Bloomberg Law Convergence

Release history

Last updated: August 2018

Solution summary

Bloomberg Law Convergence for Compliance is new technology specifically designed to help your organization:

• Stay up to date on state and federal regulation updates

• Monitor your trusted sources of compliance intelligence

• Be informed of regulatory actions as they happen

Convergence allows you to track and manage regulatory information that affects your business, vendors, investors, and customers. You can use filters built to your specifications to identify the risks and opportunities in the market.

Eliminate the noise typically found when searching for regulatory updates using the advanced taxonomies of Convergence. It’s search that’s built by data scientists and compliance professionals alike.

Once integration is completed this filtered and tagged, regulatory intelligence items will be fed into the Regulatory Intelligence Items application within Archer and integrate into the current regulatory change review workflow.

Partner Integration Overview
Archer Solution	Regulatory and Corporate Compliance
Archer Use Case	Corporate Obligations Management
Archer Applications	Regulatory Intelligence Items
Uses Custom Application	No
Requires On-Demand License	No

Partner product configuration

Before you begin 

This section provides instructions for configuring Bloomberg Law Convergence with Archer. This document is not intended to suggest optimum installations or configurations.

It is assumed that the reader has both working knowledge of all products involved, and the ability to perform the tasks outlined in this section. Administrators should have access to the product documentation for all products in order to install the required components.

All Bloomberg Law Convergence components must be working prior to the integration. Perform the necessary tests to confirm that this is true before proceeding.

Important: The integration described in this guide is being provided as a reference implementation for evaluation and testing purposes. It may or may not meet the needs and use cases for your organization. If additional customizations or enhancements are needed, it is recommended that customers contact Archer Help for assistance.

Bloomberg Law Convergence configuration

Bloomberg Law Convergence integrates with Archer through the Search API in Convergence.

The Convergence Search API documentation is available in Convergence under the gear icon API Help. The professional services team at Bloomberg Law will work with you to build your filters and create the feed for your integration, to ensure you are taken care of in the process. While the Search API is quite versatile, we expect that when integrating with Archer, we will only need to set up one filtered search in Convergence, which will use the following URL format: https://myconvergence.bna.com/SearchAPI/GetXML?ItemGuid=<SEARCH ITEM GUID>&APIKey=<API KEY/SECURITY TOKEN>&NumDays=<NUMBER OF DAYS TO GO BACK>&IsAlert=<true or false>

Parameter	Description
ItemGuid	Globally unique identifier available when editing or viewing a search in MyConvergence. It is available on the URL.
APIKey	Available in MyConvergence by going to the gear icon > API Help. It is the API Security Token.
NumDays	(optional, defaults to 1) Specifies how many days back to limit the search to. Since most setups will pull regulatory data once a day, we recommend setting this to 1.
IsAlert	(optional, defaults to true) If true, only return the new articles. If false, return all articles that match your criteria.

This URL will be used when you set up the Data Feed.

Archer configuration

Prerequisites

Download the following components from Archer:

File Name	Description
BloombergBNA_Federal_and_State_Registers.dfx5	Data Feed that pulls state and federal regulatory information into Archer

Creating custom fields

1. Navigate to Application Builder > Applications.

2. Click Regulatory Intelligence Items.

3. Click the Fields tab.

4. Add the following custom fields, according to your needs:

Field Name		Recommended Field Type	State Register	Federal Register
Action	Text			a
Agencies	Values List (Maximum Selections: No Maximum)		a	a
Agency Reference ID	Text		a	a
Bloomberg Metadata	Values List (Maximum Selections: No Maximum)		a	a
BNA Reference ID	Text		a	a
CFR	Text			a
Comment Date	Date		a	a
Country	Values List		a	a
Docket	Text			a
Document Type	Values List		a	a
Effective Date	Date			a
FR Document	Text			a
Implement Date	Date			a
Pages	Text			a
Process Date	Date		a
Region	Values List		a	a
Text	Text		a	a
Version Date	Date		a

Configuring the layout

Before you can see the custom fields, they need to be added to the Regulatory Intelligence Items application layout.

1. Click the Layout tab.

2. Add all of the custom fields to this view as you would like to see them:

Importing the data feed file

You will need to import and configure the BloombergBNA_Federal_and_State_Registers data feed downloaded earlier. To import the feed file, perform the following steps:

1. In Archer, go to Integration > Data Feeds.

2. Under Manage Data Feeds, import the BloombergBNA_Federal_and_State_Registers.dfx5 file downloaded earlier.

3. Update the following settings on the General Information tab:

Field	Value
Status	Active
Target	Regulatory Intelligence Items
User Name	userArcherDataFeedService (or other Archer account)

4. On the Transport tab:

Field	Value
Transport
Transport Method	HTTP Transporter
Transport Configuration
File Type	Single Data File
Action Type	Get
Data Request URI	Paste the Search API URL as described above

Example Search API URL: https://myconvergence.bna.com/SearchAPI/GetXML?ItemGuid=ABC123AB-5956-4E69-B7DC- 3426EC5442A2&APIKey=ABC12345

5. Review the mappings on the Data Map tab. Consult Appendix A for more information on recommended field mappings, including the key field definition.

6. On the Schedule tab:

• Notice that the default is set to once a day

• Make any changes to the schedule that you’d like

• Click Start to pull in content immediately (optional)

7. Save the feed

Viewing the regulatory items

After the Data Feed has successfully imported new regulatory items, you should be able to see new records created in Archer.

1. Navigate to Regulatory and Corporate Compliance > Corporate Obligations Management > Regulatory Intelligence Items.

2. From here, you should be able to see your newly-imported regulatory items:

Certification environment

Date tested: August 2018

Product Name	Version Information	Operating System
Archer	6.4 SP2	Virtual Appliance
Bloomberg Law		SaaS

Field mappings

State and Federal field mappings for the data feed:

Source Field	Target Archer Field
abstract	Abstract
action	Action
agencies	Agencies
agencyName	Agency Name
agencyReferenceId	Agency Reference ID
bloombergMetadata	Bloomberg Metadata
bnaReferenceId	BNA Reference ID***
cfr	CFR
citation	Citation
commentDate	Comment Date
country	Country
datePublished	Date Published
docket	Docket
documentType	Document Type
effectiveDate	Effective Date
frDocument	FR Document
implementDate	Implement Date
link	Link
source	Source
Pages	Pages
processDate	Process Date
region	Region
stateAbbreviation	State Abbreviation
text	Text
title	Title
versionDate	Version Date

*** Denotes the Key Field for the data feed.