DORA Register of Information: Simplified, Accurate, and Compliant

The Register of Information is a key requirement under DORA, designed to document critical ICT third-party service providers and supply chains. The European Supervisory Authorities (ESAs) have emphasized that a manual, spreadsheet-based approach is not recommended. Instead, tools like Formalize simplify the process, ensuring compliance with accuracy and efficiency.

The DORA Dry Run was a large-scale exercise conducted by the European Supervisory Authorities (ESAs) to test the readiness of financial entities in submitting their Registry of Information (RoI) under the new DORA regulations.

Key findings from the dry run include:

• 86% of errors were caused by missing mandatory information, such as unique identifiers and supply chain data.
• Only 6.5% of registers passed all data quality checks.
• The ESAs highlighted that manual approaches, like spreadsheets, often lead to incomplete and non-compliant submissions, recommending automated tools for compliance.

With Formalize, you can avoid these pitfalls by leveraging automated processes that ensure complete, accurate, and compliant submissions from the start.

Creating the Register of Information manually, such as through spreadsheets, is not recommended by the European Supervisory Authorities (ESAs) due to the complexity and risk of errors. Formalize offers a structured, automated solution that simplifies the process

Formalize automates the reporting process, validating data at the time of entry to address common challenges such as missing mandatory fields and unique identifiers. By leveraging advanced validation and error detection tools, Formalize ensures your submissions meet regulatory standards without the pitfalls of manual processes.

Yes. Formalize’s scalable platform is designed to adapt to evolving regulations, ensuring your compliance process remains future-proof. This flexibility is critical in meeting the iterative requirements set by the ESAs.