Regnology
Regnology provides a dedicated regulatory reporting and risk management platform that helps financial institutions and supervisory authorities automate data collection and ensure compliance with global financial regulations.
Workiva
Workiva is a cloud-based platform that simplifies complex reporting and compliance by connecting your data and teams in a single, secure environment for financial, ESG, and risk management.
Quick Comparison
| Feature | Regnology | Workiva |
|---|---|---|
| Website | regnology.net | workiva.com |
| Pricing Model | Custom | Custom |
| Starting Price | Custom Pricing | Custom Pricing |
| FREE Trial | ✘ No free trial | ✘ No free trial |
| Free Plan | ✘ No free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 1994 | 2008 |
| Headquarters | Frankfurt, Germany | Ames, USA |
Overview
Regnology
Regnology offers a specialized platform designed to handle the complex lifecycle of regulatory reporting. You can automate the entire process of data collection, calculation, and submission to meet the stringent requirements of central banks and tax authorities. By using their modular solutions, you can manage diverse reporting regimes like Abacus, Tax-IQ, and EasyTax from a single source of truth.
The software serves a wide range of clients including international banks, insurance companies, and investment firms, as well as the regulators themselves. You can reduce the manual effort involved in compliance while improving data quality and transparency. It helps you stay ahead of changing mandates by providing regular updates that reflect the latest legislative shifts across different jurisdictions.
Workiva
Workiva helps you streamline your most complex reporting and compliance tasks by bringing all your data into one secure, cloud-based workspace. You can connect information directly from your source systems to your final reports, ensuring that every number and narrative remains consistent across spreadsheets, documents, and presentations. This eliminates the manual effort of copying and pasting data and reduces the risk of errors in critical filings.
You can use the platform to manage everything from SEC filings and annual reports to ESG disclosures and internal audits. It allows your teams to collaborate in real-time with full audit trails, so you always know who changed what and when. Whether you are a large enterprise or a growing company, you can automate repetitive reporting workflows and focus your energy on analyzing data rather than just collecting it.
Overview
Regnology Features
- Automated Data Collection Gather data from multiple internal systems automatically to create a consistent foundation for all your regulatory filings.
- Regulatory Calculation Engine Perform complex risk and capital calculations using pre-configured logic that aligns with current EBA, ECB, and local mandates.
- Multi-Jurisdictional Reporting Submit accurate reports across different borders and tax regimes using a single platform tailored to global standards.
- Real-time Validation Identify and fix data inconsistencies before submission with built-in validation rules that mirror regulator expectations.
- Audit Trail Management Track every change made to your data and reports to ensure full transparency during internal or external audits.
- Cloud-Native Deployment Scale your reporting infrastructure quickly and securely using a managed cloud environment that reduces your IT overhead.
Workiva Features
- Data Linking. Link your data across documents, spreadsheets, and presentations so a single change updates every instance automatically.
- Real-time Collaboration. Work simultaneously with your teammates on the same document while maintaining a clear audit trail of every edit.
- Direct Data Integration. Connect directly to your ERP, CRM, or HCM systems to pull fresh data without manual exports or uploads.
- XBRL Tagging. Apply standardized tags to your financial data easily to meet regulatory requirements for digital reporting and filings.
- Workflow Automation. Automate your review cycles and task assignments to keep your reporting process moving forward without manual follow-ups.
- Granular Permissions. Control exactly who can view or edit specific sections of your reports to maintain data security and confidentiality.
Pricing Comparison
Regnology Pricing
Workiva Pricing
Pros & Cons
Regnology
Pros
- Deep expertise in European and global regulatory standards
- Modular design allows you to buy only what you need
- High level of automation reduces manual reporting errors
- Strong reputation among central banks and supervisory authorities
Cons
- Significant initial setup time for complex data mapping
- Requires specialized knowledge to configure advanced modules
- Pricing is high and geared toward enterprise institutions
Workiva
Pros
- Eliminates manual data entry errors through automated linking
- Simplifies complex SEC and ESG filing processes significantly
- Excellent customer support and dedicated success managers
- Strong version control and detailed audit history tracking
Cons
- Higher price point compared to basic reporting tools
- Initial setup and implementation requires significant time
- Learning curve for advanced XBRL tagging features