Ramco's ADF solution is designed to help banks achieve complete automation of RBI reports. Not only is it a pre-built product, it also follows a data-model for ESS/DSS/MISpurpose rather than a report-centric approach. This ensures that a Bank can not only take out all the reports required for ADF compliance but also use the Data Model for Performance Management at various hierarchy level, capable of extending to accommodate further changes and weather an ever-changing regulatory environment.
Ramco ADF solution is a solution suite which consists of the following:
.Centralized Data Repository with provision for data enrichment to complement missing data elements as a part of Ramco's Universal Database
.Embedded ETL (Extract-Transform-Load) engine to carry out extractions / transformations
.Comprehensive data model capable of addressing RBI requirements and bank's internal MIS requirement
.Automatic Scheduling of returns submission and publishing in RBI mandated XBRL format
The objective of ADF is to ensure that the Bank achieves complete automation by eliminating manual intervention and ensuring uniformity and reliability of information while submitting its returns to RBI with the help of a Centralized Data Repository (CDR).