Clari5

Clari5 Regulatory Reporting Application

Simplify your FIU-IND FINnet 2.0 Compliance Reporting

Clari5 Regulatory Reporting Application

Clari5 Regulatory Reporting Application (CRRA) assists Reporting Entities (REs) in complying with the newly introduced regulatory reporting standards of national importance. CRRA helps reduce the burden on REs by migrating to FINnet 2.0 reporting standards and redefines the process of collecting, validating and processing the data to gather more intelligence by detecting patterns related to money laundering and illicit fund flows.

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  • Can be integrated with existing AML system or deployed as a stand-alone application
  • Data Ingestion from various source systems of the FI
  • UI for report generation and tracking generation of .zip files per report type
  • Supports UCIC-based reporting
  • Data validations according to FINnet 2.0 validation rules (Includes Metadata, mandatory checks, etc.)
  • Support for a wide variety of Reporting Entities (REs) and lines of business

How can Clari5 help my bank?