In the latest episode of the Connector Podcast, we take a closer look at regulatory reporting with Qvonto, a fintech company making waves in Luxembourg, Switzerland, and the Nordics. This episode features conversations with Sinan Gabel, CEO and founder of Qvonto, and Christian Lysholm, CCO. Together, they explain how their innovative solutions simplify regulatory requirements, making compliance more efficient and accessible.
Qvonto's end-to-end system offers a comprehensive approach to regulatory reporting, handling everything from data transformation to report generation. This ensures that documents not only meet compliance standards but are also clear and easy to understand.
A key part of their success is real-time data integration, which helps maintain the accuracy and relevance of the reports. By continuously monitoring and updating data, Qvonto ensures that compliance documents are always current.
A standout feature of Qvonto’s system is its ability to convert complex data into user-friendly reports. Sinan and Christian discuss how their system filters, cleans, and validates data before performing the necessary calculations. This process guarantees that the final reports are accurate and meet legislative requirements. The system also incorporates corporate design elements, making the documents both informative and visually appealing, enhancing user engagement.
Real-time data integration plays a crucial role in Qvonto’s solution. By using straight-through processing, any changes in the underlying data are immediately reflected in the reports. Continuous monitoring ensures that documents remain up-to-date, with any changes in key metrics, such as risk class, being quickly identified and addressed. This proactive data management sets a high standard in the fintech and regulatory sectors, providing clients with a reliable compliance solution.
Language translation is another area where Qvonto excels. The system supports 24 languages, using a context-specific model optimized for regulatory terms. This ensures that translations maintain accuracy and consistency across different languages, covering all elements of the document, including tables, charts, and headers.
Designed to be flexible and user-friendly, Qvonto’s system works for organizations of all sizes. The onboarding process is simple, allowing clients to integrate their data in various ways, whether through Excel sheets or automated uploads. This flexibility helps different teams, including operations, compliance, and ESG, work seamlessly within the system, improving collaboration and efficiency.
The episode also highlights the diverse applications of Qvonto’s system across various sectors. Whether in wealth management, stockbroking, or unit-linked insurance, Qvonto’s solutions are versatile and adaptable. With real-time calculations and pre-trade checks, the system is a valuable tool for financial institutions, addressing the specific needs of each sector and expanding its impact in the regulatory reporting landscape.
Sinan and Christian also share Qvonto’s future plans, emphasizing their commitment to ongoing innovation. They are working on adding new documents to their system, such as fact sheets, management reports, and prospectuses. By consolidating all these documents into one system, Qvonto aims to provide a complete compliance solution that meets the varied needs of their clients.
In conclusion, this episode of the Connector Podcast provides an in-depth look at Qvonto’s approach to regulatory reporting. With their comprehensive system, real-time data integration, and multi-language support, Qvonto is setting new benchmarks in the fintech and regulatory industries. Their focus on making complex compliance requirements more accessible and user-friendly establishes them as a leader in the field. Tune in tolearn more about Qvonto's solutions and their vision for the future of regulatory reporting here.