Product Profile

Fintellix Compliance /Regulatory Reporting

Fintellix Solutions

First Release Date: 09.01.2012

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Language Support:

United KingdomIndiaPhilippinesSingapore

Technology Category: Security & Compliance Compliance/Monitoring Regulatory Compliance

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Product/Service Description

Rapid change is the norm in Regulatory compliance world-wide. Form, content, format and calculation are constantly being changed by the Regulatory bodies to drive a stable financial ecosystem. Fintellix Regulatory Reporting helps a Financial Institution comprehensively manage reporting to the Central Bank and/or other regulatory bodies via automated data submission of mandated reports. Fintellix enables a ‘straight-through’ processing of information for quality and timeliness of data and with zero manual intervention for data accuracy and integrity. Fintellix Regulatory Reporting is available for India (RBI ADF Compliance), Mauritius (BOM), US (FFIEC, SEC, FRB) as well as multiple other countries [Saudi Arabia (SAMA), Singapore (MAS), Philippines (BSP), HongKong (HKMA) and Australia (APRA)].

Translating the data from the Banking systems into the Regulatory reporting lines and managing submissions in an automated fashion takes a heavy toll on the resources in the Bank’s Finance, Risk and compliance teams. Fintellix Regulatory reporting is a flexible, configurable white-box system that helps convert raw data from the banking systems into Regulatory submissions with full data lineage and easy audit of the data flow.

Customer Overview

Total Number of customers undisclosed

Customer Size Medium , SMB

Customer Type Central Banks , Commercial Banks , Corporates , Investment Banks

Target Market Africa , Asia , Europe , Global , North America

Specific georgaphical coverage Republic of India

Pricing Model undisclosed

Demo & Case Study Urls

Features

Robust platform offering.
Configurable business rules.
In-built Reference Code Management for all recommended reporting codes by regulatory body.
Configurable maker-checker process based submission with audit trail.

Benefits

Extensibility and Scalability.
Platform Agnostic.
Improved Business Performance.

Platform & Workflow

Server OS Windows Server , Windows XP (Microsoft)

Workstation OS Windows

Programming Language and API undisclosed

SetUp and Installation Options undisclosed

Deployment Period undisclosed

Reporting Capabilities Flexible on-demand reporting. Submission in multiple formats including XBRL

Security Options Undisclosed

The product/service compliant with the following regulatory standards FATCA , Market Abuse Directive

Connectivity, Hosting and Intergration

Hosting Option Inhouse , Hosted by provider

Hosting provider undisclosed

Devices Supported Web-based , Windows

Compatibility with Database Management System (DBMS) Business rules engine and the underlying metadata driven data management platform enables the agile management of change to address future regulatory requirements.

Third party integration Solution delivered off an OLAP ready Data Mart with pre-configured integration with popular Core Banking systems.