Directorate of Revenue Intelligence
Directorate of Revenue Intelligence Reporting
The Reserve Bank of India has asked Authorised Dealer-I Banks to share data with the Directorate of Revenue Intelligence (DRI). Banks need to furnish, electronically and Securely via SFTP, “information relating to foreign exchange transactions made or received by any person” to the Directorate of Revenue Intelligence.
DRI Reporting Solution
Kyzer uses its regulation technology to make it easier and cost effective for banks to comply with regulatory reporting to Reserve Bank of India, Directorate of Revenue Intelligence, Financial Intelligence Unit of India and other compliance obligations.
Through TFRS, our regulation platform, banks report millions of transactions a day to comply with these regulations as well as use this data to gain visibility into their organizations and make informed business decisions.
Streamline compliance process
Fast Filing Regulatory Reporting
Automated Process
User Friendly system reduces Manpower Costs in redundant activity
Multiple Source Data Extraction
Timely notification, alerts for reporting
All regulatory reporting changes covered in AMC
Lets Take Our Conversation Ahead
Automate all of your regulatory reportings to government bodies in one Regulatory Suite platform.
The Bank implemented Kyzer Trade Finance Regulatory Management Solution for Reporting to RBI and FIU-India. We benefitted a lot from the Kyzer’s banking domain expertise. We acknowledge their efforts throughout the project implementation and the excellent support provided.
DRI Solution Features
Reporting of all Inward & Outward Remittance
Daily reporting of all Inward & Outward Remittance as per the csv format provided.
SFTP Site Management
Creation of a SFTP site with 10 GB Space allowing SSH access.
Solution upgraded with SFTP Services enabling rapid deployment & reporting ease.
Enterprise Grade solution
Enterprise-grade solution with ability to operate within the existing IT & applications landscape.
Flexibility to extract data from Multiple source systems with in-built validations.
SFTP Site Data Security Management
Strict server access policies by authorised bank administration and Secure SFTP folders in place to ensure data security.
SFTP Account Management
Dedicated SFTP account username and password to be provided to DRI.
Offline transactions data
Maintenance of offline transactions data files (min. 5 years) to be available on an ad-hoc request basis.
Why Banks Choose Kyzer DRI Reporting
Compilation & Reconciliation
Automated compliance, reconciliation & reporting for Trade Transactions across all platforms
Regulatory Reports Business Intelligence
Customization to Automated Reports, Kyzer also provides Business Intelligence for improving Customer eXperience / TAT
RBI Portal Master Management
Masters management within the solution offers validations to ensure optimum accuracy of reporting.
Request Your Free Demo
- Get started with your free demo and discusssion and see how you can digitize and automate your banking automation requirements.
- Trade Finance specialised solutions for Money Laundering, Customer Digital connect, Regulatory Reporting.
- Create and track all past reconcilied data and reports presentations under regulatory all in one Place.
- Web based portal funtioning within the banks intranet allowing you to complete data access for reports and audits instantly.
Questions? We'll Assist You!
Are you prepared to put your Trade Finance on Auto-Pilot With TRADEZONE?
