PaceMaker / Risk and Compliance

By: Pacemetrics  05/12/2011

PaceMaker monitors the receipt, content and quality of inputs. Therefore, it assures completeness, accuracy and timeliness of outputs. 

The illustration below shows a simple example of how PaceMaker's monitoring capabilities can be deployed in the area of regulatory reporting - monitoring the timeliness and accuracy of every stage of the process and the quality, timeliness and completeness of data used within the process. 

Specific Benefits of PaceMaker in Risk & Compliance 

  • Real-time visibility of the entire Risk Reporting process demonstrates effective compliance procedures 
  • Earliest possible warning of errors allows for the earliest possible correction of any aspect of the process - delays, wrong or missing data 
  • Intermediate checks into the quality of data in order to avoid the situation of waiting for downstream systems to report errors or, worse still, to fail to complete or indeed, to unwittingly provide erroneous reports.

Other products and services from Pacemetrics


PaceMaker / Transaction life-cycle Monitoring

PaceMaker provides an end-to-end view of the transaction lifecycle offering real-time informed exception management to facilitate early remediation and swift processing of securities and payment instructions. Operators and clients to view progress of those details of the process relevant to their specific needs. PaceMaker offers visibility to management, control to operations and transparency to clients. Specific benefits of PaceMaker in TLM.


PaceMaker / Reconciliations

Exceptions and breaches of the bank's defined business rules are detected as they happen and precisely identified so that effective remedial action is taken immediately, once, in a structured way. This simple point provides better control of Operational Risk, better Operational Efficiency and enhanced confidence and satisfaction with internal or external customers.