Track, monitor, remediate and scale up your customer data with minimal man-hours
SCV Alliance – FSCS SCV Audit Platform comes with integrated business modules including a custom-made design to support high-level data enrichment with choice of multiple input file formats and quality data outputs.
Book a DemoThe best solution to all your challenges around FSCS regulatory reporting
Reduce Risk, Save Time and Ensure Accuracy.
Data Aggregation
Fully automated intelligent platform provides you with the utmost data integration, managing account segregations carefully using linked accounts and related datasets. Generates accurate SCV reports to the satisfaction of FSCS.
Data Quality
Easily integrate with CBS, facilitates multi-level data validations and control procedures using AI-based fuzzy logic, prevents data duplication, and generates accurate SCV reports quickly in the correct format for FSCS submission.
Data Privacy & Compliance
Complies with ISO standards and FSCS regulatory requirements. ensures a high level of data security and compliance throughout the entire regulatory life cycle. Protects your SCV output files with a highly encrypted and complex password mechanism.
FSCS SCV Enterprise Solution Suite generates necessary reports, reduces the compliance risks, and retains “Green Status Adherence” with PRA for
Unlock Efficiency and Accuracy in FSCS SCV Regulatory Reporting. Elevate Compliance
Shorten your FSCS SCV reporting time by 30% with our SCV Alliance – FSCS SCV Audit Platform. Software designed for effortless and error-free electronic submissions to RegData ensures significant efficiency gains.
Checkpoints
- 175 rigorous checkpoints to track and report potential High & Medium risk data issues using complex algorithms and external data sets.
- Our data validation rule engine runs hundreds of dissections defined by PRA on your data and generates accurate reports which tick every box for FSCS regulatory compliance requirements.
Dashboard
- Interactive dashboard empowers to visualise the status and progress of static business reporting, and license information.
- Highlights the potential errors which gives users the competence to drill down their data to any level of granularity.
- Provides quick access links to the key modules without leaving the dashboard screen and provides a better user experience.
Audit
Well Classifiied 175 Checkpoints
- 175 rigorous checkpoints to track and report potential High & Medium risk data issues using complex algorithms and external data sets.
- Our data validation rule engine runs hundreds of dissections defined by PRA on your data and generates accurate reports which tick every box for FSCS regulatory compliance requirements.
Comprehensive Dashboard
- Interactive dashboard empowers to visualise the status and progress of static business reporting, and license information.
- Highlights the potential errors which gives users the competence to drill down their data to any level of granularity.
- Provides quick access links to the key modules without leaving the dashboard screen and provides a better user experience.
Simplified Bank Configuration & Settings
Audit History & Compare Audit
management
- Connect to your core banking platform through our well-structured CGI gateway that handles two-way communication to your platform with extensive error handling, reconciliation and reposting capability.
- Providing complete EOD statistics leaving you with no surprises and zero error tolerance.
- Straight through processing with water-tight messaging and resubmission between the platforms for failed transactions.
Group based user management
Flexible integration with CBS and external data sources
- Connect to your core banking platform through our well-structured CGI gateway that handles two-way communication to your platform with extensive error handling, reconciliation and reposting capability.
- Providing complete EOD statistics leaving you with no surprises and zero error tolerance.
- Straight through processing with water-tight messaging and resubmission between the platforms for failed transactions.
Data-Rich Reportings & Analytics
Boundless Third-party integration
Ensures high level of accuracy and full compliance by screening the customer data with third-party providers such as FCA DB, Royal Mail DB through API, Companies House, Charities Register, BFPO Address, OFAC Sanction customer check.
Transform, automate, and streamline regulatory operations, end to end
Collect & Cleanse
Structure & Enrich
Validate & Transform
Audit & Screening
Communicate & Engage
Eliminate Risk, Ensure Accuracy and Meet tight deadlines and FSCS requirements with ease
A data-driven compliance platform for financial institutions to effectuate regulatory requirements.
Stay ahead of your peers
Periodic upgrades to ensure customers stay ahead of compliance in the ever-changing regulatory environment.
Industry Insights
Our consultant’s combined Subject Matter Expertise is 70 plus years and you can fully rely on the quality and integrity.
Fulfilment
We analyse and address your pain points and customise our product to be the best fit for you. Customers can retain their “Green Status Adherence” with PRA always by having our solutions.
Quick Onboarding
Quick to implement and a cost-effective long-term solution for FSCS reporting. You can migrate to our FSCS SCV audit platform whatever the legacy system you have currently irrespective of the geo location it hosted.
Get Supercharged
Our FSCS SCV Audit report helps you identify inaccuracies and put processes in place to prevent penalties and ensure that your data is duplicate free, consistent, and accurate.
Backup & Diaster Recovery
99.99% Uptime and complete support to your Business Continuity for audit purposes as the platform available in two availability zone within UK.
