Regulatory reporting, finally in your hands.
Banks, credit institutions, microfinance, payment entities, leasing companies, insurance — FIRES automates your prudential filings for Bank Al-Maghrib, BCEAO, BEAC and all central banks across Africa and the Middle East. A low-code interface: your teams configure their own reports, with no vendor dependency, no integrator call.
Every missed report is a potential sanction.
Since the 2008 financial crisis, African regulators have tightened oversight. Reporting requirements have multiplied, formats have evolved, submission deadlines have become non-negotiable. For financial institutions, three constraints accumulate:
Zero tolerance for error
An inaccurate or late report exposes your institution to immediate penalties. The central bank does not wait.
Data everywhere, time nowhere
Transactions, accounts, card operations, loans — sources keep multiplying. Manual consolidation takes weeks. And every core banking overhaul resets everything to zero.
Rules change. Your tools stay stuck.
BAM, BCEAO, BEAC regularly revise their circulars. Each update demands a lengthy, costly technical intervention — if your solution is a closed system.
The consequences of failed reporting: fines, formal warnings, activity suspension, licence withdrawal.
Morocco · WAEMU · CEMAC · Guinea · Madagascar · DR Congo · Mauritania
Legacy solutions lock you in. FIRES sets you free.
Most regulatory reporting platforms operate as black boxes: configuration is reserved for the vendor, every change is costly and slow, and you depend on a third party for the smallest update. FIRES is built on the opposite principle.
Before (the chaos)
- Data scattered across multiple systems
- Manual consolidation, repeated data entry
- Human errors, last-minute corrections
- Every new circular = a new IT project
- Total dependency on a vendor or integrator
After (the clarity)
- Single source, automated integration
- Reports generated, validated, ready to submit
- Built-in cross-checks, complete audit trail
- New regulation? Your teams configure it themselves
- Full autonomy, zero dependency
FIRES is not just a compliance tool. It is an open RegTech — built so your teams remain masters of their data and reports, whatever regulatory changes come next.
One tool. All your institutions, all your central banks, all your formats.
FIRES is built for the diversity of the African and Middle Eastern financial landscape — not for a single profile.
For every type of financial institution
- Commercial banks
- Microfinance institutions
- Leasing companies
- Payment institutions
- Consumer credit companies
- Insurance companies
All central banks across Africa & the Middle East
- Bank Al-Maghrib (BAM) — Morocco
- BCEAO — WAEMU (Senegal, Côte d'Ivoire, Mali, Burkina Faso, Togo, Benin, Niger, Guinea-Bissau)
- BEAC — CEMAC (Cameroon, Gabon, Congo, Chad, CAR, Equatorial Guinea)
- BCRG — Guinea
- BCM — Mauritania
…and any other central bank, added via our low-code interface.
Your central bank mandates a format? FIRES generates it.
- TXT
- XLSX / Excel
- XML (XSD validated)
- XBRL (COREP / FINREP)
- Direct central bank API
From raw data to validated reports — automatically.
FIRES sits between your source systems and the central bank. Three modules do the work.
Management & governance
User management, permissions and periodic task scheduling. Every submission is traced, every access is controlled.
Your rules, your hands
Report cell allocation, mapping of internal accounts to regulatory categories, control rules (e.g. Total Assets = Total Liabilities). Your compliance teams configure directly — no coding required.
Connect to any source system
Pre-built connectors for the leading African core banking systems. SQL, CSV or REST API ingestion. No costly integrator required.
Your teams configure their reports. No coding. No waiting.
Most RegTech platforms require you to call the vendor for every change. FIRES does the opposite: the low-code interface is designed for your compliance and finance teams to take control.
Cell allocation
Define which data feeds which report cell. Modify the structure of an existing report in a few clicks — no IT involvement.
Regulatory mapping
Match your internal accounts to the regulatory categories required by your central bank. The mapping is visual, editable, versioned.
Control rules
Define your own consistency rules (e.g. Total Assets = Total Liabilities, or any business aggregate). FIRES blocks any non-compliant submission.
New reports, new needs
New regulatory circular? Need for internal or audit reporting? Your teams create the report directly in FIRES — with no vendor dependency, no multi-month delay.
Your teams configure their reports — existing or new. For regulatory compliance as well as internal and audit needs. Without writing a line of code. Without calling a vendor.
FIRES in action
ISHRAF & RCC: automating your BAM reporting with FIRES & OCTY.
One of the most complex cases on the market. FIRES solved it.
ISHRAF — the prudential platform of Bank Al-Maghrib — represents the most advanced regulatory requirement on the continent: 100% API exchange, XML and XBRL formats, COREP and FINREP reporting, hundreds of prudential reports.
Legacy solutions cannot meet ISHRAF requirements: they are too rigid, too heavy, too dependent on proprietary infrastructure. FIRES was built for this level of demand.
FIRES acts as an expert translator: it takes your raw data — transactions, positions, ratios — and converts them into XML and XBRL files perfectly compliant with Bank Al-Maghrib's official XSD schemas. Every report is validated before submission. No manual back-and-forth.
Lightweight and configurable
Where legacy solutions impose months of integration, FIRES deploys in 2 to 3 months with pre-configured kits by regulatory zone.
Native XBRL
XBRL generation validated against official COREP and FINREP taxonomies. Zero rejections from the central bank due to format issues.
Full API exchange
Direct connection to the ISHRAF/BAM API. Automated submission, traced acknowledgements, no manual intermediary.
For institutions that need a secure middleware layer between their infrastructure and the BAM API, TNA Consulting offers OCTY — a dedicated operational connectivity layer.
The question is no longer how to be compliant. It's how to leverage the obligation to modernise.
Regulatory reporting is often experienced as a pure constraint — costly, time-consuming, with no added value. Institutions that have deployed FIRES have changed their outlook.
Before FIRES
- Manual data consolidation, several days per cycle
- Data entry errors discovered at the last minute
- Every regulatory update = a new IT project
- Dependency on a vendor for the smallest modification
- Compliance teams under constant pressure
After FIRES
- Automated report generation, data consolidated continuously
- Built-in cross-checks, zero surprises before submission
- New circular configured by your teams autonomously
- No vendor dependency, evolution managed internally
- Compliance teams repositioned on analysis, not data entry
Regulatory compliance is no longer a brake. It becomes the engine of a modernisation you should have done anyway.
Four reasons to choose FIRES.
Your teams in control
FIRES's low-code interface is designed for compliance and finance teams — not developers. Create, modify and adapt your reports with no vendor dependency.
Built for African reality
Developed in Python / Django, with AI capabilities for anomaly detection. Native connectors for the most widely used core banking systems in Africa. Handles all volumes, from SMEs to large banks.
The same tools for every size
A microfinance institution in Burkina Faso and a commercial bank in Morocco face the same regulatory requirements — but not the same resources. FIRES is calibrated for both.
Beyond regulatory compliance
FIRES is not limited to central bank filings. Through the same low-code interface, your teams can create reports for statutory auditors, internal audits, or any internal consolidation need. One tool, maximum coverage.
Take back control of your compliance.
Your teams know what you need to file. They don't need an integrator to do it. Discover how FIRES puts regulatory reporting in your hands — in a 45-minute demo.
- 2 to 3 month deployment
- On-premise, your data stays with you
- Pre-configured kits by regulatory zone