Regulatory Support Web-based Message Entry & Repair Solutions for SWIFT Messaging Batch to Real-Time Connectivity Service Provider Connectivity

Regulatory Compliance A Brief Overview The financial industry has come under ever more invasive scrutiny and regulation in the last few years. New pressures on business and IT staff coming from The Patriot Act, The Sarbanes-Oaxley Act, FAS 123/148, and Basel II, are stretching resources thin in meeting implementation requirements. Furthermore, certain lines of business have additional or specific rules with which they must comply, such as MSRB's G14 rule for the reporting of municipal debt instrument trades within fifteen minutes. Every company faces the decision to "buy or build" when planning for compliance. Volante offers essential building blocks to aid in either the internal build of a compliance system, or in implementing a vendor's application solution. Some of the compliance systems require the gathering together of data on disparate systems in multiple formats, while other compliance systems require a specific messaging format to and from a regulatory entity. In either case, Volante's product suite can play a key role in the successful implementation of any compliance system. Volante's MSRB Solution The MSRB (Municipal Securities Rule Making Board) is implementing its Rule G14 processing system using the Volante product suite for the management and transformation of the inbound trade messages and the outbound MSRB responses. Using Volante's building blocks, the MSRB created a series of unique messages based upon the ISO 15022 standard. As a result of the work at MSRB, Volante is able to offer to the marketplace a turn-key solution for reporting municipal securities trades to the MSRB. We invite you to contact us for more details. Addressing Regulatory Challenges Using Volante Volante's product suite can automate (through model design and automatic code generation) many of the business analysis and IT development steps required to implement a compliance system. Almost all of the regulatory compliance systems require that data be accessed from multiple sources, scrubbed, re-formatted, and delivered to application processing systems. Volante's unique modeling tool and the automatic generation of code facilitate true collaboration between business and IT staffs to work productively and efficiently. We invite you to contact us to discuss how Volante can address your requirements. Top