Client Overview: The Central Bank of Jordan
Their primary responsibilities are:
The Central Bank imposes strict regulations in order to achieve its objectives, including:
Accordingly, the enforcement of these regulations requires the adoption of strict, efficient and technologically savvy solutions.
Optimiza designed and developed a comprehensive solution under the name Offsite Supervision System (OSS) that:
What is the OSS?
Offsite Supervision System (OSS) is a comprehensive, seamless, and fully integrated solution. This packaged solution consists of 10 modules working together in an organized manner to receive and process clients and banking information, interact with commercial banks, and then consolidate, accumulate, and produce statistical reports. The reports produced support the upper management of the Central Bank in making decisions, while supporting commercial banks in mitigating risks and taking necessary precautions.
The OSS is designed to allow commercial banks to declare their aggregated data and client data on pre-designed electronic files. There are 26 different types of electronic files that cover all kinds of banking activities that take place at any commercial bank.