Statutory Compliances

Predict, Measure, Manage Risk, & Ensure Statutory Compliance

In the BFSI sector, many organizations rely on third-party reporting or in-house Excel-based calculations to generate Statutory Compliance Reports. However, having a comprehensive, built-in solution for 'Statutory Reports' within the CBS legacy system is uncommon in the industry.

TrustBankCBS addresses this gap by offering a unique, embedded solution within its CBS platform. This solution includes a Reports Configurator and pre-configured Business Logics for Statutory Reports. The Reports Configurator provides BFSI with the flexibility to adapt to changes in logic or formulas resulting from updates in bank, regulatory, or central bank policies.

TrustBankCBS generates these reports without the need for manual intervention, such as editing or data recompilation. The reports can be published directly to the Central Reporting System via XBRL, ensuring a Straight-Through Processing (STP) mode that eliminates human involvement.


TrustBankCBS provides a comprehensive Statutory Compliance Reporting solution with over 100 reports that banks can generate and submit periodically. These reports cover a wide range of topics, including:

  • Asset Liability Management (ALM) Reports
  • Offsite Surveillance System (OSS) Reports
  • CRR Register, SLR Register
  • Fraud Management Reports, Financial Intelligence Reports
  • Statutory Reports for Liquidity Registers, NDTL, Monetary Aggregate, Unclaimed Deposits
  • Central Bank Auditors Reports (e.g., RBI in India)

The TrustBankCBS Statutory Reporting solution is built on a robust and scalable data warehouse architecture, ensuring it can handle increasing data volumes and evolving business logic in regulatory reporting. Key features of this solution include:

  • Centralized Data Warehouse with an embedded ETL tool
  • Developed the TrustBankCBS platform, capturing all necessary data at the user level, minimizing the need for generating missing data for reports
  • Automated and scheduled extraction processes
  • Configurator tool to adjust business logic as needed
  • Supports compliance with internal analytical reporting, internal MIS reporting, and statutory reporting to regulatory bodies
  • Parameterized and configurable data models
  • Continual updates to meet changing statutory compliance requirements

The generation of automated compliance reporting through the CBS software ensures the cleansing and maintenance of accurate data. This data cleansing on the embedded reporting platform results in accurate operations, enhancing customer service and financial accounting within the CBS solution. The TrustBankCBS Statutory Reporting solution delivers the following value to BFSI:

  • Accurate and timely statutory reporting compliance
  • On-click report generation, enabling easy, quick, and unchanged retrieval of saved historical statutory reports
  • Fast, time-efficient, and economical solution
  • BFSI are always prepared and ready for statutory audits
  • A 360-degree view of branch and bank operations
  • Increased efficiency with minimal manpower required for statutory reporting and compliance
  • Improved risk management, surveillance, and asset & liability management
  • Successful audit compliance, ensuring auditor satisfaction

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