Case Studies / Investec Finsurv Solution

We assisted one of our long-standing customers, Investec, in developing their South African Reserve Bank (SARB) reporting blueprint. This blueprint was essential to confirm that the bank had a plan in place to report according to best practice.

Challenge

One of the greatest challenges was consolidating Greenfields payments in order to report on them. Synthesis assisted with a blueprint, which made finsurv reporting an integrated part of the payments process.

Solution

We seamlessly integrated our product with the bank’s systems, to create automated reporting that fed throughout the process to the Reserve Bank.

Results

As a result, the client now was a single set of finsurv rules across all systems. The process entirely automated, and fully integrated into the payments process. This in turn has reduced the amount of back office work required, and has ensured reports are generated on time.

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