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    Novatus En:ACT

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    Novatus En:ACT ensures Accurate, Complete and Timely transaction reporting. It is a fully scalable technology platform trusted by major global firms to reconcile both source systems and submission files for all G20 transaction reporting regimes.

    Overview

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    Built in collaboration with a major global banking group, Novatus En:ACT helps clients solve their most significant transaction reporting challenges that persisted with existing market solutions. As a pure SaaS solution built upon AWS infrastructure, it is scalable, rapidly deployable and is fully interoperable with existing technology, structures and processes.

    ACCURACY

    • Our proprietary compliance rules engine can test 100% of trades, and 100% of fields, against all global regimes, and is fully maintained by our in-house team of experts.
    • We ensure demonstrable compliance by providing clear linkage back to the underlying regulatory text.

    COMPLETENESS

    • Using the Novatus eligibility logic to determine transaction eligibility provides an independent view of which transactions are reportable, and to which jurisdictions.
    • This means we can independently assess each transaction to ensure no over-or under-reporting, no matter where the trade data originates from.

    TIMELINESS

    • Providing insight into whether transactions have been reported on time, based on the reporting deadline for each reportable jurisdiction.

    The Novatus En:ACT platform has been purpose-built to solve the challenges our clients have faced over years of error reporting and remediation.

    Join the many organisations we have helped to transform their transaction reporting.

    Highlights

    • MARKET LEADING TECHNOLOGY - Accurate, timely and complete reporting over 100% of fields and 100% of trades with results delivered in 12 to 48 hours.
    • MODULAR GLOBAL COVERAGE - Full G20 regime coverage, delivered in modules for ease of scalability and management of cost profile.
    • GLOBAL LEADER IN TRANSACTION REPORTING - Award-winning technology combined by our team of dedicated transaction reporting subject matter experts.

    Details

    Features and programs

    Financing for AWS Marketplace purchases

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    Financing for AWS Marketplace purchases

    Pricing

    Novatus En:ACT

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    Pricing is based on contract duration. You pay upfront or in installments according to your contract terms with the vendor. This entitles you to a specified quantity of use for the contract duration. If you choose not to renew or replace your contract before it ends, access to these entitlements will expire.

    12-month contract (2)

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    Dimension
    Description
    Cost/12 months
    Submission and Source System Reconciliation
    Perform comprehensive accuracy, completeness and timeliness testing across all trades and fields within your source systems and submission files.
    $125,000.00
    Submission File Reconciliation
    Perform comprehensive accuracy, completeness and timeliness testing across all trades and fields within your submission files only.
    $50,000.00

    Vendor refund policy

    48 hour full refund policy.

    Legal

    Vendor terms and conditions

    Upon subscribing to this product, you must acknowledge and agree to the terms and conditions outlined in the vendor's End User License Agreement (EULA) .

    Content disclaimer

    Vendors are responsible for their product descriptions and other product content. AWS does not warrant that vendors' product descriptions or other product content are accurate, complete, reliable, current, or error-free.

    Usage information

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    Delivery details

    Software as a Service (SaaS)

    SaaS delivers cloud-based software applications directly to customers over the internet. You can access these applications through a subscription model. You will pay recurring monthly usage fees through your AWS bill, while AWS handles deployment and infrastructure management, ensuring scalability, reliability, and seamless integration with other AWS services.

    Resources

    Vendor resources

    Support

    Vendor support

    Dedicated client service support: info@novatus.global 

    AWS infrastructure support

    AWS Support is a one-on-one, fast-response support channel that is staffed 24x7x365 with experienced and technical support engineers. The service helps customers of all sizes and technical abilities to successfully utilize the products and features provided by Amazon Web Services.

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