Governance and risk management of counterparties spread throughout the world and forming complex distribution chains is a big problem that brings big risks to all market participants.
REG provides smart, intelligent subscription software that solves these complex problems with simple solutions, meeting the varied needs of each and every insurance business.
The REG Network is a rapidly growing community providing global insurance market information and effective tools for insurance businesses to control counterparty risk.
Use REG to achieve Faster, Easier Commerce in a Safe, Frictionless Environment
Spreadsheet-based record keeping
Manual due diligence checks, usually only at inception
Paper based applications and TOBA exchange
Costly, resource intensive periodic audits
Reactive approach to risk mitigation
Limited reporting, checks and controls
Centrally managed cloud-based market utility
Instant & ongoing automated due diligence
Digital TOBA and document exchange with full audit trail
Exception-based monitoring and alerts
Proactive approach to risk mitigation
Full visibility, realtime reporting & 24/7 access
Use the REG Network to create a connected relationship with another business enabling the secure, compliant exchange and signature of contract documentation, including Terms of Business Agreements.
REG technology performs regulatory, legal and financial checks on firms instantly with full access to a log of all system actions, whether user determined or driven by profile changes in counterparty data. With access to 2m+ firms globally our customers currently monitor 70,000 insurance businesses throughout the World.
Repetitive, manual tasks are removed and replaced with accurate, automated data.
REG users concentrate on what matters. Managing and controlling risk.
Faster, easier global commerce in a safe, frictionless environment.