Central KYC Registry is a centralized repository of KYC records of customers in the financial sector with uniform KYC norms and inter-usability of the KYC records across the sector with an objective to reduce the burden of producing KYC documents and getting those verified whenever the customer opens New Account with New Bank. The integrated CKYC Module designed to upload Single record or Bulk upload recommended data & data format by the institute.
Anti-Money Laundering refers to a set of Rules, Regulations, and Procedures intended to prevent financial crime – specifically, to detect, identify, and report money laundering activities. Though anti-money-laundering (AML) laws cover a relatively limited range of transactions and criminal behaviors, their implications are far-reaching. Designed to detect the suspicious transaction(s) based on rules defined by IBA and FIU-IND. Multiple-user roles and Two-way monitoring with such and many more facilities to get the bank into stronger position.
GST is an integrated Module in CBS, making it easy for Banks to record and manage GST filing & Reconciliation. Emailing the system generated GST Invoice to the customer is an integrated feature of this module. The features will allow user to accept all kinds of vendors and maintain related purchase-register.
CERSAI is providing the platform for filing registrations of transactions of securitisation, asset reconstruction and security interest by the banks and financial institutions. JJIT has extended the CERSAI automation by providing facility to accept the details in CBS. Later the data is transformed into information and made available to upload. Each record is identified by Security ID connected to account(s).
The banks have been recording customers’ feedback, reviewing it and analysing the reason behind the feedback / complaint registered. Now it is much easy to maintain the same in digital format, as the data consolidation can be done by the application and provide analysis on the records registered. The templated-based screen, will help the customer to quickly record the complaint and that can be easily analysed to propose solution to the registered complaint.