Kyzer’s Trade Finance Reporting Solution (TFRS) has been successfully implemented in banks to support their transaction records accurately and submit them at the stipulated time as per various Regulatory prescribed formats.
Trade Finance Regulatory Reporting Suite is a one stop solution that enables banks to efficiently automate and unify their regulatory reporting data with RBI, DRI, FIU India’s regulatory compliance requirements.
RBI portal secure handling with access limited only with administrator
Master Set up equivalent to RBI Portal
Multiple logins creation across the bank for processing
Smart Mapping - Payments & Invoice or Shipping bills
Direct integration with CBS / Integration via scheduler
Additional fields / information insertion to ensure complete reporting to RBI.
Zero Manual intervention - Shipping bills handling.
Auto Checker facility also available
End to end Audit with time stamp
Manual settlement approach
Single view mapping
Multiple scenarios of Settlement handled
Online process – Overall simplification of reporting.
Paperless secure transmission - data related to imports/exports from customs.
Adjustments and calculations handled.
Settlements info to customer.
Automated compliance, reconciliation, and reporting for Trade Transactions (Export / Import) to regulatory agencies.
All trade related regulatory reporting across multiple agencies.
Web interfaces for the bank to handle processes not available in their current trade system or involves high cost for CBS modification.
Masters management within the solution offers validations to ensure optimum accuracy of reporting.
Discontinuation of separate reporting & Shift from Manual reporting to Automated reporting as per RBI guidelines.
Banks enabled to report remittances at all levels.
Modules Supported – EDPMS / IDPMS
22, 2nd floor, Techniplex-1, Veer Sawakar Flyover, Malad-West, Mumbai -400064
+91 70458 48853