We do not spare any effort in ensuring data security and compliance
Our FSCS SCV Enterprise Solution Suite is fully compliant with strict regulations based on recommended industry standards. Flexible and economical architecture ensures strong data protection in a secured Azure Cloud, featuring session-based and secured multi-factor authentication to protect client transmission session data.
Complies with ISO standards
Strong customer authentication
IP restrictions for Admin Portal
Microsoft Enterprise Grade Security
Secure data capture
Stringent data retention policies
Malware Protection
Robust 256-bits Encryption
Periodic VAPT to the webserver
3D Secure authentication
URL copy prevention
SAS, EIT, EAR, NLC, Physical and Web App Level Firewall
Complies with ISO standards
Strong customer authentication
IP restrictions for Admin Portal
Microsoft Enterprise Grade Security
Secure data capture
Stringent data retention policies
256-bit SSL encryption
Malware Protection
Periodic VAPT to the webserver
3D Secure authentication
URL copy prevention
SAS, EIT, EAR, NLC, Physical and Web App Level Firewall
Our Knowledge Base Resources
CASE STUDY
Beyond the Data Hurdles: A UK Bank's Journey to Flawless FSCS SCV Reporting with Macro Global
CASE STUDY
Our Regulatory Reporting Solution and Data Governance Support for Foreign Banks in the UK
CASE STUDY
Unlocking Data Accuracy & Security: Macro Global's Key to The UK Bank's SCV Reporting Success
WHITEPAPER
FSCS - SCV Reporting Challenges & Bottlenecks for Foreign Banks in the UK
BUSINESS CASE
Macro Global's SCV Approach and Implementation
BUSINESS CASE
Reconciliation support with CBS Data Reporting
WHITEPAPER
Empower Credit Unions with a Data Management Edge: Mastering FSCS SCV Reporting with MG
BUSINESS CASE
Data Augmentation with Data Enrichment Process
BLOG
Customer Pain Points & Solutions – Fully Resolved
Banks & financial institutions across the world are building their digital transformation journey through our platforms
Is Your Legacy System Slowing Down Your FSCS SCV Reporting? There's a Fix.
Take Control of Your FSCV Audits: A Powerful, User-Friendly Solution.
Still not convinced? Hear what our clients say
IT Manager, Bank Sepah International plc
London
We have been working with Macro Global for good 7+ years and the team is unique with their approach and hold their patience with limitless iteration to resolve the problem by engaging great attention to detail on root cause analysis. We can rely on them in almost on all critical priorities and their support is second to none. Great bunch of professionals and we look forward working with them for the foreseeable future.
Risk Governance Manager, Riyad Bank
London
RBL has worked with Macro Global for over three years. We find their service to be first class. The team are exceptionally helpful and professional. In our opinion we couldn’t ask for a better business provider and would recommend Macro Global to all concerned.
Head of Compliance, Bank of India U.K. Operations
London
Pleased with the timely delivery, excellent service standards, easy accessibility and professional approach of the Macro global team. From our business experience of the past 5 years, we can say it is a reliable, growing outsourcing firm excelling in execution, customer support and delivery commitments, and helping us to meet the regulatory reporting targets.
Head of Operations, IT & Facilities, ICICI Bank UK Plc
London
I feel that the team at Macro Global is amongst one of the best I have ever interacted with in my career. Their expertise in the subject matter, understanding and documentation of processes, detailing of every step of the project and ability to deliver on regulatory reporting (SCV & CRS) and technology platforms (PSD2) amid tight timelines is commendable. This coupled with an visionary leader – Saro, guiding them is a sure-shot recipe for success. I wish them best of luck and am sure they will grow to even greater heights!
Head of Compliance, Bank of India U.K. Operations
London
Pleased with the timely delivery, excellent service standards, easy accessibility and professional approach of the Macro global team. From our business experience of the past 5 years, we can say it is a reliable, growing outsourcing firm excelling in execution, customer support and delivery commitments, and helping us to meet the regulatory reporting targets.
Risk Governance Manager, Riyad Bank
London
RBL has worked with Macro Global for over three years. We find their service to be first class. The team are exceptionally helpful and professional. In our opinion we couldn’t ask for a better business provider and would recommend Macro Global to all concerned.
Head of Operations, IT & Facilities, ICICI Bank UK Plc
London
I feel that the team at Macro Global is amongst one of the best I have ever interacted with in my career. Their expertise in the subject matter, understanding and documentation of processes, detailing of every step of the project and ability to deliver on regulatory reporting (SCV & CRS) and technology platforms (PSD2) amid tight timelines is commendable. This coupled with an visionary leader – Saro, guiding them is a sure-shot recipe for success. I wish them best of luck and am sure they will grow to even greater heights!
IT Manager, Bank Sepah International plc
London
We have been working with Macro Global for good 7+ years and the team is unique with their approach and hold their patience with limitless iteration to resolve the problem by engaging great attention to detail on root cause analysis. We can rely on them in almost on all critical priorities and their support is second to none. Great bunch of professionals and we look forward working with them for the foreseeable future.
