Financial Institutions need to report on huge volumes of transactions. Manual preparation of such reports on a regular basis would be a daunting task. These reports must confirm to requirements both in terms of content and format that may change from time to time.
Reporting tasks are not any more manageable using spreadsheets or scattered and patchy applications. The software provides an integrated platform, a single application for all these reporting needs.
From the Suspicious Transaction Reports (STRs) until the technical reports, a wide variety of suspicious transaction reports can be handled.
Keep up with the reporting requirements to meet ever stricter regulatory demands and avoid substantial fines.