The Australian Prudential Regulation Authority (APRA) has announced that it has selected a Vizor, now part of Regnology, solution to replace the data reporting system, Direct to APRA (D2A).
The Data Collection Solution, known as APRA Connect, will be used by over 4,500 financial sector entities, including ADIs, insurance and superannuation, with our web-based system improving APRA’s data collection capabilities.
Reporting entities, ADIs, superannuation and insurance institutions are responsible for managing their readiness for the new APRA reporting requirements. To help entities face the challenge regarding new regulatory reporting requirement, we have developed the first solution to automatically synchronise with all APRA data models and rules published on the new APRA Connect. This eliminates complex system upgrades and reduces the cost and impact of future regulatory changes.
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