In order to collect the foreign financial assets and liabilities and transaction statistics of foreign exchange business, SAFE published
FAL system was developed on the basis of articles and interface specifications issued from SAFE, and according to the latest article released by SAFE in 2016, RIKING did relevant amendments and updates accordingly.
FAL system helps increase the work efficiency and data accuracy of financial institutions via ETL tools to realize automatic data extracting, report generating/submitting as well as report feedback.
Efficient Data Collection Capability
Multiple data collection from banks core business system; Automatic data processing ensuring the accuracy and efficiency;Providing multiple data extraction methods; ETL automatically distributes tasks to realize data automation processing; Reducing the manual entry risk and improving accuracy and efficiency.
Flexible Data Adding Capability
Manual input for missing data and flexible data processing according to actual needs.
Accurate Data Verification Capability
Multiple verification Mechanism;
Report Data Verification;
Balance information relation verification.
Advanced Basic Framework
The system is developed based on SpringBoot framework and advanced JAVAEE language. It supports multiple data platforms and databases, and has a strong extensibility and applicability.
Automatic Report Processing Function
Different branches generate the corresponding reports;
It can automatically generate reports and directly/indirectly submit reports.
Feedback Information Management Function
Automatically processing feedback information;Automatically correcting feedback error.
Through the unified management of software, the operating cost and maintenance cost can be greatly reduced. The automatic processing process can replace the manual processing process, to improve users' work efficiency and guarantee the accuracy and standardization of data and reduce the error rate at the same time.
Meanwhile, we can help you optimize the regulatory reporting business process and update the system in accordance with the latest regulations issued by relevant regulatory authorities.
400 921 0806 
