Risk & Compliance
Asseco Seizure Processing
The system is capable of working with Ognivo software module provided by the national clearing house KIR S.A. with the purpose of sharing information about the bank accounts of debtors. Asseco Seizure Processing allows for keeping records of documents and orders issued in connection with the execution of seizure proceedings by the enforcement authorities, and enables financial control over the seizure process. The system helps prepare the required correspondence and generate money transfer orders for the enforcement authorities.
Key functionalities
Management of seizure proceedings
- Keeping records of seizure notifications
- Entering and storing of proceedings data in the registry
- Handling of account blockades
- Classification of transactions (proceeds)
- Handling money transfers for repayment of liabilities
- Handling orders
- Handling amounts exempt from enforcement
Handling of accounting entries
- Transaction settlements with the help of an internal database of accounting entries
- Generation of accounting entries (seizure amount, proceeds registration, proceeds adjustment)
- Defining and calculation of commissions
- Approving incoming and outgoing transactions
Cooperation with Ognivo software module provided by KIR S.A.
- Exchange of information with Ognivo, in line with the technical requirements of KIR S.A.
