AI-assisted Identity Verification
Corroborates claimed identity against independent sources, with face matching and liveness checks confirming the document holder is the person present. Raises the evidential standard behind onboarding decisions.
AI-Powered Compliance Platform
FATCA and CRS, from source data to submitted statement.
The complete reporting lifecycle — ingestion, validation, resolution, classification, review, and Form 61B — in one governed system.
Most tools in this category generate XML. That is the last five percent of the work. This platform handles the ninety-five percent before it, where the determinations are actually made.
What this module covers.
- FATCA
- OECD CRS
- Section 285BA
- CBDT guidelines
- OECD TIN guidance
- Form 61B
Each standard is broken down in Regulatory alignment below.
Where current approaches fall short
The form is not the hard part.
By the time you generate the statement, every decision that matters has already been made.
Which data you trusted. Which records you matched. How you determined residency. Which exceptions you cleared, and on what basis. Tools that start at the output inherit whatever quality the input had — and six predictable failures follow.
| Failure | Consequence |
|---|---|
| Data reconciled by hand | The first weeks of every cycle spent before a single determination is made |
| The same customer, three records | Balance aggregation computed wrongly in both directions from one data defect |
| Format errors found at submission | Rejection with no time remaining to correct |
| Self-certifications lapse silently | The gap is discovered during audit, not before it |
| Dual residency resolved from memory | Inconsistency that stays invisible until it is examined |
| No reconstructable reasoning | Evidence scattered across file versions and inboxes when a regulator asks |
Compliance lifecycle
Six stages, one system, one record.
Every stage feeds the next and writes to the same record and the same audit trail.
1
Ingest
Data arrives automatically, on a schedule or on demand.
2
Validate
Completeness, structure, and standards conformance on arrival.
3
Resolve & verify
Duplicates detected, records matched, addresses validated.
4
Classify
Reportability, category, and jurisdiction determined.
5
Review & approve
Exceptions route with context and close with a rationale.
6
Report & retain
Form 61B generated, decision history preserved.
How it works
Five steps from source system to submitted statement.
Step 1
Connect your data
REST APIs for real-time flows, webhooks for event-driven updates, scheduled batch for bulk loads, on-demand runs for ad-hoc cycles, and a native Excel add-in for teams working in spreadsheets today.
Existing systems stay in place. Nothing is decommissioned.
Integration in weeks, not a migration programme.
REST APIConnected
WebhooksActive
Batch — nightly02:00 IST
Excel add-inEnabled
On-demand runReady
Step 2
Validate on arrival
Every record is checked against structural and regulatory rules as it enters, including TIN validation for the relevant jurisdiction.
Data quality reports show what failed, where it came from, and what to correct.
The correction window moves months earlier.
Records processed — 18,442
Invalid TIN format214
Missing jurisdiction code63
Incomplete address128
Source · Core BankingTrace
Step 3
Resolve and verify
Fuzzy matching links records belonging to the same customer despite spelling and formatting differences. Duplicate detection prevents one relationship being reported as several.
Address parsing, standardisation and validation confirm the jurisdiction behind each determination — including the care-of and hold-mail patterns that are themselves reportable indicia.
Correct account aggregation, and determinations you can defend.
Record A · CRMRajesh Kumar SharmaSector 62, Noida, UP
92%
Record B · CoreRajesh K. SharmaSec-62, Noida, Uttar Pradesh
Address validationVerified
Jurisdiction derivedIN
Suggested actionMerge — review
Step 4
Classify and resolve exceptions
Rules evaluate each account across all reportable jurisdictions, with dual-residency handling where indicia conflict. Self-certification status is tracked and surfaced when it lapses.
Anything unresolvable becomes a structured exception, routed with full context to the right reviewer.
Consistent determinations, and a managed queue instead of an unbounded review.
ReasonConflicting indicia
Indicium — residenceIN
Indicium — phoneUS
Self-certificationExpired
Assigned toTax Ops
Proposed classification
FATCA — ReportableCRS — Dual residency
Step 5
Report and retain
Generate schema-valid Form 61B on demand from approved data. Track readiness across the whole population.
