vRegCoSS (Regulatory, Compliance & Supervision System) is a software solution created exclusively for Central Banks and Deposit Insurance Corporations, with the core objective of strengthening their supervisory, surveillance and regulatory role of monitoring financial institutions.
Valtech implemented a complete automated supervision process through Valtech’s vRegCoSS solution, which helped the bank to create completeness of returns / call reports as per guidelines by reduction of average time to create and submit prudential returns / call reports and number of defects per submission by financial institutions and also monitors the performance of financial institutions and assists in the enforcement of regulatory mechanism.