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STI Connector

inventi STI Connector provides integration with the State Tax Inspectorate of the Republic of Lithuania.

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Resolute Regulatory Compliance

inventi STI Connector integrates any core client banking technology with the TIES system owned by State Tax Inspectorate of the Republic of Lithuania. STI connector includes dedicated GUI that enables you for manual report submission and error handling.

Our STI  Connector now features a manual data upload functionallity, as well as multiple data endpoints to collect relevant data from different client information systems.

Features

  • NEW | Manual data upload via Excel files, data validation and submission
  • NEW | Data collection from multiple information system for each report
  • Automated report submission to TIES
  • Automated data collection and aggregation
  • Graphical User interface for process monitoring
  • Automated reports on foreign national accounts (FATCA, CRS)

Benefits

  • Fit for your workflow - with added functionality to collect data from multiple platforms or manually upload information
  • Regulatory compliance with a peace of mind
  • Continuous Connector updates to stay in-tune with TIES platform updates and new regulatory reporting requirements
  • Simple to stay compliant with reports on foreign national accounts
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Reporting Automation

STI Connector includes dedicated graphic user interface that enables manual report submission and error handling.

 

STI Connectors covers, yet is not limited to, the following reports:

  • Daily Open/Closed report
  • Annual Turnover report
  • Annual Balance report
  • Annual FATCA report
  • Annual CRS report
  • Annual Paid interests report
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Revolut aims to provide its clients with fast and quality solutions – we expect the same efficiency from our partners too. Collaborating with inventi helped us streamline the State Tax (VMI) integration process, accelerating our further service development.

Raimondas Berniūnas,

CRO at Revolut

Executive Summary

  • Ensures integration with STI - core part for any fintech operations.
  • Already in-use by multiple financial institutions.
  • Significantly reduces new platform time-to-market.
  • Secures operational regulatory compliance.
  • Reduces human oversight required for reporting.
  • Reporting workflows fit for your organziation.
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