Contact

FinComply

  • Home
  • FinComply
  • IFRS Supplement
  • Related Party

Want to know more?

Please reach out to us and we will be happy to share details.

Contact Us

The Compliance Platform for your Fincom needs

Compliance requirements change continuously in Banks. New Reports and Formats are added frequently. The FinComply platform integrates compliance reports while taking care of all supporting needs. New Compliance modules can be added with ease. 

Key Features

Accurate and concise information is displayed, enabling quick decision-making.

User Management

Common User Management with flexibles access permission for view/edit/delete.

Data Preprocessor

Proper cleanup of data. Conversion to desired formats.

Backup Scheduler

Programmed data backup that keeps your data safe. Flexible rules for planned backups.

Common logging/Auditing

Extensive Auditing of user actions and handling of data

Import / Export

Data Extraction from sources with supported File formats such as Excel, CSV .

Key Modules

IFRS Supplement

Learn More

RelatedParty

Learn More

LeaseRental

Learn More

AutoCRAR

Learn More

IFRS Supplement

IND-AS Financial Statements have to be made by both banks and corporations. To meet the Sec Reporting requirements, you have to switch to IFRS. These things need to be done with a lot of data that is usually in excel spreadsheets. KCS has a number of products to meet the different needs of compliance.

  • Loan amount calculations based on loan category
  • Identification of Staff Deposit, Staff Loan etc.
  • DSA data for trend analysis
  • Loan Trend
  • Amortisation Report

Frequently Asked Questions

Quite often, the core IFRS system cannot handle the ever changing reporting requirements. This system helps address these requirements for timely regulatory reporting.

Related Party Government

  • Tracking of Related Party Transaction
  • Data from multiple verticals collated
  • Related Party Transactions are identified
  • Analyse and generate Acconting Standard and SEBI reports.
  • Monthly, Quarterly and Yearly comparison to identify trend
  • Related Party transactions need to be reported under various regulations/regulators like SEBI, RBI, AS18, IND AS24, IAS24, CA 2013 Section 2(76),FCetc.

Frequently Asked Questions

A new individual or entity can be added as related party.

Lease Rental Solution

Lease Rental is a complete end-to-end retail banking solution serving small to midsize banks (co-operative banks). It automates and manages the complete application processing flow of any retail finance instruments.

  • Amortization at fair valuation of Lease Rentals.
  • Lease calculations and various reports such as pre-terminated lease, time terminated lease, multiple modification
  • IND-AS and GAAP Reporting Standards are supported.

Frequently Asked Questions

Yes,  Multiple Modifications are handled. The system can also handle changes in Lease terms (Reduction / Waiver) due to COVID.

AutoCRAR

  • Basel III Compliant - Per Basel III capital regulations, Banks are required to maintain Capital Risk Adjusted Ratio (CRAR)on an ongoing basis.
  • Daily Trial Balance
  • Computation of total RWA and CRAR % at individual and subsidiary level
  • Reports - data reporting for individual asset types
  • Authorisation - Multi level Maker-Checker Authorisations

Frequently Asked Questions

Yes. Systems facilitates calculation of CRAR on daily basis.

Give Us A Call

+91 98805 96933
+91 22287 26577

Email Address

contact@kcssoft.com

Office Location

10/93, Sidarth Nagar V, Goregaon (West), Mumbai - 400104

Kalpataru Computer Services primarily focuses on providing software and solutions to the finance and banking sector.

Linkedin Facebook-f Twitter

Quick Links

Useful Links

Newsletter

Stay up-to-date with the latest products, updates and special offers by subscribing to our newsletter.

Copyright © 2023 | All rights reserved.

Designed & Developed by Redwind

Fill in your details and our team will get in touch with you.