Maleo SLIK is an innovative system developed by PT. DENTSU SOKEN INDONESIA to assist financial service providers, including fintech and insurance companies, in complying with the Financial Information Service System (SLIK) reporting regulations mandated by the Financial Services Authority (OJK). This system is designed to enhance efficiency, accuracy, and compliance in financial data reporting to OJK.
Background of SLIK
Introduced in 2017 to replace the Debtor Information System (SID), SLIK is mandated by Law No. 21/2011 on OJK. Its primary goal is to strengthen integrated supervision in the financial services sector, including banking, capital markets, and non-bank financial industries.
SLIK’s implementation has now expanded to cover two main sectors:
Fintech, including technology-based peer-to-peer funding services (LPBBTI).
Insurance Companies, both conventional and sharia-based, offering credit insurance and suretyship products.
These sectors are required to become SLIK reporters no later than one year after the enactment of the relevant OJK regulation, specifically by July 2025.
Scope of Maleo SLIK for Fintech
Unreported Loans to SLIK: All loan data that has not yet been submitted to SLIK must be reported.
Loans with Outstanding Balances at Month-End: Only loans with remaining balances (not fully repaid) at the end of the month need to be reported. Fully repaid loans within the same month do not require reporting.
Reporting Process:
Data is reported by peer-to-peer lending (P2PL) platforms to SLIK in a simplified format, similar to the reporting of paylater services or cash loans.
Objective:
Ensure that all loan transactions are accurately recorded in SLIK, maintaining financial transparency.
Scope of Maleo SLIK for Insurance Companies
Suretyship Products:
Guarantees for the procurement of goods/services.
Customs guarantees.
Excise guarantees.
Guarantees involving banks as additional guarantors (Counter Bank Guarantee).
Credit Insurance Products (Segment F06):
Credit Insurance Subrogation Receivables: Claims arising from insurance companies settling guarantees for credit provided by third parties (e.g., banks or credit institutions).
Trade Transaction Subrogation Claims: Claims arising after insurance companies settle guarantees from trade transactions.
Objective: Data is reported to SLIK to ensure clear documentation of all credit insurance and suretyship transactions, facilitate risk management, and improve transparency in financial services.
Maleo SLIK Solution Architecture
The system is designed to handle the end-to-end SLIK reporting process, including:
Application Module: Supports data collection, validation, and submission.
Open Architecture: Allows seamless integration with existing data systems.
Hardware Specifications: Supports deployment on single or dual servers to accommodate companies of different scales.
Advantages of Maleo SLIK
High Customization: Tailored to meet the specific needs of each company.
Data Validity: Ensures data integrity before submission.
High Accessibility: Enhances productivity with multi-user, web-based access.
Customer Support: Backed by expert teams with extensive experience collaborating with leading Japanese companies.
Maleo SLIK is a comprehensive solution for fintech and insurance companies seeking to ensure compliance with OJK’s SLIK regulations. With its flexible features, accurate data validation, and easy integration capabilities, Maleo SLIK helps companies improve operational efficiency while meeting increasingly complex reporting requirements.
For more information, visit the Maleo SLIK page.
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