Banking-Compliance-as-a-Service

Banking-Compliance-as-a-Service

IDBI Intech launches BFSI solutions under “Banking-Compliance–as-a–Service”; Anti Money Laundering (i-AML©) & Payment Reconciliation (i-Recon©) PA-DSS Certified: powered by Yotta Enterprise Cloud.

i-AML© a Comprehensive Enterprise Wide Anti Money Laundering solution with built-in robust analytical tools, Parameterized Customer Risk Profiling, integrating with multiple watch-list along with APIs for customer on-boarding and Online transaction monitoring. Capable of processing more than 24 crore Customer-Base for a Single Entity.

i-Recon© (PA-DSS Certified) is an Enterprise Wide Reconciliation, Settlement and Dispute Management solution Harnessing AI & ML Technology. Capable of processing 1.5 million transactions / per minute with upto 99.9% Intelligent Matching with T+1 TAT as per the Regulator and real time proactive adjustment possibility. Solution is Capable to handle exponential increase in transaction volumes without additional cost to client and is easily customizable.

i-AML© i-Recon©


Compliance as a service

AML as a service

As businesses rely more and more on electronically stored customer data, regulatory compliance and security are becoming even more important to an organization’s stability and public image. AML as a Service on cloud offers a way for smaller businesses to navigate the rapidly changing technology and compliance landscape without distracting from their primary business goals.

If you’re looking to improve your company’s security and compliance, consider reaching out to an expert. At IDBI Intech., we help bank and insuarance companies throughout the complete lifecycle of specialized functions involved during implementation of Compliance into the organization , whether that means evaluating a current system or finding a compatible ecosystem or implementing a solution . Our services for compliance include:

  • Anti-Money laundering application
  • Risk assessment against regulation requirements
  • Preventing Internal and Channel Frauds
  • Tracking and monitoring process and System Audits
  • Monitoring NPA and defaults

Payment Recon as a service

Banks and Insurance companies require an integrated reconciliation platform to save on manpower while still providing the best practice reconciliation which is a cornerstone of Intech’s offering. A full audit trail, sign off process and the elimination of spreadsheets is achieved by using payment reconsilation as a service (Raas) on Cloud. Multiple types of reconciliations are being performed and performance analytics being delivered back to the client.

Certified Intech’s Reconciliation platform is highly secure, and benchmarked to reconcile transactions with volume peaks of up to 30 million transactions in a single day.