Regulatory Compliance Solutions
Regulatory compliance mandates are increasingly targeting EUC (end user computing) applications because they lack native controls.
Regulations
DORA
The Digital Operational Resilience Act (DORA) requires financial institutions to strengthen how they identify, manage, and evidence information and communication technology (ICT) risk. Material spreadsheets and other end-user computing applications can fall within that scope. Apparity helps organizations discover, inventory, assess, monitor, and control critical EUCs while maintaining the documentation and evidence needed to support DORA compliance.
BaFin Compliance
Germany’s Federal Financial Supervisory Authority, BaFin, places significant emphasis on effective ICT risk management and governance across regulated financial institutions. Apparity helps organizations identify and manage critical EUCs through risk-based inventories, change and version controls, access controls, monitoring, and auditable evidence—supporting compliance with BaFin expectations for secure and well-governed business-managed technology.
Sarbanes-Oxley
EUCs are used everyday yet are overlooked as a critical enabler of financial reporting processes. Their lack of oversight and native controls are inherent risks that can translate to significant enforcement actions. Fines can cost millions and can also damage a company's reputation.
Data Privacy (GDPR, CCPA, etc)
EUCs such as spreadsheets can be used to do many things. Sometimes they're used for storing personal data. If that's the case, it also makes them a compliance risk for many data privacy regulations. One of the most important regulations regarding this is GDPR.
And More
New regulations focused on addressing EUC governance are constantly being enacted across the globe. Apparity is constantly monitoring the regulatory landscape to identify areas to enhance our offering and better support our customers.
Industries
Banking
Spreadsheets are a key tool in banking. Regulatory mandates such as Basel III, DFAST and CCAR force banks to evaluate how they manage their end user applications in a rigorous control framework.
Insurance
As many insurers come to learn, spreadsheets and other EUC applications lack controls. Applying them manually is far too heavy a burden given their complexity. This contributes to data quality issues, a lack of ownership visibility, and unclear access rights. Furthermore, many regulators require historical detail to gauge completeness— something Excel does not offer.
Utilities
Utility companies use Excel spreadsheets to consolidate financial information, energy trading, and operational data from different regional systems. SOX and regulatory agencies require companies to use a rigorous control framework to make sure that financial reporting, rate case details, energy trade confirmations, and commodity commitments are sound and accurate.