
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