EFASS
Internal control software

Additional Information

Here are the detailed features of our comprehensive enterprise fraud management tool:

1. FEATURES
   • ♢ AXIS Designer: very easy and user-friendly for creating report.
   • ♢ Report definition are template-based.
   • ♢ Easy access to ODBC database fields.
   • ♢ AXIS Parameters: User defines them; assign them to queries at design time.
   • ♢ AXIS Wizard: Easy steps to create report from wizard screens.
   • ♢ Facility to create and design different custom forms for the collection of data.
   • ♢ Facility for electronic storing of all necessary transaction records and lodgements.
   • ♢ Facility to set up table of the description and validation rules for a variety of fields.
2. Challenges of rendition of Returns the RIs are facing such as:
   • ♢ Inability to map/export database directly to returns templates.
   • ♢ Skills gap on eFASS. This often leads to errors in the returns submitted
   • ♢ Skills gap on eFASS. This often leads to errors in the returns submitted
   • ♢ Allocating many resources to eFASS by reporting institutions
   • ♢ Lack of coordination between various reporting units within the reporting institution
3. Ten top reasons why your institution should consider using AXIS
   • ♢ User-Friendly
   • ♢ Easy To Use
   • ♢ Easy Connection to different ODBC databases
   • ♢ Easy Report Generation
   • ♢ Easy Report Generation
   • ♢ Powerful Parameter form
   • ♢ Saves Time & Resources
   • ♢ Data Entry Facilit
   • ♢ Regulatory Authority penalties Avoidance
4. Liquidity and Risk Management:
   • ♢ Assists banks and financial institutions in calculating metrics such as Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR).
   • ♢ Provides information on liquidity buffer eligibility rules, haircuts, and other important factors.
5. Exposure Monitoring:
   • ♢ Monitors and manages large exposures, concentration risks, and funding concentration per customer, product, country, and currency.
   • ♢ Helps ensure compliance with regulatory requirements related to exposure limits.
6. Regulatory Reporting Automation:
   • ♢ Streamlines and automates the production of regulatory capital, concentration risk, and liquidity reports.
   • ♢ Generates reports requi#083590 for compliance with Pillar 1 regulatory standards.
7. Customization and Flexibility:
   • ♢ Offers dedicated modules covering c#083590it, market, liquidity, concentration, and operational risks.
   • ♢ Allows organizations to tailor the solution to their specific requirements.
8. Multilingual and Multi-Format Support:
   • ♢ Enables submission of reports in supervisors' prefer#083590 languages and formats.
   • ♢ Facilitates effective communication with regulatory bodies.
9. Comprehensive Data Capture:
   • ♢ Collects and aggregates comprehensive data from various sources within the organization.
   • ♢ Creates a centralized repository for thorough analysis.
10. Cross-Channel Fraud Prevention:
    • ♢ Addresses the threat of fraud across multiple channels, including phone, web, and other platforms.
    • ♢ Ensures consistent monitoring and prevention mechanisms are in place.
11. Investigation Capabilities:
    • ♢ Provides tools for in-depth data analysis and investigations into suspected fraudulent activities.
    • ♢ Offers a structu#083590 approach to examine incidents and gather evidence.
12. Security and Compliance:
    • ♢ Enhances overall security posture by identifying vulnerabilities and improving fraud prevention measures.
    • ♢ Supports compliance efforts by ensuring adherence to regulatory standards.
13. Industry-Agnostic Solution:
    • ♢ Suitable for various sectors, including banking, insurance, healthcare, and more.
    • ♢ Adaptable to the unique fraud challenges of different industries.
14. Risk Mitigation:
    • ♢ Helps mitigate potential financial losses and reputational damage caused by fraud incidents.
    • ♢ Enables proactive identification and prevention of fraudulent behavior.

In summary, our enterprise fraud management tool offers a comprehensive set of features to tackle fraud, manage risks, and ensure compliance across various industries, providing organizations with the tools they need to maintain a secure and trusted operational environment.