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Development of Enhanced Global Regulatory Compliance Platform for Financial Institutions
  1. case
  2. Development of Enhanced Global Regulatory Compliance Platform for Financial Institutions

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Development of Enhanced Global Regulatory Compliance Platform for Financial Institutions

brights.io
Financial services
Information technology
Legal

Challenges in Regulatory Compliance and Operational Efficiency

Existing manual and error-prone processes for LEI code registration and management, lack of automated tools for monitoring LEI validity, insufficient admin capabilities for content management, and integration gaps with critical third-party services. The platform required urgent optimization while maintaining continuity of operations.

About the Client

A global regulatory compliance solution provider for financial institutions, offering unique entity identification to enhance transparency and risk management.

Project Goals for Enhanced Compliance Platform

  • Automate manual LEI registration and management workflows
  • Implement real-time monitoring and notification systems for LEI validity
  • Develop intuitive admin tools for dynamic content management
  • Integrate specialized compliance services and payment systems
  • Enhance platform scalability and maintainability

Core System Functionalities and Features

  • Automated LEI registration workflow with issuer verification
  • Watchlist functionality for LEI validity tracking
  • Expiration reminder notifications system
  • Drag-and-drop content pages builder for administrators
  • Stripe payment gateway integration
  • Rapid LEI and GLEIF service integrations

Technology Stack Requirements

Laravel PHP framework
Laravel Echo Server
AWS S3
Cloudflare

Critical System Integrations

  • Stripe
  • Mailgun
  • Google Analytics
  • Rapid LEI
  • GLEIF Global LEI Index

Operational Requirements

  • High-availability architecture with 99.9% uptime SLA
  • Enterprise-grade data security and encryption
  • Horizontal scalability for global user base
  • Real-time notification performance under 500ms latency
  • Compliance with financial industry regulatory standards

Expected Business Transformation Outcomes

Streamlined compliance operations reducing manual effort by 70%, enhanced regulatory reporting accuracy through automated LEI tracking, improved user retention via proactive validity notifications, and accelerated content management capabilities enabling rapid regulatory updates. The platform will establish new industry standards for LEI management efficiency while maintaining critical system interoperability.

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