RxOffice Audit

CONSISTENT | COMPLIANT | PROCESS MANAGEMENT

RxOffice® Audit is the unparalleled prescription for

adapting to the banking paradigm

CA APPRAISER REGULATORY BODIES

RxOffice® Product Suite

INSURER| GUARANTOR

AGENCIES
PRIVATE MORTGAGE

RATING
RxOffice® Audit

Rule Sets
- Statutory Audit Rules
- Financial Audit Rules
- Compliance Audit Rules
Audit Guidelines
- Regulatory Audit Rules
- Process Audit Rules and Best Practices

RxOffice® Product Suite

RxOffice® Product Suite

3rd Party Reviews Audit Recording

INVESTORS
- Record the execution of
RBI

each audit
Record observations and - Auto execution of rules if
commentary data is available
- Attach proof / comments
and evidences as
documents
- Guidelines provided in
Audit recording section Access to Auditor / Auditee /
Regulator depend on stage
Management Reporting
SERVICEPROVIDERS

And Analysis
THIRD PARTY

BOARD OF DIRECTORS
- Drill down reporting of

MANAGEMENT &
Audits
- Compliance reports
- Non-compliance
reporting
- Performance reporting

RxOffice® Product Suite

SERVICERS/ INTERNAL
SUB-SERVICERS AUDIT

www.itshastra.com (022) 2778 1074 info@itshastra.com

RxOffice Audit
CONSISTENT | COMPLIANT | PROCESS MANAGEMENT

Features
Ability to create specic rules libraries based on banking guidelines, internal best practices, laws and regulations
that serve as a central repository for audit and compliance reviews.

Ability to combine rules into multiple audits to achieve a targeted business review objective: loans boarded for
reviews can have audit components dynamically included/excluded where applicable.

Audit types like Statutory Audits, Financial Audit, ISO Audit & any compliance audit can be easily congured into
System and recorded.

Integrates Account / loan or any data and supporting documentation required for auditing into the system that is
presented in a "console" format for efcient completion of specic audits.

Allow internal auditors and/or quality control analyst within the organization to use system as a decision support
tool, using the correct rules library, to review each loan in a consistent and compliant manner.

Allow multiple parties - internal auditor, internal quality control, third party auditors and regulator to collaborate on
determining compliance and conformance to pooling and servicing agreements, internal best practices, laws and
regulations.

Ability for multiple parties to record observations and commentary on specic Account / loan level review points
while the system tracks all associated dialogue through completion of audit.

Dynamically creates and tracks multiple audit reviews based on an analysis.

Integrated Document Repository which tracks document at Audit & individual Test level.

Secured, proprietary messaging system to send and receive messages to other users of the RxOfce® application

Algorithmic work-distribution support

Calculates time spent on each audit for measuring performance KRA.

Integration with email software to auto-le inbound/outbound emails with associated cases

Phone and Contact log with internal/external agging

Granular, privilege-and-role based security Information exposure is controlled based on the "need to know" basis.

Detailed Audit trail of all the actions taken in the application by all the users.

Provide robust reporting capabilities to track progress and both interim and nal results for audit reviews.

Graphical reporting suite

Drill Down reporting of Audits.

www.itshastra.com (022) 2778 1074 info@itshastra.com