DataCollector is a web-based electronic data submission and report generating system for banks, large
corporate and any apex organisation, which allows end users to manage the entire process of information collection – right from creation of forms required for data submission to generation of reports by using the application interface.
In today's dynamic world, the efficiency of any regulatory supervision system depends on the access to right data at the right time.
If a regulator or any apex organisation needs to urgently collect data that does not form a part of the standard data collection format, and regulated entities,
then there is a requirement of a system that allows them to provide the requested data seamlessly. The regulator's need encompasses information management, collation, validation, report generation, analysis, and correlation with other datasets in a secure environment capable of warning users based on trigger values for different ratios, KPIs, and KRIs.
DataCollector addresses all formats of data submission, with multiple methods for uploading the data, including excel. It uses a flexible 3-tier modular architecture that can generate parameterised reports and ratios based on the submitted data. DataCollector can also define threshold values for a trigger ratio that automatically warns users when breached via an SMS and an
Email. There is peer group comparison report functionality together with tools to analyse data submitted by a given user or a selected group of users and to generate sector, regional, and country reports. The application is secure and has a user profile-based home page with a detailed audit trail capability.
The DataCollector software is Java based and the back-end can be used either in SQL or Oracle.
Entities (say, banks) submitting data to the regulator, only need a browser to access the application using a secured connection to the data center hosting the application. They also have the facility to retrieve any data that they have already submitted.