Unlock Compliance Excellence with ByteSoftDev's FRP Software as a Service

Simplify Compliance with ByteSoftDev's FRP Solution

Navigating the intricate landscape of regulatory compliance set by the Bangko Sentral ng Pilipinas (BSP) can be daunting for financial institutions in the Philippines. Enter ByteSoftDev, Inc., your trusted ally in overcoming these challenges effortlessly.

The FRP Revolution Unfolds

In the early months of 2021, the banking sector witnessed the inception of FRP v15, a pivotal project mandated by the BSP to uphold stringent regulatory standards. ByteSoftDev swiftly emerged to address this demand.

ByteSoftDev's Commitment

Recognizing the arduous journey ahead, ByteSoftDev, Inc. pledged its unwavering support to financial institutions. We've meticulously crafted a comprehensive solution to streamline complexities and tackle the technical intricacies of FRP compliance.

Why Rely on ByteSoftDev?

Expertise in XML Standards: With a profound mastery of XML standards, notably ISO20022 (as utilized by InstaPay), ByteSoftDev facilitated AllBank, Inc. (a Thrift Bank) in becoming the pioneer bank in the Philippines to embrace ISO 20022. Our seamless integration of FRP communication with XML underscores our proficiency

REST API Architecture: By embracing modern REST API architecture, we transcend the constraints of traditional Excel-based solutions, ensuring enhanced efficiency and flexibility.

Our FRP Journey

Despite encountering hurdles such as delayed specifications, ByteSoftDev remained steadfast in its pursuit.

By December 2022, all templates were meticulously completed.

In January 2023, rigorous user testing ensued.

Leveraging our profound understanding of FRP's genesis and our expertise in banking applications, we ensure smooth data extraction.

SaaS Solution: Bid Farewell to Manual Labor

For institutions grappling with manual compliance procedures, the repetitive task of filling numerous templates can be overwhelming. Recognizing the need for adaptability as BSP requirements evolve, we present FRP as a Software as a Service (SaaS) solution.

Our Commitment to You

Stay Updated: We keep you abreast of the latest template updates.

Resolve Validation Errors: Our team identifies and rectifies validation errors promptly.

Mapping Assistance: Benefit from expert guidance in mapping your bank's Chart of Accounts and loan re-classification.

Efficient Archiving: Securely archive your reports with our assistance.

Tailored for All Bank Types

Our extensive experience encompasses Rural Banks, Thrift Banks, and Commercial Banks. We recognize the distinct needs of each sector, and our system is meticulously crafted with a focus on:

Simplifying Complexity

Delivering Clear and Precise Visual Presentations

Empowering IT, Eliminating the Need for API Programming

Realizing BSP's Vision

BSP envisions seamless data extraction from CASA, GL, and Loans. ByteSoftDev's FRP software is intricately designed to align with this vision seamlessly.

Note of Gratitude

We extend heartfelt gratitude to the banks that have supported us with feedback and suggestions. Your invaluable contributions have been instrumental in our journey.

Join Us Today

Embark on a transformative compliance journey with ByteSoftDev's FRP software. Sign up for a complimentary two-month trial period, with the freedom to start or stop your subscription at your convenience.