Automated Compliance Management System (ACMS)

📌 Overview

The Automated Compliance Management System (ACMS) is a web-based application designed to help financial institutions and fintech companies automatically monitor and verify compliance with financial regulations. The system allows an admin or company role to input transaction reports, which are then verified for compliance in real-time. It provides instant alerts for non-compliant transactions and maintains audit logs.

🚀 Features

• Automated Transaction Compliance Checking
• Real-time Alerts for Non-Compliant Transactions
• Admin Dashboard for Monitoring Transactions
• Audit Logs for Compliance Tracking
• Financial & Tax Regulation Integration
• Machine Learning-based Risk Assessment (Future Enhancement)
• Blockchain for Transparent Auditing (Future Enhancement)

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🏗️ Tech Stack

Frontend:

• React.js (Vite setup)
• React Router (Navigation)
• Tailwind CSS (Styling)

Backend:

• Flask (Python) (REST API)
• PostgreSQL (Database)
• smtplib / socket.io (Real-time notifications)

APIs & External Services:

• Tax & Financial Compliance APIs

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📂 Project Structure

ACMS/
│── frontend/            # React Frontend
│   ├── src/
│   │   ├── components/  # UI Components (Navbar, Sidebar, Tables, etc.)
│   │   ├── pages/       # Pages (Dashboard, Transactions, Audit Logs, Login)
│   │   ├── App.jsx      # Main React Component
│   │   ├── index.jsx    # React Entry Point
│── backend/             # Flask Backend
│   ├── app.py           # Main Flask App
│   ├── models.py        # Database Models
│   ├── routes.py        # API Routes
│   ├── config.py        # Configuration (DB Connection, API Keys)
│   ├── utils.py         # Helper Functions
│── README.md
│── requirements.txt     # Backend Dependencies
│── package.json         # Frontend Dependencies

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🔧 Setup Instructions

1️⃣ Backend Setup (Flask + PostgreSQL)

cd backend
python -m venv venv
source venv/bin/activate  # On Windows use `venv\Scripts\activate`
pip install -r requirements.txt
flask run

Make sure PostgreSQL is running, and update config.py with your database credentials.

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2️⃣ Frontend Setup (React + Vite)

cd frontend
npm install
npm run dev

If using Tailwind, initialize it:

npx tailwindcss init -p

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📌 Usage

1. Admin logs in and accesses the dashboard.
2. Transaction reports are automatically verified against regulations.
3. Real-time alerts notify admin if a transaction is non-compliant.
4. Audit logs are stored for future reference.