Banks & Financial Institutions face-increased pressures by numerous factors such as globalization, regulations and customer expectations that make banks to rethink on their business operations. Cutthroat competition, product and market innovation, need for integrated risk & compliance management and the need to automate business processes ads additional pressures to the existing. iCAST offer financial institutions a simple and efficient way to meet compliance requirements in a sustainable manner.

iCAST compliance suite is designed to address the compliance needs and enables to have a competitive edge. Compliance module enables institutions to comply with stringent Basel II, IFRS-GL/IAS, Sarbanes Oxley, MiFID and Anti-Money Laundering regulations. iCAST helps institutions to drive towards sustained compliance strategy and provides the foundation for continues improvement of both internal environment (in terms of balancing cost, time, and control quality) and its governance capabilities.

The financial intelligence box in iCAST provides more than 80 predefined layouts specific to different regulatory standards. Reporting layouts enables financial institutions to comply with multiple jurisdictions and to multiple regulators. This includes a rich set of analytical functions such as Customer Profitability, Wallet Share Analysis, Customer Attrition Analysis, Liquidity Analysis and more.

The financial intelligence box in iCAST provides predefined layouts specific to different regulatory standards. Reporting layouts enables on demand compliance to multiple jurisdictions and to multiple regulators. This includes a rich set of compliance based analytical functions such as ECB reporting, Sarbanes Oxley Act Analysis, Balance Sheet Analysis, Suspicious Activity Analysis, Structure of Regulatory Capital and many more. It satisfies the regulatory requirements norms by generating automatic regulatory reporting and trustworthy validations