From reporting to resilience: Why RegTech is evolving beyond the rulebook

Regulatory reporting used to be a relatively straightforward affair - collect the data, fill in the file, submit it to the relevant competent authority, check the box. It was a task rooted in necessity, not strategy. But this has changed.

In today’s increasingly complex environment, where regulatory updates are frequent and multijurisdictional and many legacy systems struggle to keep pace, regulatory reporting has taken on a new role. It is no longer just about compliance. It is becoming a cornerstone of operational resilience, data governance, and even competitive agility.

Following recent regulatory changes such as EMIR REFIT in the EU and UK, the MAS and ASIC rewrite, the Canadian rewrite, the introduction of the DORA Regulation, and the ongoing obligations under GDPR, the lines between compliance, operations, and data governance are becoming increasingly intertwined. At the same time, early discussions at the European level are already pointing toward a more fundamental rethink of how financial transaction reporting could be simplified in the years ahead. This shifting landscape is prompting many firms to rethink how they structure their reporting functions and responsibilities, not as isolated tasks, but as integrated components of a broader resilience and data strategy.

Compliance-only thinking is outdated

Not long ago, regulatory reporting solutions were built to solve a narrow problem: meet reporting deadlines, validate against schemas, and avoid fines. Most systems were rigid, rule-based, and focused on creating compliant files. However, this limited scope brought limitations of its own: siloed tools, manual exception management, and disjointed data processes. Reporting was treated like a last-minute task, something reactive, disconnected from the broader operational picture. That approach simply does not work anymore.

What has changed?

Several forces are pushing regulated financial firms to rethink how they manage regulatory reporting obligations and what role RegTech plays in their broader strategy.

Regulatory change is constant and complex: EMIR REFIT alone introduced dozens of new fields, changed validation rules, and required firms to adapt not just their reporting logic, but also their governance approach. Multiply that by other regimes like ASIC, MAS, or Canadian reporting, and static, hard-coded systems fall short.
Data quality expectations are higher than ever: Regulators and trade repositories are not just looking at whether a report was submitted; they are looking at the quality, consistency, and reconciliation across systems. This demands better data lineage, transparency, and control.
Reporting failures are no longer back-office problems: Rejections, data mismatches, or late submissions can have real reputational and regulatory consequences. More than ever, boards and senior stakeholders expect reporting functions to be stable, scalable, and audit-ready.
DORA brings operational resilience to the forefront: With the EU’s Digital Operational Resilience Act (DORA) now in effect, regulatory reporting platforms fall squarely within scope. They must be testable, recoverable, and governed by continuity plans, not just functionally compliant.
GDPR still matters: Trade and transaction reports frequently include personal data points like individual trader IDs, names, dates of birth, addresses, etc. These must be handled in line with GDPR principles like purpose limitation, data minimisation, and defined retention periods. Compliance cannot come at the cost of privacy.

Reporting systems are becoming business-critical infrastructure

This growing complexity is pushing transaction reporting solutions to evolve from file generators to strategic platforms. It is not just about getting the report out the door; it is about building or using systems that can adapt, withstand stress, and provide traceability when needed.

In short: resilience is becoming the real deliverable.

Here’s what that looks like in practice:

Modular and scalable architecture that allows firms to seamlessly adopt regulatory changes with minimal client-side disruption to their operations and also handle high volumes and data spikes without performance degradation.

Robust platform design that safeguards data, maintains service continuity, and supports operational resilience, even under stress or disruption.

Multiple environments (Development, UAT, Production, DR) to safely test changes and ensure continuity.

Audit trails and version tracking to support internal governance and external reviews.

Real-time validation to catch data issues before they escalate.

AI-powered enrichment and validation, helping firms correct or complete incomplete data sets faster.

Exception management tools that flag, route, and resolve errors with minimal human intervention.

Integrated analytics and dashboards that give compliance teams full visibility into reporting performance and trends.

Automated reporting health checks to continuously monitor for degradation or anomalies in reporting pipelines.

Reconciliation automation, comparing internal records with regulator feedback or trade repository data to ensure consistency.

Multi-jurisdictional capabilities to meet diverse regulatory requirements from a single platform.

These are not just convenience features. They are what allow reporting teams to stay ahead of change, reduce risk, and recover quickly when something goes wrong. That is resilience in action.

Firms that “get it right” are already moving

Here at MAP FinTech, as a RegTech provider working with firms across jurisdictions, we have observed a clear shift in client priorities. Firms that once viewed reporting as an end-of-process task are now embedding it into their broader operational and data strategies. Most firms are no longer waiting for a regulatory breach or operational issue to re-evaluate their reporting infrastructure. Instead, they are proactively seeking ways to strengthen resilience, improve auditability, and ensure the systems they use can support future growth. Our own experience has shown us just how valuable a forward-looking RegTech platform can be when paired with the right governance mindset.

But this evolution isn’t without its challenges.

The obstacles along the way

While many firms have already taken significant steps toward building more resilient and future-ready reporting functions, some still face hurdles, often the same ones that others had to overcome earlier in their journey. Some of the common hurdles we have observed include:

Legacy systems that do not integrate well with modern reporting solutions.

Inconsistent data quality across different business units.

Siloed ownership between compliance, operations, and IT.

Limited UAT or rollback capabilities in traditional tools.

Lack of internal alignment on what “resilience” means in the reporting context.

These challenges do not reflect a lack of intent, but they often stem from older system architectures or processes that have not kept pace with the evolving role of reporting. The good news is that firms that have invested in the right tools and strategies have shown that these issues are solvable and doing so opens the door to a much more robust, scalable, and future-proof reporting framework.

Final thoughts: from obligation to advantage

In a landscape of constant regulatory change and heightened reputational risk, transaction reporting can no longer be treated as a compliance afterthought. It must be resilient, built on flexible systems, reliable data, and empowered teams capable of adapting to evolving requirements.

Selecting the right reporting partner, therefore, goes far beyond meeting schema standards or ensuring TR connectivity. It’s about choosing a provider that not only understands your regulatory landscape but also views reporting as a critical part of your operational infrastructure. One that embeds resilience, transparency, and adaptability into its design, not as optional features, but as core principles.

The most effective RegTech platforms don’t just help you file reports correctly; they strengthen your operational foundations, helping you future-proof your business and turn regulatory readiness into a lasting competitive advantage.

If your firm is navigating similar challenges or exploring ways to enhance its reporting resilience, please contact MAP FinTech here.