Achieving Regulatory Compliance With Automated Data Flow Approach
The changing paradigm of banking regulations all over the globe has ensured that the CTOs of leading banks and financial institutions look at Audit, Risk and Governance with a renewed focus. To overcome these challenges Ramco's ADF solution is designed. This is to help banks achieve complete automation of RBI reports. Not only is it a pre-built product, it also follows a data-model approach rather than a report-centric approach. This ensures that the product is scalable, capable of extending to accommodate further changes and weather an ever-changing regulatory environment. The benefits of ADF solutions are CDR based architecture which is a key cornerstones of the RBI approach, master data framework and conversion layer.