Case Study — Nexora

Multi-Entity Regulatory Reporting System

Automating Regulatory Reporting Across 18 Subsidiaries in 11 Jurisdictions

AI agents reconciling and assembling regulator-ready reports from fragmented entity data

Industry

Multi-National Financial Holding Group

Timeline

20 weeks

Team

6 engineers

Tech

Multi-Agent Orchestration + RBAC + PostgreSQL

The Challenge

A financial holding group with 18 subsidiary entities across 11 regulatory jurisdictions assembled quarterly regulatory reports through an entirely manual process: finance staff at each subsidiary exported data independently, a central team reconciled inconsistent formats and currencies by hand, and reports routinely took 3 weeks to finalize with recurring last-minute reconciliation errors that delayed regulator filings.

Our Approach

How We Solved It

01

Entity Data Normalization Agent

Built an agent that ingests each subsidiary's financial extracts in whatever native format they produce and normalizes currency, chart-of-accounts mapping, and reporting period alignment into one canonical schema.

02

Jurisdiction Rule Engine

Encoded each of the 11 jurisdictions' specific regulatory reporting requirements — disclosure thresholds, required schedules, filing formats — as workflow configuration, replacing knowledge held by two people.

03

Cross-Entity Reconciliation Agent

Deployed an agent that flags inter-company transactions and balances that don't reconcile across entities before the report is assembled, catching errors that previously surfaced during regulator review.

04

Report Assembly & Filing Package Generation

Automated the final assembly of jurisdiction-specific filing packages, complete with the supporting schedules each regulator requires, ready for a compliance officer's final sign-off.

Engineering Process

How We Built It

Canonical Schema With Entity-Specific Adapters

Each subsidiary has a lightweight adapter mapping its native export format to Nexora's canonical financial schema, so onboarding a newly acquired entity doesn't require rebuilding the reconciliation logic.

Multi-Currency Reconciliation at the Transaction Level

Currency conversion and reconciliation happen at the individual transaction level using period-appropriate rates, not at the aggregate level — this is what caught reconciliation breaks the old spreadsheet process missed.

Jurisdiction Rules as Configuration, Not Code

Regulatory requirements per jurisdiction are workflow configuration reviewable by compliance staff directly, since jurisdictions update disclosure requirements on independent regulatory calendars.

Architecture Decisions

Key Technical Choices

Compliance Officer Sign-Off Remains Mandatory

The system assembles and reconciles; it never files. A named compliance officer per jurisdiction reviews and signs off on every report before submission.

RBAC Scoped to Entity and Jurisdiction

Access control is scoped so a subsidiary's finance team can only see and act on their own entity's data, while the central compliance team has cross-entity visibility — matching the group's existing governance structure.

Immutable Version History Per Report

Every version of a report, including pre-reconciliation drafts, is retained immutably, giving auditors a complete reconstruction trail if a regulator ever questions a filed figure.

Results

What We Delivered

18
Subsidiary Entities Onboarded
3wk → 4d
Report Assembly Time
11
Regulatory Jurisdictions Automated
94%
Reduction in Manual Reconciliation Errors

Solution Blueprint

How It All Fits Together

Entity Integration Layer
  • 18 entity-specific adapters
  • Canonical financial schema
  • Multi-currency reconciliation
Compliance Layer
  • 11 jurisdiction rule sets
  • Cross-entity reconciliation agent
  • Immutable report version history
Reporting Layer
  • Filing package assembly
  • Compliance officer sign-off queue
  • Regulator submission tracking

Lessons Learned

What We Improved

01

Reconcile at the Transaction Level, Not the Summary Level

Early attempts at aggregate-level reconciliation missed exactly the errors that caused regulator pushback. Transaction-level reconciliation was more engineering effort but the only approach that actually worked.

02

Compliance Officers Needed Config Access, Not Reports

Giving compliance staff direct access to update jurisdiction rules, rather than a static report, turned them from a bottleneck into the system's most active users.

03

Newly Acquired Entities Are the Hard Case

The group acquired a new subsidiary mid-project. Designing the entity-adapter pattern to onboard it in days rather than months validated the architecture choice early.

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