Regulatory Reporting at the Speed Regulators Expect

DORA mandates real-time ICT incident reporting. Basel III/IV requires intraday risk computation. MiFID II demands T+1 transaction reporting.

Talk to Sales Request Demo

Regulatory Deadlines Are Accelerating.
Batch Reporting Is Not.

Banks compile regulatory reports from batch processes that run overnight or weekly. Data is stale before the report is filed. Manual reconciliation consumes thousands of analyst hours per quarter. Deadline pressure produces errors.
Regulators have lost patience with batch. DORA requires near-real-time incident reporting. BCBS 239 mandates timely and accurate risk aggregation. The penalty for late, inaccurate reporting is not a warning letter. It is capital surcharges, operational restrictions, and public enforcement actions.

Core Capabilities

Continuous Aggregation

Aggregate regulatory data in real time as transactions, positions, and events occur. No end-of-period batch compilation. Reports are always current. Filing is a snapshot of a continuously maintained dataset.

Real-Time Reconciliation

Reconcile data across source systems continuously. Breaks and discrepancies surface in under 10ms, not during pre-filing validation. Reconciliation is a background process, not a quarterly crisis.

Automated Report Generation

Generate regulatory reports automatically from streaming data. COREP, FINREP, MiFID II transaction reports, DORA incident reports. Template-driven generation with zero manual data gathering.

Complete Audit Trail

Every data point, transformation, and aggregation is tracked with full lineage. Regulators can trace any reported number to its source transactions. Audit readiness is continuous, not a preparation exercise.

Key Reasons To choose Ververica

Why Ververica

90% Reduction in Manual Effort

Automated continuous aggregation and report generation eliminate manual data gathering, reconciliation, and compilation. Compliance teams focus on analysis, not data assembly.

T+0 Reporting Capability

Reports reflect current data state at any moment. Filing can occur at T+0 for any reporting period. No waiting for batch completion or manual validation cycles.

100% Data Lineage

Every reported number traces to source transactions through an immutable audit trail. Regulatory examinations access lineage data in real time. No post-hoc reconstruction.

Zero Restatements

Continuous reconciliation catches data quality issues before they reach reports. Banks using Ververica for regulatory reporting report zero restatements in the first year.

Under the Hood

Ververica's regulatory reporting platform uses the VERA engine to maintain continuously updated regulatory aggregates across all required dimensions. Transaction-level data flows through classification, enrichment, and aggregation operators in real time. Regulatory calculations such as risk-weighted assets, liquidity coverage ratio, and net stable funding ratio compute as streaming aggregations that update with every position change and market movement.

The reconciliation engine operates as a streaming join across source systems, comparing data fields for consistency across core banking, trading, risk, and reference data platforms. Breaks are detected and classified in real time, triggering automated resolution workflows for known break types and escalation for novel issues. This eliminates the quarterly reconciliation sprint that consumes compliance team bandwidth.

Audit trail implementation uses an append-only event log that captures every input, transformation, and output with timestamps and processing metadata. Data lineage is queryable in real time: regulators or internal auditors can trace any reported figure to its constituent transactions through a lineage API. The lineage store is immutable and tamper-evident, providing the evidentiary standard required for regulatory examination. Report generation uses configurable templates that map streaming aggregates to regulatory filing formats (XBRL, XML, CSV) with automated validation against regulatory taxonomies.

Frequently Asked Questions

What regulatory frameworks does Ververica support?

Ververica supports DORA, Basel III/IV (including FRTB), MiFID II/MiFIR, BCBS 239, COREP, FINREP, and jurisdiction-specific requirements. The platform's template-driven reporting adapts to new regulatory requirements through configuration changes. Custom regulatory calculations deploy as streaming operators without platform changes.

How does continuous reporting differ from batch reporting?

Batch reporting compiles data at period-end, running aggregation jobs that take hours or days. Ververica maintains regulatory aggregates continuously. The report is always current. Filing is a snapshot operation, not a computation exercise. This eliminates the multi-week preparation cycle that batch reporting demands.

Can Ververica handle DORA incident reporting requirements?

Yes. DORA requires ICT incident classification and reporting within tight timeframes. Ververica detects and classifies ICT incidents in real time through continuous monitoring. Incident reports auto-populate with required data fields. Filing readiness is achieved within minutes of detection, well within DORA deadlines.

How is data quality ensured for regulatory reports?

Continuous reconciliation validates data across all source systems in real time. Quality rules execute against every record as it flows through the pipeline. Breaks surface immediately, not during pre-filing validation. This ensures the data feeding regulatory aggregates is consistent and accurate at all times.

What is the implementation approach for regulatory reporting?

Implementation begins with one regulatory domain (typically COREP/FINREP or transaction reporting) and expands. The first domain reaches production in 10 to 14 weeks. Source system connectors, regulatory calculation logic, and filing templates are configured per domain. Subsequent domains deploy faster as the data infrastructure is already in place.

Regulators Are Done
Waiting for Batch

Regulatory deadlines are tightening across every jurisdiction. Manual reporting processes cannot scale. The infrastructure for continuous, automated regulatory reporting runs in production today.