Retain a complete record of every input, rule, reviewer, and approval behind the submission.
Predictable, on-time filing — and an audit response measured in minutes.
Reporting periodFY 2025-26
Reportable accounts3,908
Schema validationPassed
Approvals complete4 of 4
Form_61B_FY2526.xml
Ready to submit
41,206 audit events retained
Determination in detail
Every determination shows its work.
The rules evaluated, in order, with the data that drove each one.
Supervisors no longer ask only what you reported. They ask how you determined it, who approved it, and what evidence supported it. When that history has to be reassembled from file versions and email threads, the reassembly itself becomes a finding.
Scroll to see the full trace
AI-extracted
Rule-derived
Human-approved
Evidence
Module capabilities
Capabilities, grouped by where they do their work.
Automatic integrationAPIsWebhooksExcel add-inBatchOn-demand
What it does. Brings customer and account data in from every system that holds it, through whichever method fits — real-time API, event-driven webhooks, scheduled bulk runs, ad-hoc processing, or a native Excel add-in.
Why it matters. Manual data assembly is where reporting cycles lose their first weeks, and where most errors are introduced.
Business value. Faster cycle starts, no rip-and-replace of core systems, and a migration path that meets teams where they already work.
Data validationOECD TIN validationJurisdiction derivation
What it does. Applies structural, regulatory, and jurisdiction-specific validation the moment data arrives — including TIN format and checksum rules aligned to OECD guidance.
Why it matters. Errors caught at ingestion cost minutes. The same errors caught at submission cost a reporting cycle.
Business value. Materially fewer rejected filings, and correction effort directed at the source system rather than the spreadsheet.
FATCA & CRS classificationMulti-jurisdictionDual residencySelf-certification
What it does. Evaluates every account against FATCA and CRS rules to determine reportability, category, and reportable jurisdictions — applying structured logic when indicia point to more than one tax residency, and tracking certification status and expiry throughout.
Why it matters. Classification is where institutional risk concentrates, and the step most often left to individual judgement.
Business value. Consistent classification across teams and cycles, with exceptions arriving as a managed queue rather than an audit discovery.
Exception managementReview & approval workflowNotifications
What it does. Routes exceptions and determinations through a defined workflow with clear ownership, SLA tracking, and enforced segregation of duties. Deadlines, expiries, and integration failures are surfaced before they matter.
Why it matters. This is where human judgement enters the system, and therefore where governance is enforced or lost.
Business value. The right person handles each case with the right authority, and audit has the control evidence it needs.
Form 61B generationCompliance dashboardReportsImmutable audit trail
What it does. Generates schema-valid Form 61B on demand from validated and approved data, with real-time visibility into filing readiness — and records every ingestion, rule, decision, override, and approval permanently.
Why it matters. Reporting readiness should be a number you look at, not a question you answer by asking around.
Business value. Predictable, on-time submission, and audit responses measured in minutes rather than weeks.
AI Intelligence
The intelligence layer behind the workflow.
AI handles the work that scales badly by hand — reading documents, resolving records, scoring confidence, surfacing what looks unusual. Deterministic rules make the regulatory determination.
Intelligent Duplicate Detection
Links records referring to the same customer despite spelling, transliteration and formatting differences, so balances aggregate against one relationship rather than several.
Document Intelligence & OCR
Classifies and extracts structured data from scanned forms, certifications and identity documents with field-level confidence. Capture quality is assessed first, so unusable images are returned for correction rather than failing downstream.
Address Intelligence
Parses, standardises and validates addresses to derive the applicable tax jurisdiction, flagging care-of and hold-mail patterns that carry indicia significance.
Data Quality & Exception Detection
Profiles the compliance dataset continuously, tracing defects to their originating system and field, and surfaces records falling outside expected patterns — grouped by cause rather than raised as individual alerts.
Explainable AI & Confidence Scoring
Each AI-derived output carries its inputs, method, a calibrated confidence score and a plain-language rationale, under thresholds the institution configures. Automated decisions can be reviewed and evidenced.
Governance & evidence
Controls your auditor can test.
