Critical Business Systems
Common Reporting Standard (CRS)
Banking Services and Solutions
VSM’s Services in Banking are rendered with a focus on delivering value. In doing this, we
leverage our substantial domain knowledge along with technology skills, to meet client needs.
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Application Management Services
We have many years of experience in offering AMS to large banks. We offer
quality support supplemented by subject matter training/upskilling to our
teams, technical training, building of knowledge repositories and many other
artifacts to add value to clients.
Domains
- Core Banking Solutions
- Mobile Banking Applications
- Fin Tech applications in retail
- and corporate banking
- Experience: Includes large PSU banks
- Skills: Technical and functional skills in our teams
- Training: Constant skills upgrade of team
- Knowledge: Repositories for quicker resolution
Benefits
- Total ownership of Application Management
- We ensure application stability & uninterrupted run
- Easier Roll Out Of Change Requests because our support team pays special attention to Change Requests
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Trade Finance
We offer a range of services to banks in Trade Finance, including Supply Chain
Finance. We have handled several projects in Requirements definition, and API
Development.
Services Offered
- Requirements documentation
- API Development
- Work flow design
- Application Support
- Custom projects
Skills
- Team of experienced bankers
- Tech team in API Development and custom projects
Benefits
- Our strong functional knowledge helps in better client service
- Saving in project delivery timelines
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FATCA-CRS
We provide Technology, and Functional Consulting services under one
composite engagement contract. We have a robust software solution to
back our services. We are market leaders.
Services Offered
- End to end FATCA-CRS compliance for banks
- Data completeness assurance
- Data Extraction from Core solution-ready API s
- Data Mapping
- Data Remediation’
- Handling queries from regulators
- Subject Matter Guidance
Software Solution
- Data Management
- Classification
- Statutory reporting
- Administrator module
- MIS
India and Emerging Markets
- Leaders in India
- Entry into Africa through partner network
Benefits of our services
- Total ownership
- Error-free reporting
- Mitigation of non-compliance risks
- Audit trail of renediation activity
- Assistance in responding to queries from regulators
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Banks as clients.
Robotic Process Automation (RPA)
We are a partner with global leaders, UI Path. We specialize in Banking process
automation. We have automated over 100 processes in multiple banks.
RPA in banking
- Repetitive processes
- Reconciliations
- Account opening
- Data interface between two systems
- Automated down loads
- And More
Our strengths
- Strong functional expertise
- Can work on project mode as well as FTE mode
- Vast experience of automaton in multiple banks
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Over 100 processes automatedBenefits
- We follow an ROI first approach
- Efficient project deliveries
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Digital Transformation Projects
We have considerable expertise in both software products and projects. With a strong team
of ex-bankers, technical teams and project leads, we carry out digital transformation
projects for banks. Our projects have yielded considerable savings in cost through work
optimization.
Services offered
- Data and Analytics
- Digital first projects
- Application modernization
- API Development
Testimonials
Services provided by VSM team for FATCA/CRS filing is satisfactory and very helpful. The teams’ outstanding technical Knowledge, Very Good functional knowledge, quick TAT and timely output ensured we finished the filing on time and in a satisfactory manner.
Chief Manager
Leading Public Sector Bank based out of Chennai
VSM team has provided services for FATCA related compliances in the most satisfactory manner.
Assistant General Manager
City Union Bank
Branch Visit Automation project developed and implemented by VSM is being successfully used by over 1000+ branches. The system is easy to use, automatically fills the quantitative data from MIS/CBS system and provides timely analytical reports. It has been a good experience to work with the VSM team.
Chief Manager
South India Bank
Clients
Partnerships
