Amukha Early Warning System Makes RBI Regulatory Compliance Easy

RBI’s press release section makes for an interesting browsing experience. If you keep aside the periodical updates like auction results, forex data reports, etc., what catches your eye most are the notifications related to monetary penalties on banks and other FIs.

We at Amukha keep our eyes and ears open for anything related to RBI; more so for any punitive action taken by them. The reasons are obvious. We keep learning from you and help you by taking care of most of the reporting formalities with as much history as you wish.

Amukha’s innovative Early Warning System (EWS) application is built for helping banks and FIs to comply with the regulatory and compliance-related guidelines issued by the RBI.

5?Key features of Amukha EWS application from regulatory and compliance perspective are:

1.?Classification of Accounts based on Risk Grades

2.?Identification, Classification and Reporting of Red Flagged Accounts (RFA)

3.?Capability to Consume RFA Data from other Banks and Trigger Alerts

4.?RBI RFA Alerts Generation, Monitoring and Review as a part of Workflow Management

5.?Ability to generate Regulatory and Compliance Reports on the go

Regulatory and compliance obligations are not the only heavy lifting that we do for you. There are many more.

To know more about our product offerings, please contact us at [email protected].