AutoRek launches RegToolKit for real-time compliance

AutoRek has launched RegToolKit, a regulatory compliance product for financial services firms that records how rules link to internal controls and maintains an audit trail of compliance activity.

The product addresses a common challenge in regulated firms. Compliance teams need more than documented policies and periodic testing. They also need consistent evidence that processes meet specific regulatory requirements across legal entities and product sets-and that they stay aligned as rules change.

System of record

RegToolKit is positioned as a system of record for regulatory compliance. It maps regulatory rules to controls, tracks non-conformities and logs actions in an audit trail. The tool is designed to be audit-ready and to provide real-time information.

"Firms are required not only to control their data, but also to evidence that their processes align with regulatory rules," said Jim Sadler, AutoRek's chief product, technology and operations officer."

"RegToolKit takes the complexity out of compliance by mapping rules to controls, tracking non-conformity and providing a complete audit trail. Combined with our reconciliation platform, it allows firms to achieve full end-to-end financial control and compliance," he added.

Mapping challenge

Firms in banking, payments, insurance and asset management face growing scrutiny over how they interpret and implement regulatory expectations. In practice, that can mean showing how a rule applies to a specific product, where the relevant control sits, and how that control is operated and tested across businesses and jurisdictions.

A frequent difficulty is maintaining that mapping over time. Products and services change, controls evolve, and regulatory updates can reshape obligations. Teams must demonstrate not only compliance at a point in time, but also ongoing adherence, and how issues are identified, escalated and fixed.

RegToolKit includes an "applicability matrix" that sets out the relationships among regulatory requirements, business risks, and mitigating controls. The matrix provides a "bird's eye view" across legal entities and product lines. The approach also aims to reduce audit effort by centralising information that might otherwise be spread across documents and teams.

Rulebook updates

The product includes an automated process that periodically loads regulatory rulebooks, helping firms stay on top of updates as they take effect. Compliance programmes often struggle with version control and with proving when changes were captured and how internal documentation was updated.

RegToolKit is designed to track rule changes proactively, reducing reliance on ad hoc workarounds when rules change or when auditors request evidence of how a firm responded.

Breach register

RegToolKit also includes a breach register that records breaches, assigns ownership and tracks remediation. The process is intended to reduce reliance on spreadsheets and manual audits.

Spreadsheet-based tracking remains common in compliance operations, particularly where teams work across multiple systems and business units. That approach can create operational risk through inconsistent definitions, gaps in audit history and limited access controls. It can also make it difficult to produce a consolidated view for regulators and internal stakeholders.

Platform fit

RegToolKit sits alongside AutoRek's existing data management, reconciliation and reporting platform. Together, the offering provides a consolidated framework for data, governance and oversight. AutoRek is known for reconciliation and financial controls tooling used by large financial institutions.

The launch also reflects a broader trend in regulatory technology. Firms are looking for tools that connect obligations to evidence and operational workflows, rather than point solutions focused only on policy documentation or periodic attestations. Vendors have been expanding into integrated control management and audit trails as audit and regulatory requests become more detailed.

AutoRek is headquartered in Glasgow and has offices in New York and London. It sells software on a SaaS basis and works across banking, payments, insurance and asset management.