Transformation and data correction

• As part of the data preparation of the data for the regulatory reporting is necessary to transform retrieved data from core systems into the defined form by the methodology of individual supervisory authorities. It is also often necessary to make data corrections according to the customer's particular needs.

• Data corrections based on rules defined by user in the Galaxii application.

• Complete logging of all user operations and data manipulation.

• Support for full integration of internal security management systems such as SIEM.

• Optional propagation of reported data back to core systems.

  • Audit transparency (internal and external audit)

  • Consistency of reported and stored data

Internal validation module:

• Provides automated internal validations of input and output data in terms of format, correctness and consistency according to specific report methodology.

• This module also allows implementation of additional user-defined validations according to customers requirements and needs.

• Validation types:

  • Format validations

  • Single-report validations

  • Multi-report validations

Automated data correction:

• This module allows automated user-defined corrections of reporting data based on regulatory requirements.

• Repair process can be configured to automatically propagate modified data back to core systems and databases.

• Entire process is completelly logged for audit purpuses.

The report sender is a module managing communication with regulator and supervisor systems. It is a fully automated communication interface that features:

• Report sending (including manual data input and corrections).

• Allows sending data corrections for historical reports (revocation of historical data, replacement with new data).

• It provides the functionality of sending batches of reports (based on time period, report type, required sequence, etc.)

• Galaxii fully supports multiple communition standards including CNB SDAT.

• Support of multiple historical methodologies – Galaxii allows you to work with a specific methodology that is valid for the relevant time period.

Galaxii processes and visualizes feedback from regulator and supervisor systems (confirmations, errors, warnings, etc.)

Correction of already reported data:

• One of the unique features of Galaxii is the ability to make corrections to submitted data at the level of specific value and to send it without the need to revoke the entire report.

• This results in a significant reduction in processing time and lowers the need to allocate human resources to submit report corrections.

• This feature is also „strongly suggested“ by the regulator.