SYSTEMS AND METHODS FOR UTILIZING COMPLIANCE DRIVERS TO CONSERVE SYSTEM RESOURCES AND REDUCE COMPLIANCE VIOLATIONS

摘要

Systems and methods for utilizing compliance drivers to conserve system resources are provided. Data that corresponds to a pre-determined historical period may be used. A method may extract issue information, regulations data, operations loss data, drivers data, pending activities data and/or pending examinations data. The method may perform a plurality of transformations on the issue information, the drivers data, the regulations data, and the operations loss. The transformations may apply enterprise compliance hierarchy information and transform the data associated with the issue information, the drivers data, the regulations data, and the operations loss data into quarterly information. The method may include performing transformations on issue information, regulations data, operations loss data and drivers data. The method may perform final transformations in order to either allocate resources to remediate a compliance trend, remediate a compliance projection, or correct a current compliance issue.

主权项

1. One or more non-transitory computer readable media storing computer executable instructions which, when executed by a processor on a computer system, perform a method for utilizing compliance drivers to conserve system resources and reduce compliance violations, the method comprising:
for a pre-determined historical period:
extracting from one or more databases issue information for a plurality of issues, said issue information comprising a plurality of issue records, each of said records comprising an issue type, an issue identification (“ID”), a record date created, and issue reporting group;extracting from one or more databases regulations data, said regulations data comprising a plurality of regulations records, each of the regulations records comprising a rating name, a category name, a compliance date and a regulation change status;extracting from one or more databases operations loss data, said operations loss data comprising a plurality of operations loss records, each operations loss record comprising a date of loss, a loss amount, a type of loss and a total loss amount;extracting from one or more databases drivers data, said drivers data comprising a plurality of drivers records, each of said drivers records comprising a driver type, a driver instance, a driver rating and a date created;extracting from database a plurality of pending activities and a plurality of pending examinations; performing, using a processor, a plurality of transformations on the issue records, the drivers data records, the regulations data records, and the operations loss records, said transformations comprising applying enterprise hierarchy information and transforming the date information associated with the issue information, the drivers data, the regulations data, and the operations loss data into quarterly date information; performing, using a processor, an additional plurality of transformations on the issue records, said additional plurality of transformations on the issue records comprising calculating current issue records, new issue records, past due issue records and grouping the plurality of issue records by one of a plurality of types; performing, using a processor, an additional plurality of transformations on the regulations records, said additional plurality of transformations on the regulations records comprising calculating current regulations records, past due regulations records and completed regulations records; performing, using a processor, an additional plurality of transformations on the operations loss records, the additional plurality of transformations performed on the operations loss records comprising applying Basel levels to each of the records and calculating total loss by category; performing, using a processor, an additional plurality of transformations on the drivers information, said additional plurality of transformations performed on the drivers information comprising calculating current due, past due and completed driver records; performing, using a processor, final transformations to obtain at least one of sending an electronic notification allocating additional resources to remediate a compliance trend, sending an electronic notification allocating additional resources to remediate a compliance projection, and sending an electronic notification allocating additional resources to correct a current compliance issue.