Elite Reporting Platform vs Regnology Abacus Insurance

Elite Reporting Platform automates regulatory reporting for banks and other financial institutions. Its workflow covers data collection, ETL, calculations, report validation, adjustments, mappings, formulas, drill-down, audit logs, and export. Listed output formats include Excel, XBRL, XBRL-CSV, XML, CSV, and TXT, as well as APIs. Its repository includes reporting such as FINREP, COREP, ALMM, LCR, NSFR, MREL, Asset Encumbrance, Own Funds, Large Exposures, and Leverage Ratio. For UAE institutions, the platform covers Banking Return Forms, Basel III, liquidity, and prudential reporting. The vendor describes three released UAE packages containing 135, 122, and 57 BRFs, with cross-BRF validation, reconciliation, audit, and submission workflows. Version 3.0 is available using Microsoft, Oracle, or hybrid technologies, on-premise or on-cloud, and can integrate core banking, risk, treasury, and finance systems into a centralized data warehouse. It includes XBRL support, regulator submission, validation rules, audit trail, and API access. Pricing is on request; there is no free plan.

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