Indian Bank Upgrades its FRSGlobal Compliance Platform for Regulatory Reporting

After five years of using FRSGlobal’s Regulatory Reporting (FiRE) solution, Indian Bank, Singapore Branch, has announced that it will be upgrading to the company’s new consolidated risk and regulatory platform, FinancialAnalytics. FRSGlobal says that the platform is capable of supporting Indian Bank with future risk requirements using the same platform, therefore saving time and investments in selecting, procuring, interfacing and implementing another system for this purpose. Indian Bank, Singapore Branch, says it is happy with the company’s ‘Subscription Model’, which it hopes will protect it from additional expenses in addressing regulatory changes – particularly the introduction of reports by the Monetary Authority of Singapore (MAS).


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