Raw images are supposed to be detailed output from the camera sensor(s), with more details that what can actually be printed or displayed on a screen.
Effects like exposure compensation or white balance could be achievable with on-camera settings, or filters, or lights, or during developing. On the other hand I doubt (answers prove me wrong) that advanced functions like noise reduction, local contrast or edges could be obtained through traditional film photography.
Which tools (and/or ranges) of raw editing software have (or do not have) an equivalent in film photography/developing?
NBĀ : I feel this information is of little pertinence here, but FWIW I'm using rawtherapee.