Please log in to view other pages.
What we are doing with finance industry regulations
Model Drivers has taken on the task of industrialising the worlds financial regulations. We are automating the hard parts of regulation using a new approach. ModelDR (Model Driven Regulation) brings automation and industrialisation to what is otherwise a costly, valueless overhead.
What do we mean by industrialisation?
Current Industrialised Regulation expression Natural language Semantically modelled Development process Regulator controlled Social, regulator facilitated Reports XBRL Semantic Events Change Manual process Model Driven Implementation IT Development cycle Auto generated Testing Largely manual Automated
Better understand the FCA Handbook
The Financial Conduct Authority in the UK has a comprehensive handbook. 
With Brexit and increasing complexity and scope there is a need for a more powerful way of finding information, as well as a need to simplify for a broader audience, people who would not have otherwise needed information from the handbook.
In this use case you will see the power of semantics for both human and machine readable access to complex regulations
Speed the implementation of new and changed regulations
Query, analyse and report on regulatory rules and in-house policies. Use powerful queries to find and analyse impacts.
In this case study we use the European Banking Authority (EBA) COREP And FINREP reports.
Drive down the cost and time of compliance
Reverse engineer legacy systems to understand their semantics. Align and harmonise internal systems and policies to regulatory requirements. Use this capability to automate and simplify the regulatory reporting process.
A complex and comprehensive regulatory reporting system has many testing challenges. These include the large volume of tests required, and the time and cost of creating appropriate test data. In many firms the scope and depth of testing is minimised to control costs, compromising managements confidence in the process.
Turn compliance and audit into value adding functions
Governance processes like compliance and audit are traditionally a cost overhead. The Model Drivers approach turns this on its head - compliance and audit become important value adding functions.
Contact Model Drivers for a 10 minute introduction to a working use case. Contact us
Model Drivers listing of finance industry regulations
A listing (incomplete!) of the worlds financial regulations and their industrialisation status is here: Regulations
- For enquiries and access please contact Greg Soulsby