TrustADF empowers the banking industry to face competitive and ever-changing regulatory requirements. TrustADF provides accurate, secure, and up-to-date information i.e. reports to assist BFSI.

  • Optimize their business operations.
  • Comply with increasingly stringent regulations.

It is more challenging for banks to keep up with the changes in regulatory requirements.

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BFSI's ADF Reporting Challenges:

  • Banks must comply with statutory reporting to bodies like the RBI and NABARD.
  • Delayed, incomplete, or incorrect reporting can attract penalties or undue audit attention from the statutory bodies.
  • The transactional systems implemented at banks are inadequate.
  • Sometimes they don’t have built-in reporting solutions.
  • Due to the multiple databases within the enterprise, fetching the data in an effective way requires great effort with the existing systems.

    • Solutions Offered


    TrustADF is a complete solution for the statutory report generation required by BFSI organizations. TrustADF offers a comprehensive suite of reporting capabilities, enabling banking and financial institutions to generate both statutory and analytical reports, including:

    Reports

    RBI/OSS/ALM/AML reports (statutory statements)/RBI Audit (1–10)

    Analytika Tool

    Analytika Tool

    KRA Dashboards

    KRA Dashboards

    Graphical Dashboards

    Graphical Dashboards

    Key Functionality : of TrustADF

    Data Warehouse :

    Creating a data warehouse for TrustADF, also known as the reporting solution, The data warehouse stores data and information from multiple resources. It acts as a central repository for different information and data in an efficient and secure manner. It serves as a centralized hub for data storage and exchange, enabling users to effortlessly make enhanced business decisions.

    ETL Tool :

    The ETL tool is used to extract and load data into a data warehouse for the Stat-ReportHub Database. One of the most important parts of the data warehouse is extracting, transforming, and loading data from the different operational transactional databases.

    Trust the MDM (Master Data Management) tool :

    Trust the MDM (Master Data Management) tool to correct the faulty master data or feed the missing master data items. The tool is designed to identify the most critical information within an organization. By eliminating duplicates, standardizing data, and implementing rules to prevent incorrect data from entering the system, it facilitates master data management, thereby establishing an authoritative source of master data.

    Transforming, Cleaning, and Conforming :

    Improve data quality by formatting, merging from multiple sources, enforcing consistent dimensions, and performing comprehensive data cleansing.

    Extracting :

    Data profiling involves accumulating raw data from source systems and storing it in an ETL staging environment to identify information changes since the most recent load.

    Data Loading:

    Data is loaded into warehouse tables.

    Statutory Submission and Analysis :

    For sound decision support, trust ADF to ensure the timely generation of reporting for statutory submission and analysis across the bank.

    Delivery of various reports :

    Delivery of various report utilities, comprising reports offered by Stat-ReportHub.

    Benefits

    Configurable regulatory rules, compliances and data validation rules.

    Historical data availability and comparison.

    Reduce stress on the existing system and integrate multiple sources of data.

    There are different report formats: CSV, XLS, and PDF.

    Analytical and graphical dashboards.

    Enhance the quality of data by implementing a controlled mechanism for data cleansing.

    User interface.

    Built-in ETL tool.