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Risked-based Capital Reporting

Timely and Accurate

Comply with statutory requirements and meet submission deadlines on time - by automating the entire end-to-end workflow of regulatory reporting, from data consolidation and validation to report delivery.

Generate timely and detailed reports

The Optimai RBC System is able to:

Provide submission figures with detailed supporting reports

Deliver reports that comply with SGX reports

Perform data cleansing efficiently

Meet weekly and monthly submission deadlines

Monitor Total Risk Requirements (TRR) daily

Respond quickly to MAS’ ad hoc queries

 

Reduce error-free regulatory reports

Produce error-free regulatory reports and generate them in a shorter time aided by the Optimai RBC System’s

Automated processes

Data cleansing (on a need basis)

Detailed supporting reports (makes data investigation easier)

Data rectification and data integrity supported by full audit trail

 

Optimise financial resources

The Optimai RBC System can help stockbroking firms and asset management companies lower counterparty risk by:

Setting different provision levels for doubtful debts

Adding specific provisions

Monitoring clients’ trust money and contra gains

Monitoring TR’s retained money

Simplify RBC Regulatory Reporting

Optimai Risk Based Capital (RBC) Regulatory Reporting supports reporting requirements under the Monetary Authority of Singapore (MAS) Notice on Risk Based Capital Adequacy Requirements for Holders of Capital Markets Services Licenses [Notice No. SFA04-N13].  More than 1,170 RBC items as defined in SFA04-N13 have been pre-configured, classified and documented on our platform.  

Implementing RBC on the platform is easy, we just need to map your GL accounts to the RBC items.  It works with all accounting systems.  

Upon implementation, you can simply upload your GL account via EXCEL, and the system will generate the RBC reports in XML format for import into MAS forms for submission.

Form 1 - Statement of Assets & Liabilities

Form 2 - Statement of Financial Resources, Total Risk Requirement and Aggregate Indebtedness

Form 3 - Statement Relating to the Accounts of a Holder of a Capital Markets Services License

Form 4 - Statement Relating to the Accounts of a Holder of a Capital Markets Services License- Supplementary

Form I&E - Income & Expenditure

Form 2 -Details - Form 2- CRR and PRR

ORR - Operational Risk Requirements

Optimai RBC is a flexible solution.  You will be able to review and adjust (if required) the reports with maker-checker control and full audit trail.