InstaRem retail platform provides digital cross border payments solution for consumers, Small and Medium Enterprises and financial institutions to make international money transfers. Having active operation in Singapore, Australia, Malaysia, Hong Kong, India, USA, Canada and EU Corridor.
Stuffs i did:
- Built complex compliance checks, AML triggers provided its standardization to outsmart compliance process resulting into less manual team efforts.
- Developed Fully self-sufficient CRM solution capable of handling customers from 37 different timezones.
- User Management with Role and access management inside the Backoffice portal accessible for the different department within organization, Banking partners, Regulatory Bodies.
- Loyalty Point and Coupon Management for the customer.
- Compliance Scan, Aging, Regulatory Reporting.
- Transaction state management considering cases of Consumer Flow, Finance Reconciliation, Compliance activity, AML Checks, RFI Process, Partner Gateway Response, Technical Errors.
- Weekly Sprint Release Management and versioning of Application with the seamless Gitflow development model.

A configurable, multi-featured platform to make high volume payments globally. One platform which can be utilized by Corporates, Banks, Marketplace to process payment, FX conversion from more than 50 different currencies, market and to all major market following every country specific compliance, regulatory norms with their standard modes of transaction (which varies from country to country) through maintaining multiple currency wallets / accounts for the client, handling multiple timezone. Which allows bulk transaction handling and processing seamlessly by utilizing power of Microservice architecture, comprising of all the roles of Financial System with maker checker facility at every step. I18 internationalization of the platform to cater clients from south Asian countries.

Corridor/Market specific Payment Gateways

Various different loosely coupled currency specific microservices which consumes Third party services which perform transmission either through REST API or File based SFTP protocol. Following the Payment receipt in timely manner and processing with respect to cutoff and following operation regulation / validation varies from country to country. Privacy is ensured through asymmetric key based encryption or AWS Cloud HSM. Following the state machine design for the transaction logging which facilitates incident monitoring and avoidance of Double payment vulnerability. Successfully managed Volume Bursts in remittance and Cross Border Payments.

Semi-automated Solution for KYC & Transaction AML Check

A vital process(Microservice) of Business Operation as it facilitates to ensure that the services offered by the organisation
(to its clients) are not misused (via money laundering, terrorism funding and other malpractices). Provides Regulatory
compliance with regional, international Anti-Money Laundering regulations and KYC process by providing identity
verification, Business verification, Document verification and Matching Engine from AML Watchlist Data through various
third party services like Trulio, WorldCheck, Jumio, Aadhaar API.

Semi-automated Transaction Reconciliation Engine

Automated Reconciliation through specialized solutions, wherein Straight Through Processing and using the Nostro
Statements and Mirror Accounts. Nostro Bank Receipt received directly from the bank via email which is directly pull using
webhooks for one extra step automation. Fully and Partly Matched Reconciliation using conditions like currency, amount,
value date, transaction reference number, counterparty etc. are matching as well and matching of Reference number.
Un-reconciled entries pending post Automated Reconciliation can be cleared through: Forced matching and One-to-many
(one credit with multiple debits or vice versa) Entries. Maintaining Corridor and Partner Specific Mutable Map for the
standard fields in Database to adopt ever changing receipt format without any hassle. Directly resulted as reduced Manual
Process leads to reduced Transaction TAT & meeting Transaction SLA.

Validation Engine

Unified Mutable Map of remitter and transaction details can be received from organization-wide many different platforms to
transpile and transmit to Payment Processor's Standard Format. Includes Supports for Bulk Transaction batch processing
with the all country-specific validation on all the details specific to the nature of remitter, remittance amount, time, market
regulations and norms of all the corridors involved in the payment.

Domain: Insurance and Financial advisory.
Risk Advisor's simple, fully-automated risk assessment process allows you to build a comprehensive, industry specific risk
profile for business in a matter of minutes. Finally, affordable, intelligent matching of risk and insurance, reducing the
likelihood of under insurance and optimizing premium expenditure. The platform manifest itself in the form of risk
assessment and benchmarking process. This work is tandem to produce a personalized risk profiles which details the
specific industry risk and exposure.

Domain: Digital Media and Marketing.
Leadoid is a tool to find new & potential customers for local/global business through social media filtering. Leadoid filters
social media streams to find target audience of business and then engages them within their own social post, in real- time,
with offer to use, try or buy business product or service.