Regnology Abacus360 Banking is a reporting and risk platform for financial institutions. It covers national and international regulatory, statistical, granular, and ad-hoc reporting, including requirements from the EBA, ECB, SRB, and national supervisory authorities. Reporting, risk calculation, and KPI monitoring share a platform and data model. Risk functions include market and credit risk, valuations, and liquidity risk, with calculations for LCR, RWA, value at risk, and expected shortfall. The product includes XBRL support, regulator submission, validation rules, and audit trails. Its three-tier architecture uses Apache Spark distributed processing; product materials describe capacity for several hundred million data records. An ETL framework supports adaptation of external data sources, including for ad-hoc reporting. Delivery options include on-premises installation, Managed Services, SaaS, Regulatory-as-a-Service, and RegTech Factory. The product is available for self-hosted and web use, with pricing on request. Regnology describes its intended users as small, medium, and large financial institutions, including European banks under SSM supervision.
Who it is for
Abacus360 Banking suits financial institutions that need regulatory and statistical reporting alongside risk calculations and KPI monitoring. Regnology identifies institutions of different sizes, including European banks under SSM supervision, among its users.
What is good
- Covers reporting requirements from EBA, ECB, SRB, and national authorities.
- Combines reporting, risk calculation, and KPI monitoring.
- Includes XBRL, regulator submission, validation rules, and audit trails.
- Offers on-premises, managed, SaaS, and other delivery options.
- ETL framework adapts external data sources.
What to know first
- Pricing is available on request.
- The product is aimed at financial institutions.
- Apache Spark processing capacity is described in product materials, not specified as a workload guarantee.
Verdict
Abacus360 Banking brings reporting, risk functions, and KPI monitoring together on a shared data model. Its delivery choices and reporting coverage may suit institutions with varied regulatory needs; pricing requires a request.
Regnology Abacus360 Banking plans and pricing
All plansCompared on regulatory reporting software
- XBRL support
- Yes
- Regulator submission
- Yes
- Validation rules
- Yes
- Audit trail
- Yes
- Deployment
- cloud
