In order to further improve the regulatory ability of CBIRC technically, complete regulatory data standardization, and perform the function of regulatory standardization in preventing financial risks, improving the data governance and compliant development of banking industry, CBIRC revised former regulation and published new regulatory data standardization in 2019. CBIRC requires all the financial institutions and financial registration center to report the data of last month to CBIRC in time before 18th of each month (it will be postponed if there is any holiday). All the branches should report the data of last month to local regulators before 20th of each month (it will be postponed if there is any holiday).
In response to the latest regulation, with deep understanding with EAST data standard as well as rich project implementation experience in data processing and reporting, RIKING launched a regulatory reporting system specifically for EAST 5.0.
This system integrates many kinds of functional modules such as data collection, analysis, checking, reporting, which could help bans to improve reporting process to perfectly handle with EAST regulations. Meanwhile, it can not only satisfy the requirement of CBIRC but also can reduce manual cost and improve the business efficiency.
Data Revisive Support
Interface Method Make Data Steering Modeling Method; Makeup process configuration operation flowchart
Meet the reporting requirements
Built-in various verification rules and regulatory data standard specifications, support the reporting data for multiple report coverage
User interface interaction
The interface layout clearly reports the process in line with the user's habits
System design advantage
The frequency of the reporting submission can be configured, and the collection method can be configured to configure the derivative functional module; supplementary data user permission control and control, historic replenishment data reuse
Data quality review process can be configured
The data process is set up according to the two roles of filling and review, supporting the process of filling and reviewing the process of multiple people in the same table. The operation flows through the task to prompt the user
Automation
In response to the requirements of the specifications, the automated collection of full data is realized to reduce manual entry
The verification formula can be configured
The verification formula is divided into two categories, and the correlation is associated. For the logical logic verification in the non -necessary correlation verification of the supervision, it supports the allocation of effectiveness or not
Data run batch can be configured
Relying on its own ETL scheduling tools, multi -table concurrent running is approved at the same time, reducing the duration of the user's submission period to wait for the data
The submission process can be configured
According to the quality of the report data, support data extraction, automatic generation packets, and manual re -recording modification pages to improve the reporting efficiency
Through the unified management of software, the operating cost and maintenance cost can be greatly reduced. The automatic processing process can replace the manual processing process, to improve users' work efficiency and guarantee the accuracy and standardization of data and reduce the error rate at the same time.
Meanwhile, we can help you optimize the regulatory reporting business process and update the system in accordance with the latest regulations issued by relevant regulatory authorities.
400 921 0806 
