Typically most banks generate Central Bank reports by obtaining large data from various sources and then collate them to make required report formats. This process takes around 20 man days to complete. 4Sight Technology introduces CBRS, the smart tool for preparing the periodical reports mandated by the Central Bank. No more hassles of dealing with data extraction from multiple sources on the core banking system.

In addition to automatically extracting raw data from core banking application, 4sight CBRS will consolidate and present the information as either physical reports or as soft copies, as and when required. By using CBRS, the process can be done within 20 minutes depending on the volume of transactions.

CBRS is a product that has been developed using Foresight's experience in the banking industry and through our thorough understanding of Central Bank's mandates and requirements. Central Bank regulations have predefined formats and requirements based on the entity's nature depending on whether they are a local, foreign or islamic banking unit. 4Sight CBRS generates the standard reports mandated by the Central Bank and goes a step further to generate analytical reports required by management.