Ethic-RBIA inspection

Special features and Benefits

RBIA is one of the major requirements of Banks in moving over to RBS. The application being
    RBIA Compliant, it enables Banks fulfill regulatory requirements. Moreover, risk audit matrix, 
    which is fully   generated in the application, can enable Banks to move towards the Advanced 
    Measurement Approach for Operational Risk under Basel II.

Transaction audit and risk analysis covered in the same application.

Based on Inspection Manual & Risk analysis methodology of the Bank, with choice to set
    parameters.

Enables Off site audit on quantitative points, thereby reducing inspection man-days, limiting 
    branch visit to documentary checks, verifications and inspection of qualitative points.

Automatic generation of risk and risk trend analysis on any risk factor across a branch or 
    region of the bank as a whole. Supports the top management to take vital policy decisions. Other
    reports like inspection report, follow-up report, graphs as per Bank’s requirements are also
    automatically generated.

Reduction in time spent on inspection and follow up through the application cuts down 
    manpower requirements considerably. Time spent by branch staff for inspection co-ordination is
    also greatly reduced.

Cost of stationery and other operational expenses cut down drastically.

The application is modularized to accommodate the roles of various authorized users, as shown below

Administrator Login:

Inspectors’ panel maintenance, leave marking, user creation, Inspection scheduling, assignment of inspectors and maintaining historical inspection data for anytime reference.

Inspector Login:

Automatic analysis of supporting data and display of performance percentages, Automatic flow of inspection points, coverage of Spot rectifications and special reports, recording observations/grades, instant generation of inspection report and on line viewing by Branch officials for quick rectifications. 

Inspection Department Login:

Awarding marks and generation of Branchwise / regionwise and risk factorwise risk evaluation chart, trend analysis report, inspection points closure status and other very useful MIS and graphical reports. Systematic follow up and closure of inspection points. 

Branch Module:

For use at the branches to electronically respond to the irregularities observed by the inspectors and to respond to the queries raised by the Inspection / Follow up department.