The Muslim clients' profiles registration and control module is closely intertwined with all modules and subsystems of GNI@ ISLAM BANKING solution and is also integrated through a specially designed service bus with the automated banking system.
All clients, namely individuals, individual entrepreneurs, legal entities, and financial organizations are registered based on the single-window principle with breakdown into actual and potential clients.
Upon creation of a client data sheet, client types are necessarily assigned in accordance with the type breakdown matrix based on the requirements of the management team and/or the regulator. For example, a resident — individual entrepreneur — trade, etc. The system does not have any restrictions either on the number of created types or the number of values in these types.
Based on the types of clients, the accounting model is determined by the type of transaction. The system automatically selects necessary accounts from the setup matrix. Thus, the human factor is completely eliminated at the time of transactions, and the data in analytical accounting always match the data in synthetic accounting, without any manual involvement.
The system also has all the necessary controls in full compliance with the anti-money laundering regulations (AML) and the Foreign Account Tax Compliance Act (FATCA), as well as in accordance with the common reporting standard (CRS).
Demographic and personal information of clients is uploaded to the system and used in other modules, including for the preparation of management and regulatory reports:
- place of education;
- place of work;
- sector of economy;
- other client data.
The module provides a front office for branches and outlets of an organization, as well as a back-office interface for central customer relationship management.
The module includes the main functional blocks:
- client management including editing existing client data sheets;
- registration of questionnaires under Know your client (KYC) procedures;
- management of CRS/FATCA forms;
- creation of an internal client stop-list (blacklist);
- registration and management of client profiles;
- attaching documents to the client's data sheet;
- procedure for checking the availability of documents, validity of documents and data in the client's data sheet.
When registering Muslim clients, a special questionnaire form is to be filled in with further analysis for compliance of the client's activities with Islamic principles. This form has its own built-in constructor, which enables to configure all fields and drop-down lists, including the definition of mandatory and optional fields. The specified form is re-filled in and analyzed when client data change.
This module enables setup and automated generation of required printing forms:
client form and other documents.
This module also enables integration of the client profiles with other external organization systems through a specially designed service bus.