With the perfection of China financial regulation law and the boost of financial revolution, to better regulate and manage all types of financial institutions for PBOC, CBRC and SAFE, regulation departments require all kinds of financial institutions to report related business data in accordance with regulation requirements and rules. However, the regulation reporting data is with the feature of wide source, large amount, short reporting period and highly required data quality, etc.

According to the internal requirements of the financial institutions and regulatory requirements, RIKING has launched the “FBDS” solution.

At present, the system includes PBOC Reporting Solutions, including such modules as Business Credit Reporting System (as MBT), PBOC Data Centralization Verification System (as PBOC Report), AML Report for Large-Value and Suspicious Transactions (as AML), Financial Standardization System (as FSS), etc., CBRC Reporting Solutions, including such modules as CBRC 1104 Report Verification System (as CBRC 1104 Report), Online Verification System (as OVS) for MSS, MPS, HPC and SP, etc., and SAFE Reporting Solutions, including such modules as Bank’s Own External Debt System (as EXD), Capital Finance Accounting System (CFA),International Balance of Payment (as BOP), FX Account Management System (as ACC), FX Internal Account Settlement (as JSH), Individual Foreign Currency Cash Withdrawal and Deposit System (CWD), and Foreign Finance Assets & Liability System (as FAL). In addition, FBDS can also provide VAT Solutions, including such modules as Financial Industry VAT Management System (as FINVATS). As well as other customized systems, including such modules as Customer Info Management System (CRM), Telecom Anti-fraud Software (as TAF), Banking Operational Data Store System (BODS), etc.