Regions/Middle East & Africa/Saudi SAMA Reporting
Global regulatory reporting platform enabling a "codeless" conversion from a standardized Data Schema to multiple regulatory formats
  • UI based Business Rules Engine and Validation Check Definitions
  • "Excel Like" Report Template and data mapping tools
  • Powerful collaboration, document management and review tools
  • Submissions in multiple formats including XBRL
  • Logical Data Model* for Central Bank Reporting
  • "Excel Like" Report template development tools
  • Can be implemented on any Data Repository including Global Data Warehouses
  • Codeless interface to maintain the Regulatory Rules and Data Validations
  • *(Optional)
  • Codeless platform implementable on existing data infrastructure
  • Complete independence from IT on all change management activities other than acquiring new data sources

SAMA requires banks to submit over 60 returns covering areas like the investments made by the bank, current exposures ,financials and the deposit base of the bank. Supplementary details like the footprint , details of staff also need to be reported. Several of the reports, require information to be presented in regulator defined bands(balance bands, tenure bands) or as per definitions like the "economic sector" in the context of the bank's asset portfolio .

The Fintellix SAMA Reporting solution can be implemented on the bank s existing data infrastructure with a codeless interface for Business Analysts and Business users to maintain the Central Bank defined data conversion and validation rules as well as the visual/XBRL templates.

The powerful classification engine allows Business users and analysts to configure things like exposures, GL items, Industry classification on granular portfolio data using business dimensions that the Bank is already used to managing.