Looking Glass

Treasury visibility and compliance oversight.

Looking Glass is the compliance plane that maintains continuous visibility across IPS's operational state. The module reconciles treasury positions against partner-bank states, monitors the company's compliance posture against partner-applicable obligations, supports regulatory reporting, and provides the operational dashboard that the compliance and operations functions work against.

Continuous oversight across operations.

Operating through a partner-mediated framework requires continuous visibility into the operational state across both sides of the partnership. Looking Glass provides that visibility. It reconciles treasury positions held in customer balances against the corresponding positions at the partner câmbio bank. It monitors the state of in-flight transactions across their lifecycle. It surfaces any discrepancies between expected and actual operational state for compliance review. The module also maintains the compliance posture view: which obligations apply, which controls address them, which audit evidence supports the controls. This becomes the operational source of truth that the compliance function works against — and the source of the reporting that flows upstream to the partner bank and (through the partner) into the formal Bacen supervisory framework.

Regulatory reporting through proper channels.

IPS's regulatory reporting obligations flow through the partner câmbio bank under the correspondente cambial framework. Looking Glass generates the data that supports this reporting in the formats the partner bank requires for its Bacen submissions. These submissions include the foreign-exchange reporting routed to the Banco Central do Brasil through SISBACEN — the C212/ACAM212 records, classified under the nature codes the partner determines — and the Cadastro de Clientes do Sistema Financeiro (CCS); the partner bank files them under its authorisation, while Looking Glass captures the underlying data at source with the granularity those filings require and surfaces the total effective cost (VET) — the exchange rate, spread, and IOF — to the customer. The module also supports the direct reporting obligations that apply to IPS as a non-câmbio operator, including those tied to AML and CFT programmes. The reporting outputs are designed to integrate cleanly with the partner bank's existing supervisory submissions rather than to create parallel reporting streams. This positioning keeps the regulatory reporting framework operationally clean and supports the partner bank's compliance team in their interactions with Bacen.

Visibility for the operations and compliance functions.

Looking Glass surfaces the operational state through a unified dashboard that the operations and compliance functions work against. Treasury reconciliation status, in-flight transaction volumes, alert queue depths, compliance control status, partner-bank operational state — all visible in a single view, refreshed in real time. The dashboard becomes the primary working surface for the company's operational and compliance teams.

Institutional access

Technical specifications, integration guides, and architectural detail

Available to qualified counterparties — partner banks, payment infrastructure providers, and accredited compliance teams — through the institutional access process.

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