The OPES FIRE solution is a fully integrated suite of tools and intelligence that enables financial institutions to easily manage and comply with FATCA and CRS requirements. FIRE electronically searches through all client data, automatically identifies those subject to FATCA regulations and CRS, and then provides you with remediation steps for each account. The integrated rules engine combined with a complementing workflow manager enables you to expedite the review process and mitigate manual errors.

Centralized Dashboard

FIRE’s centralized dashboard summarizes all your clients according to FATCA and CRS classification (Reportable, Non-Reportable, Recalcitrant, or Undocumented). It provides you with a holistic view of your FATCA and CRS Statuses.

Compliant Customer On-boarding

Improve your customer experience with streamlined processes that meet regulatory requirements, based on customer type, lines of business, unique characteristics, and risk.

Customizable Controls & Full Audit Trails

Customizable permissions within FIRE enable you to control what specific users or departments can access or edit client data. In addition, an audit trail allows you to fully capture client changes in circumstances.

Automated Reporting

FIRE will automatically create the required appropriate XML file/files according to both FATCA and CRS requirements.