Macro Global (MG) the UK based IT products and services company have been offering more advanced and evolving FinTech and RegTech solutions to over 25 plus Banks in the UK and expanding across Europe & MENA markets. We are one of the leading and fast-growing vendors in the Regulatory Technology space and are very well known as the most trusted strategic technology partner by our clients in the UK and European markets for easing out their compliance obligations and regulatory burdens.
As part of our cloud adoption strategy and being a Microsoft Gold Partner, we have tailored our CRS solution as a Secure Cloud-based Web Application by automating the entire processes around CRS reporting with all our experience & expertise in the regulatory landscape.
This strategic change ensures our customers are transitioned to a much better “Fully Supercharged, Single licencing, All-in-one SaaS Platform” that takes care of your business round the clock, “Anywhere, Anytime, Any Device”.
Our CRS solution facilitates the financial institutions to extract the raw input data from disparate datasets and to enrich the same by making amendments at the customer level “within the application”. Banks can make use of the updated CRS data to generate and email the customised self-certificates for the individual, entity and controlling person customers with a touch of a button.
The generated CRS XML file is subjected to 90+ CRS specific audit validations to identify the inconsistencies within and to categorize them based on their severity. The banks can utilise the extensive “Risk-based Audit Report” generated out of our solution to identify and mitigate the risk items around the source data which could trigger non-compliance of HMRC CRS reporting mandates.