System Characteristics
- the management of seizures by a bailiff and administrative enforcement bodies
- the integration of banking systems in order to manage seizures by a bailiff with the KIR Ognivo system
- the exchange of information between an enforcer and a bank, and
- the archiving of data according to the obligation of storing data for 10 years.
The system provides:
- the information about the number of messages awaiting processing by a bank
- automatic registration of messages from internal bank systems
- automatic generation of answers based on business rules
- the management of an enforcer base
- updates of the enforcer base
- a mechanism of signing an answer with a qualified certificate
The solution can be integrated with a system for the management of seizures by a bailiff, which exists in a bank (the component functions as an additional source of data required in the process of the management of enforcement notes). It can handle a few full messages at once, within 1 second.
Key benefits from the implementation of the Risco Electronic Seizures system:
- it MINIMIZES the risk of not fulfilling the requirements of the law and of being punished for that
- it AUTOMATES a process, which has been, till then, realised manually
- it can be ADAPTED to the needs of any bank
- it SAVES time and reduces the costs of system management
- it can be EXTENDED in order to accommodate the specific requirements of a particular bank
- it is EFFICIENT because it processes an enormous number of messages in a short time, and
- it can be AUDITED, i.e. it has a detailed log of message processing that can be used in a crisis situation