CENTRA acts as a central repository and management interface for all reports required to be submitted by financial institutions for regulatory compliance purposes. These reports could be created by users or automatically generated from external systems such as STAR.
Its features include:
- Satisfies reporting requirements automatically, with the click of a button
- Maintains history of previously filed reports
- Allows users to preview reports before finalizing and submitting
- Ability to regenerate reports with refreshed data for submission
- Multiple levelsof approval formats for reports
- Schedule definition for reports generated