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Indian Banking ecosystem to undergo revamp with RBI’s mandate on UCB automation

Indian Banking ecosystem to undergo revamp with RBI’s mandate on UCB automation

Regulatory Reporting and Compliance / By

Indian Banking Ecosystem To Undergo Revamp With RBI’s Mandate On UCB Automation Author: Kamal Sharma, Business Development Head – Regulatory Practice, Profinch As with every other sector and industry post COVID-19, the Indian banking system has also become increasingly hybrid. However, the banking system is one of the first sectors to have experienced consistent digitisation, …

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6 Missing Pieces of Digital Banking that could Bring Transformation

6 Missing Pieces of Digital Banking that could Bring Transformation

Digitization / By

6 Missing Pieces Of Digital Banking That Could Bring Transformation Banks and financial institutions were the earliest adopters of technology and banking has undergone massive transformation ever since they opened its doors to technology and digitalisation. Core banking services, NEFT-RTGS and finally debit cards introduced by banks paved the way for digital transformation. This stupendous …

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Everything about IFRS 9 – Is it Compliance, Excellence or Innovation?

Everything about IFRS 9 – Is it Compliance, Excellence or Innovation?

Regulatory Reporting and Compliance / By

Everything About IFRS 9 – Is It Compliance, Excellence Or Innovation? Preamble There is a lot written about IFRS 9 already. During our internal research and sales question-answer sessions, many of the colleagues reported how the information has been dispersed across sources for someone to get an actionable bird’s eye view around IFRS 9. The …

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FinCluez is your solution for RBS: Risk-Based Supervision

Leave a Comment / Data / By

Atumverse-Data is your solution for RBS: Risk-Based Supervision In 2010, Reserve Bank of India announced through its Approach Paper for launching its Risk based supervision system which would require banks to submit over 200 reports. RBI essentially was looking at a straightforward process of collecting data directly from the banks’ source systems’ Common Data Repository …

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Data as the true accelerant for Digital Transformation

Data / By

Data As The True Accelerant For Digital Transformation Digital transformation, previously considered as a competitive advantage, has now become a ‘must have’ for organisations to not just thrive, but survive in the new paradigm. Inevitably, digital transformation has compelled companies to adapt to the changing imperatives of the new market reality and reimagine their businesses. …

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Regulatory Reporting – The current landscape and emerging trends

Uncategorized / By

Regulatory Reporting – The Current Landscape And Emerging Trends In a deeply interwoven world, where a flutter here can induce a burst there, global financial systems function as a unified organism, whose movements greatly impact the world economy. Regulatory reporting and banking supervision is a systemic approach to ensure the health of this organism and …

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