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Enables real-time compliance monitoring, manages regulatory obligations, surveys, policy attestations, risk assessments, and automates compliance reporting for pension fund managers.
Systems that continuously monitor operations against regulatory requirements and internal policies, providing alerts for potential compliance issues and maintaining audit trails of compliance activities.
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Automated Rule Engine A configurable engine that checks activities and transactions against current regulations. |
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Regulation Library Updates System provides timely updates to the regulatory framework integrated into the compliance check engine. |
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Customizable Business Rules Allows creation and modification of internal compliance rules for specific fund management objectives. |
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Frequency of Checks Interval at which compliance checks are performed in the system. |
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Multi-Jurisdictional Support Supports compliance monitoring across multiple regulatory jurisdictions. |
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Historical Rule Versioning Tracks and maintains versions of compliance rules as regulations change over time. |
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Granular Exception Handling Ability to set threshold-based alerts and manage exceptions at detailed levels. |
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Scenario Testing Simulates fund activities to test compliance with anticipated regulatory changes. |
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Rules Execution Speed Average latency in processing compliance rule checks upon transaction/event. |
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Automated Regulatory Filing Support Automatically prepares and/or submits required compliance-related filings to relevant authorities. |
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Custom Alert Thresholds Administrators can define alert sensitivity and escalation paths. |
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Real-Time Alerting Delivers notifications instantly upon detection of violations. |
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Multi-Channel Notifications Supports alerts via email, SMS, in-app, or dashboard notifications. |
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Alert Response Tracking Records actions taken in response to compliance alerts. |
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Notification Time to User Average time from breach detection to notification delivery. |
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Escalation Matrix Support Automates escalation of unresolved or critical alerts to higher authorities. |
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Alert Customization Level Degree to which alerts can be tailored by user or event type. |
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Mobile Notification Support Ability to push compliance alerts to mobile devices. |
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Comprehensive Audit of Alerts Maintains a history log of all alerts, notifications sent, and responses. |
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False Positive Rate Proportion of alerts triggered incorrectly. |
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Immutable Audit Logs Logs are secured from alteration, ensuring an accurate record of compliance activities. |
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Granularity of Logging Level of detail recorded in compliance logs. |
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Log Retention Policy Configuration Ability to define custom retention periods for audit trails. |
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User Activity Tracking Monitors individual actions within compliance systems for accountability. |
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Timestamp Accuracy Degree of precision in log timestamps. |
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Export Capabilities Ability to export logs in multiple formats (CSV, JSON, PDF) for external audits. |
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Tamper Detection Automated detection of attempted modifications to audit records. |
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Segregation of Duties Monitoring Tracks and enforces separation between compliance tasks to mitigate risk. |
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Automated Log Archiving Scheduled archiving of older audit logs for storage optimization. |
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Pre-Built Regulatory Templates Offers templates for common regulatory reports required by pension fund agencies. |
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Custom Report Builder Allows bespoke report creation based on internal or emerging requirements. |
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Scheduled Report Generation Supports automatic report creation on predefined schedules. |
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Regulatory Filing Formats Supported Number of supported output formats (e.g., XBRL, PDF, XML). |
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E-Filing Integration Direct integration with regulator e-filing portals. |
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Submission Error Detection Identifies and highlights possible errors or omissions prior to regulatory submission. |
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Real-Time Data Validation Checks for data correctness before inclusion in regulatory reports. |
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Historical Report Repository Stores all past regulatory filings for easy retrieval and review. |
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Automated Change Logs for Reports Maintains records of edits to regulatory reports prior to submission. |
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Central Policy Repository A centralized and secure platform for all compliance policies. |
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Version Control Tracks changes and maintains previous versions of policies. |
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Automated Enforcement of Policies Automatically applies internal policy rules to operational workflows. |
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Policy Acknowledgement Tracking Monitors and records acknowledgment of policy reviews by staff. |
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Policy Review Reminders Automated notifications to review and update policies periodically. |
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Policy Coverage Scope Number of functional areas (e.g., trading, reporting, HR) governed by policies. |
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Role-Based Policy Access Controls access to policy documents by user roles. |
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Audit Trail of Policy Changes Logs all modifications made to policies. |
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Search and Retrieval Full-text search within all compliance policies. |
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Role-Based Access Control Enforces permissions and restrictions based on user roles. |
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Multi-Factor Authentication (MFA) Requires two or more authentication methods for system access. |
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Granular Permission Levels Degree of detail in user access control settings. |
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Automated Access Reviews Schedules and manages regular reviews of access permissions. |
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Access Log Tracking Maintains comprehensive logs of user login and activity. |
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Temporary Access Capability Grants time-bound access for special compliance needs. |
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Segregation of Duties Enforcement Automatically prevents assignment of incompatible roles. |
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Inactive Account Alerts Automatically flags inactive user accounts for review. |
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Data Encryption At Rest Encrypts sensitive data stored in the system. |
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Data Encryption In Transit Protects data as it moves across networks. |
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Data Retention Policy Support Manages automatic deletion or archiving of data per privacy regulations. |
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PII (Personal Identifiable Information) Detection Automatically identifies and flags storage of PII within compliance records. |
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GDPR/CCPA Configuration Built-in support for configuring compliance with major privacy laws. |
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Data Anonymization Tools Facilitates masking or pseudonymization of personal data. |
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Security Event Monitoring Continuous monitoring of system access and data changes for security threats. |
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Data Breach Response Workflow Pre-defined steps and notification process in case of detected data breach. |
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API Availability Public and documented APIs for integration with third-party applications. |
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Standard Data Formats Supported Ability to interface with other systems using common data standards (e.g., CSV, XML, JSON). |
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Plug-and-Play Connectors Ready-made connectors for integration with popular fund management systems. |
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Batch Data Import/Export Supports bulk data exchange with external systems. |
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Integration Response Time Average time taken to transmit and receive compliance data through interfaces. |
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Webhooks Supports real-time notification and integration events via webhooks. |
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Compliance Portal Integration Direct links to regulatory agency portals for streamlined compliance submissions. |
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Data Mapping Flexibility Ability to configure mapping for third-party data to internal system fields. |
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Customizable Dashboards Personalized dashboards per user or team. |
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Compliance KPI Tracking Visual display of key performance indicators relevant to regulatory compliance. |
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Real-Time Data Refresh Rate Frequency at which dashboard data updates. |
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Drill-Down Analytics Ability to click through summary violations to investigate root causes. |
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Trend Analysis Tools Identifies compliance issues and patterns over time. |
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Custom Report Generation Ability to create bespoke analytic reports. |
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Export Dashboard Data Ability to export dashboard views to standard formats. |
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Dashboard Sharing Permissions Control who can view or edit dashboard data and layouts. |
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Sandbox/Test Environment Allows new compliance rules and changes to be tested before live deployment. |
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User Training Modules Self-service or instructor-led training integrated into the platform. |
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In-App Guidance Step-by-step instructions and tooltips to help users with compliance processes. |
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Change Management Workflows Structured procedures for managing compliance-related changes. |
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Change Approval Workflows Multi-level approval steps required before compliance changes go live. |
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Change Implementation Time Time taken to implement and roll out system changes. |
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Rule Impact Analysis Assessments on how a policy or rule change affects fund operations. |
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Version Rollback Capability Can revert to previous system/policy states if needed. |
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