Segregation of duties
The preparer is never the approver. Enforced by the workflow engine, not by policy.
Append-only trail
Records are added, never altered. Every entry carries actor, timestamp, and rule version.
Point-in-time recall
Retrieve what was determined, when, and under which rule version — for any historical period.
Independent audit access
Read-only role for internal audit, with their own access recorded in the trail.
Regulatory alignment
Standard by standard.
| Standard | How the platform aligns |
|---|---|
| FATCA | US indicia identification, account classification, and reportability logic, with self-certification tracking across the customer lifecycle. |
| OECD CRS | CRS due diligence and classification rules across reportable jurisdictions, including dual-residency resolution and controlling person identification. |
| Section 285BA | The reporting obligation for Indian Reporting Financial Institutions, structured as a governed, repeatable process. |
| CBDT guidelines | Due diligence and reporting requirements applied throughout validation, classification, and submission. |
| OECD TIN guidance | Taxpayer Identification Numbers validated against jurisdiction-specific format and structure rules. |
| Form 61B | Schema-valid statements generated directly from approved data, with full determination history retained behind them. |
Rule-pack content is reviewed against current published guidance. Regulatory interpretation remains the institution's own.
Integration
Connects to what you run. Replaces none of it.
Five ingestion methods, chosen per source system rather than imposed.
REST API
Real-time integration. Everything in the product, available programmatically.
Webhooks
Event-driven updates with signed payloads, retry, and replay.
Batch
Scheduled bulk loads with per-record isolation and restartability.
On-demand
Ad-hoc runs and dry runs against any population, at any time.
Excel add-in
Read and write inside the tool your team already uses.
Implementation
What implementation actually involves.
Value inside one reporting cycle.
| Phase | What happens | Who is involved |
|---|---|---|
| 1 · Scoping | Data sources mapped, obligations confirmed, current-state baseline measured | Compliance + IT |
| 2 · Connection | Integration configured, first data loaded, quality assessed | IT, with our team |
| 3 · Configuration | Rules confirmed, confidence thresholds set, workflow and approvals defined | Compliance |
| 4 · Parallel run | Full population processed alongside the existing process | Compliance |
| 5 · Live cycle | First filing produced from the platform | Compliance |
Frequently asked questions
Banks, NBFCs, FinTechs, insurance companies, investment firms, and any other entity that qualifies as a Reporting Financial Institution under FATCA or CRS. Both single-entity and multi-entity structures are supported.
No. The platform integrates with the systems you already run through REST APIs, webhooks, batch file processing, and a native Excel add-in. It sits alongside your existing stack rather than replacing any part of it.
Classification logic evaluates each account against FATCA and CRS rules using the available indicia, self-certification data, and verified customer information. Determinations that fall outside the rules are raised as structured exceptions for human review rather than resolved by assumption.
Dual-residency handling applies structured logic to conflicting indicia and produces the appropriate multi-jurisdiction reporting outcome. Where the case remains ambiguous, it is routed for review with all supporting evidence attached.
The platform tracks certification status, validity, and expiry across the customer lifecycle, and surfaces lapses or change-in-circumstance triggers as actionable items — before they affect a filing.
Yes. Statements can be generated at any point from validated and approved data, in addition to scheduled cycle-end generation. This supports dry runs, internal review, and correction cycles ahead of the deadline.
Failures are captured in a data quality report identifying the record, the rule that failed, and the originating source system. Issues can be corrected upstream and reprocessed, so the same problem does not recur in the next cycle.
Every ingestion, validation result, classification decision, override, reviewer action, and approval is written to an immutable audit trail. The full history behind any submitted record can be retrieved without reconstructing it from files or correspondence.
Have a question we haven't covered? Get in touch.
See what your next reporting cycle looks like.
A walkthrough with your data model, your jurisdictions, and your actual exceptions.
We'll show how customer data moves from your source systems through validation, classification, and review — and how Form 61B is produced at the end of it. Nothing to prepare in advance.
Aligned to FATCA, OECD CRS, Section 285BA, and CBDT reporting requirements — including OECD TIN validation rules for every reportable jurisdiction.