Named Best Reporting Solution for CAT, 2021 & 2022
In recent months, we’ve seen many occasions in which the regulators are forcing firms to correct and resubmit historical records to FINRA CAT to resolve reporting issues, and not just compelling them to fix the errors on a go-forward basis.
Using our proprietary CAT Profiler Tool – and just a week’s worth of your CAT data – n-Tier will provide a comprehensive overview of your current CAT data and reporting. We’ve helped firms identify CAT reporting errors that are not covered by FINRA CAT feedback or captured in the Compliance Error Rate.
n-Tier’s CAT Profiler deconstructs and summarizes the contents of a firm’s CAT reports (JSON and CSV) to supplement ongoing supervisory, reconciliation, and validation processes, as well as to support ad-hoc UAT testing, reporting comparisons, and other targeted reviews.
Across all CAT records, the Profiler provides a summary of how fields are populated per IMID (or SubmitterID) and Event Type, along with other n-Tier defined data profiles and buckets. When run daily, the Profiler output is compared against a rolling 20-day average to monitor for any material changes or deviations in the firms CAT reporting profile.
Find out how to leverage a configurable solution for monitoring and managing data completeness and accuracy, across critical business processes.
Some text about what to expect for follow-up communications re: the demo
Some text about what to expect for follow-up communications re: the demo
