Prepared for Kerala Bank · RFP KB/IT/AMS/KSUM/07/2026
One platform. Three instruments. Two rating engines. One certification track — and the Bank owns the rules. Accumo is a purpose-built Audit Management Solution for Risk-Based Internal Audit across 823 branches. This page is not a description of it. It is a piece of it.
Fourteen district banks became one — 823 branches with fourteen ways of working. The audit function is running on paper, Excel and posted letters, on a two-week delay.
Paper forms get lost; a 459-question checklist lives in a multi-tab Excel whose formulas are often wrong; a branch's reply travels back as a letter over 3–7 days. By the time Head Office reviews, it is Day 14.
The same KYC gap appears three years running, because the system has no recollection. Fourteen merged districts still carry fourteen audit processes.
HO telephones each region and gets a different format. There is no single picture — and against the RBI/NABARD RBIA framework, a manual Excel is a compliance exposure.
Move the sliders. Business Risk comes from size; Control Risk from how well the branch is run. Watch the 5×5 matrix resolve to a final rating — and to a real audit plan.
Higher marks mean a better-run branch — and therefore lower control risk. That polarity is the 4 August 2026 lock; the naïve “high marks = high risk” reading is exactly what we reject.
The Bank named six things that must work live. Here is a working preview of that flow — a slice you can click through in the browser. The complete platform, run in the evaluation demonstration, goes far deeper: all 426 scored questions, four modules, live Finacle integration, across every branch and society.
One platform carries the whole audit function. Click through the pieces; each is a real capability, not a slide.
A bank hands its audit system to whoever it believes can understand the audit, build the software, integrate with Finacle, and still be standing in year five. This programme is staffed for all four.
Owns product direction, the Kerala Bank relationship, and the audit–engineering bridge.
Architecture, the AI boundary, and delivery quality. Formerly Colnect.
Director, Innovation Incubator — a 300-person ISO 27001 bench with Finacle experience. ~25 years across HP, Nokia, Intuit, Dell/EMC, EY.
Data model, Finacle adapter contracts, deployment topology. IIT Dhanbad.
Owns scoring polarity, annexure fidelity and process design.
Senior audit review, methodology, checklist semantics and reporting standards. Partner, Philip Sam Varghese.
Anchors commercial-bank inspection culture for Head-Office and Regional-Office design.
Incubated by Kerala Startup Mission and Innovation Incubator — a 300-person, ISO 27001 engineering bench with Finacle experience · partnered with IIT-Madras Pravartak · built on AWS, India region · backed by HubTree Investments, Group Meeran and Jain University · DPIIT / Startup India recognised.
We built and run four production applications for Mayyanad Regional Co-operative Bank — the same sector, the same state, the same Malayalam-first members as Kerala Bank. Bilingual, multi-role, audit-logged, India-resident. Not an AMS — but the nearest neighbour that matters, and proof this team ships and stays.
Accumo isn't a one-off bid. It's a funded AI-native audit platform — the RBIA OS is our core line. Kerala Bank is its flagship deployment.
Altiora commits to a full go-live within eight weeks of order; the estate is onboarded in agreed waves after, with Bank-side dependencies attributed in writing.