iDeal

Frequent changes in regulatory report requirements used to be a major challenge. The iDEAL application has simplified adapting to these changes. Its flexibility and rapid update cycle have enabled us to remain compliant without overburdening our resources. We no longer need to worry about keeping up with the latest formats, as iDEAL handles it all.

Ananya Roy

Sr. Manager, MIS Cell

UCO Bank

iDEAL has transformed our regulatory reporting process in several impactful ways. Its swift implementation and deployment enabled us to begin report submissions almost immediately, ensuring compliance with tight regulatory deadlines without any operational disruptions. The application’s adaptability to constantly evolving guidelines has eliminated the challenges of manual updates, maintaining seamless compliance. Furthermore, the support team has been outstanding, especially during critical submission periods, providing timely assistance, quick responses, and effective solutions, which have been instrumental in keeping our compliance efforts reliable and efficient “  

Akash Kotian  

Finance Control  

Credit Agricole Corporate & Investment Bank 

Partnering with IRIS Business Services Ltd. has significantly transformed our approach to automation. A massive thank you for all your help collecting the data points and deliver regulatory report through IRIS-Ideal tool.  

Automation helps us to substantial decrease the manual effort, improved data accuracy, and effortless adherence to regulatory requirements. I was really pleased with how the project was delivered within challenging situation. I must appreciate all the efforts taken by IRIS Team. Thank you!  

Ganesh Daphal  

Senior Software Engineer  

Poonawalla Fincorp NBFC 

iDEAL has simplified our regulatory reporting process, making it more efficient and less time-consuming. The feature we like most is the application’s intuitive interface, which has made training our team members much easier. The accuracy of the reports generated is consistently high, giving us confidence in meeting our regulatory obligations. The quick support provided for any issues or queries has also been a standout aspect.  

Renu Goyal  

Financial Analysis Manager, Corporate Controllership  

 American Express banking Corp   

Since deploying both the Excel and database versions of iDEAL at Unity Bank, we’ve seen a significant boost in the accuracy and efficiency of our regulatory reporting. Both versions are running smoothly, and the support we’ve received for each has been exceptionally quick and effective. The application’s ability to handle complex reporting requirements effortlessly is truly impressive. We also appreciate how swiftly new regulatory changes are integrated, which has greatly reduced our compliance risks. The support team’s expertise and responsiveness have been instrumental in keeping our reporting processes seamless and efficient.

Santosh Singh

Information Technology,

Unity Bank

We have been using the IRIS iDEAL application since 2020 for the CIMS Project and is an effective tool for managing regulatory reporting requirements. Its flexibility to accommodate regulatory changes along with its built-in consistency checks and error handling features has been impressive and significantly supported for timely submissions of returns to the regulator. We have found M/s Iris to be a reliable partner and the support that we received from their team so far has been immense

Sudeep C D.

Manager (IT)

Dhanlaxmi Bank

iDEAL has streamlined our regulatory reporting process, enhanced efficiency and reduced the time investment required. We especially appreciate its intuitive interface, which has greatly simplified the training of our team members. The reports generated are consistently accurate, giving us confidence in our ability to meet regulatory requirements. Additionally, the prompt support for any issues or queries has been a notable strength of the application. The support we’ve received, especially during crucial Submission periods, has been outstanding, Thank you for being there for us.

S. M. SHAFIQ AHMED

CISO, SONALI BANK PLC

KOLKATA BR, INDIA

iDEAL has streamlined our regulatory reporting process, enhanced efficiency and reduced the time investment required. We especially appreciate its intuitive interface, which has greatly simplified the training of our team members. The reports generated are consistently accurate, giving us confidence in our ability to meet regulatory requirements. Additionally, the prompt support for any issues or queries has been a notable strength of the application. The support we’ve received, especially during crucial Submission periods, has been outstanding, Thank you for being there for us.

Niranjan Kumar

ADF/MIS Department

The Nainital Bank Limited, Nainital

Using IRIS iDEAL has simplified our reporting process, making submissions to the RBI smooth and efficient.

The feature we appreciate most is the built-in mandatory validations, which have significantly reduced errors and increased our confidence in the RBI CIMS reports.

Tushar Shinde.

MUFG Bank

Introducing iDEAL into our bank’s regulatory reporting has brought significant change. Its capability to convert data into XML format has greatly simplified submissions to the CIMS portal, ensuring full compliance with RBI guidelines. We’ve noticed marked improvements in both accuracy and efficiency, and its user-friendly interface makes handling complex reports much easier. The timely support has also been crucial, establishing iDEAL as a vital component of our regulatory reporting system.

Anuradha Shrivastava.

Information Technology,

IndusInd Bank, IBL House, Andheri East, Mumbai