• Regulatory Requirement

    As a sub system of SAFE systems, JINHONG System, which includes the BOP system, is one of the 12 of national key planning & construction e-government systems. As a subproject of JINHONG Project, “BOP Reporting System” mainly aims at collecting and submitting relevant transaction data of cross-border payment. Required by SAFE, banks’ BOP reporting data has to be reported before 12:00 the first workday of transaction occurs (T+1), which puts forward a high requirement for bank’s data submission period and data accuracy.

  • Solution

    To help banks to report internal BOP relevant data to SAFE JINHONG platform more easily and accurately, RIKING has designed an “International Balance of Payment System” (as BOP) Solution facing all types of financial institutions.

    BOP can automatically collect banking business data, and verify, analyze and process data in accordance with specifications , which can provide accurate report data to SAFE of basic type, report type, verification type via automatic interface, to further enhance bank working efficiency.

Functions & Feathers
  • Flexible Setup of Automatic Interface/Semi-automatic Interface

    Through access setup, the system can fulfill automatic interface and semi-automatic interface data submission.

  • Efficient Data Collecting

    Multiple data collection method;Complete data collection logic;Comprehensively meet the regulatory data collecting specification.

  • Strict Data Verification

    Multiple verification in data adding, verification and output to ensure data accuracy.

  • Integrated Query Rules and Error Rules

    According to the latest regulatory requirements, query rules and error rules are added and the rules can be configurable. It can be upgraded timely according to the new regulation and the rules can also be added according to bank’s requirements.

  • Comprehensive Feedback Handling

    Automatic feedback information processing and error information processing.

  • Supporting the Use of Multiple Branches

    System is deployed at the headquarters and other branches can have access to generating and submitting cross-regional data.

  • Business Optimization

    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.