Technology Overview
ITRI has developed the Internet-Only Bank Supervision Platform system.
Rapid and continuous advancement in digital technology poses a financial supervision challenge to corporations and competent authorities. Traditional legal compliance management relies heavily on experts in the field. However, manual management is overcomplicated, and cannot provide accurate and timely oversight. The current legal supervision and reporting mode also lacks real-time data monitoring capability. Therefore, ITRI, together with financial supervisory agencies and financial service providers, has developed the Internet-Only Bank Supervision Platform system with the aim of making it the world’s first nationallevel, real-time banking supervision. The SupTech Platform has already undergone pre-launch simulation with internet-only bank operators, which collects real-time data and improves data accuracy to enhance monitoring applications.
Applications & Benefits
The SupTech Platform has already undergone pre-launch simulation with internet-only bank operators, which collects real-time data and improves data accuracy to enhance monitoring applications.