RRS helps banks automate generation of regulatory reports on Credit Risk, Market Risk, Liquidity Risk, Interest Rate Risk and Operational Risk. This framework allows regulatory report generation for multiple jurisdictions, adhering to country wise specifics as formulated by the regulatory bodies of that country. RRS interacts with multiple transaction and analytical systems to extract data required to generate the reports. Data extraction tool is configured to automatically fetch end of day data on a daily basis.
features at a glance
Generates reports in central bank prescribed reporting formats related to Credit Risk, Market Risk, Liquidity Risk, Interest Rate Risk and Operational Risk
Reporting Framework is flexible enough to accommodate requirements of regulators of multiple jurisdictions
RRS HELPS BANKS TO
Automate reports generation process at a given frequency (e.g. Daily, Weekly,Fortnightly, Monthly, Quarterly, Half Yearly, Annually) as required by Regulatory Authority.
Allows establishment maintain a proper process. This allows Minimizing loss of information, detecting anomalies early, helping in Audits and Surveillance
Improve maintenance of data by storing them in a most rational format. This allows reduction of report generation time and improves quality of data