SELATIS
The MIS that supports every operation of your financial institution.
FINSTATE
Finstate is an application dedicated to regulatory reporting. It is designed to automate the production, consolidation, validation and submission of the reports required by banking and financial supervisory authorities. Thanks to its modular architecture, Finstate can be interfaced with our SELATIS or NEEM core banking solutions as well as with any third-party application. It supports multi-entity management and the use of multiple charts of accounts, adapting to the specific needs of each financial institution.
The FINSTATE modules
Security
User and access-profile management
Configuration
- Module for configuring reports according to the templates defined by the Central Bank
- Module for calculating, updating and checking the consistency of financial and non-financial attributes.
- Module for managing the audit trail and for dynamically configuring every calculation formula for financial attributes.
Report processing
- Closing date
- Module for importing the base data used to generate reports
- Module for generating reports according to the templates defined by the Central Bank
- Data consultation: calculation of financial reports, list of reports, financial and non-financial indicators
- Extraction of specific and consolidated reports
Report
- Jasper report configuration
- BCEAO template report
Technical specifications
- Fully web-based responsive solution, available in SaaS (cloud) or on-premise mode
- Secure authentication, role and user profile management
- Integration via API, or extraction and import of CSV and Excel files
Key FINSTATE features
Automated data collection
- Direct connection to information systems (core banking, ERP, CRM, payment platforms, etc.)
- Configuration of charts of accounts, calculation formulas and more
- Multi-format data extraction: PDF, Excel, CSV
- Automatic data cleansing and normalisation
- Data import through several channels: API, CSV, script
Regulatory report generation
- 1. Automated production of the regulatory statements required by supervisory and regulatory authorities as part of their financial and prudential reporting obligations:
- • BCEAO (ESA, BR, BDI, BT, DOS statements, etc.)
- • CENTIF (suspicious transaction reports)
- • COBAC (for the CEMAC region)
- 2. Formats compliant with official templates: Excel, CSV, PDF, XML
Configuration of templates and indicators
- Customisable rules engine to adapt formats to changing requirements
- Ability to create specific templates by type of institution or regulator
Validation and consistency checking
- Automatic detection of inconsistencies: duplicates or calculation errors
- Simulations and checks before submission to regulators
- Change history
Secure submission
- Reports sent through the recommended secure electronic channels (SFTP, BCEAO portal, regional platforms)
- Built-in history of submissions and acknowledgements of receipt
Dashboards & real-time monitoring
- At-a-glance view of report status: submitted, to be submitted, in error, incomplete and so on
- Performance indicators and alerts in the event of delay or non-compliance
Archiving & traceability
- Secure retention of submitted reports
- History of changes, approvals and of the users who modified the reports
Security
- User and role management based on an interface with Keycloak
- Strong authentication system
- Every API is protected by oAuth2 authentication
Target users and benefits
- Target users
- In compliance with local and international regulations, FINSTATE meets the needs of
- Commercial and digital banks,
- Money transfer operators,
- Payment and electronic money institutions,
- Microfinance institutions,
- Insurers and asset managers subject to reporting standards
Advantages / client benefits
Guaranteed compliance
- The solution guarantees that reports remain continuously compliant with the requirements of regulators such as the BCEAO, CENTIF or the FATF, with automatic updates whenever regulations change,
- Production of reports with notes and appendices, with the option to export to various formats for easier circulation and analysis,
- Recording and tracking of the audit trail for every report.
Reduced operational risk
It reduces operational risk by automating processes and ensuring full traceability of actions.
Time saved
The time saved is significant, thanks to the rapid production of statements and a better distribution of tasks within teams. Its flexibility allows smooth integration into existing systems, whatever the size of the organisation.
Stronger governance
It improves transparency and makes audits easier.
Why choose our Finstate solution?
In a constantly changing regulatory environment, our reporting solution was designed to offer far more than a simple report generation tool. Here is why our clients trust us
Automated multi-regulation compliance
Our solution supports the requirements of national and sub-regional regulators and adapts easily as standards evolve, guaranteeing that your reports are always up to date, with no additional adaptation cost.
Regulatory report generation
- Reduced operational risk
- By automating collection, checks and report generation, you minimise human error, consistency gaps and the penalties that come with non-compliance.
Configuration of templates and indicators
Our solution fits easily into your existing information system, with a modular architecture and standard connectors for rapid deployment without a full overhaul.
Built-in analytical dashboards
Beyond regulatory reporting, our tool gives you a clear, consolidated view of your key performance indicators (KPIs), to support your decision-making and improve your strategic steering.
Business expertise and local support
With over 20 years of experience integrating regulatory solutions, we provide end-to-end support — from mapping requirements through to training users — backed by responsive local support.
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