Tag Archives: Regulatory reporting

Fintellix Experience – Insights gleaned from the Fintellix client repertoire

One of the leading multinational banks headquartered in North America, has leveraged the Fintellix regulatory reporting platform and data model to automate its asset quality reporting (in India). The Fintellix solution entails end to end Data Processing starting from to … Continue reading

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Regulatory Watch – Asset Quality and Liquidity monitoring a global phenomenon

During the global financial crisis, there was a significant turmoil in the financial systems worldwide leading to the insolvency of a number of banks in several countries which either failed or received taxpayer-funded bailouts. The shocks of meltdown were felt … Continue reading

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Adaptability – Meet current and future regulatory requirements around CECL

IASB and FASB have already published guidelines around expected loss modelling for reserve calculations. A working paper on ECL has also been published in India which might soon become a guideline. It is expected that banks would be concerned about … Continue reading

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Global Watch – Connected Regulators

Increasingly, multiple platforms are available for global regulators to stay connected and track each other. This has led to a scenario where successful compliance practices once adopted in a geography rapidly spread to others. There are multiple examples – like … Continue reading

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Adaptability – Manage change both internally and externally initiated

Change – This is probably the most dreaded word for Chief Compliance and Risk officers in banks today. A change in a guideline, almost always have wider ramifications, which spills over into the domain of the COO, CFO and CIO … Continue reading

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Bank of Mauritius’ ADF-XBRL Initiative: Moving Forward at an Impressive Pace

Bank of Mauritius’ ambitious ADF-XBRL project has started progressing at a rapid clip with Phase 3 returns being made available to banks. Of the 6 phases in BOM’s ADF-XBRL journey, only 4 are targeted at banks, while the remaining 2 … Continue reading

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Decoding the Impact of Changes in the Monetary Authority of Singapore’s Regulatory Reporting Guidelines

Singapore’s premier regulator is in the process of finalising the proposed revisions to the MAS 610 (Banks) and MAS 1003 (Merchant Banks) notices. Though the public consultation process concluded in February 2015, the new notices are yet to be issued … Continue reading

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From a Good Start to a Great Finish: Automating Data Flow in Banks

During late 2010, India’s premier Central Regulatory Institution – the Reserve Bank of India (RBI) informed banks via an ‘Approach Paper’ that they require submitting over 200 reports spanning key areas such as Treasury, Reconciliation, Advances, Deposits, Frauds and Foreign … Continue reading

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Fintelekt in conversation with Ravi Raman, Chief Solution Evangelist

Banking and Insurance research specialist speaks with Ravi about the challenges facing the Indian banking sector, technologies that it should be leveraging and Basel III in the Indian context.

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