By Industry
There are many industry challenges that drive banking and capital markets to pursue automation initiatives. These include an expansive and fragmented IT architecture landscape, and complex middle and back-offices processes.
But the toughest challenge is keeping up with regulatory compliance demands. For the industry overall, it is estimated that banks spend approximately $270 billion annually on compliance operations.
Heatmap for Banking
High Automation Potential
Medium Automation Potential
Low Automation Potential
Lending
Origination
Loan Processing
Underwriting
Funding
Administration &
Monitoring
Default Management
Cards
Prospecting and
Application
Processing &
Approvals
Payments &
Settlement
Collections &
Servicing
Dispute & Fraud
Managemnet
Network
Management
Bancassurance
Policy issue
Automatic payments
set-up
Collateral monitoring
Policy servicing
Reconciliation with all
Insurers
Payments
Funds Transfers
Requests
Tax Payments
DD/Cheque Clearing
Settlement
Payment
Reconciliation
Cash Management
Customer & accounts
Lifecycle
Onboarding and account
set-up
KYC/CDD
Client & accounts
Maintenance
Fees and
Chargebacks
Client & Account
Closure
Cash Withdrawal
/ deposit
Risk & Compliance
KYC/CDD
Transaction
Monitoring
Screening & Alerts
Management
Risk Monitoring
Reporting
Internal/External
Use case
Fraud detection
Time spent on each suspicion
without RPA
45 min
Time spent on each suspicion
with RPA
20 min
Suspicion addressed
100%
Our mission is to put your teammates at the centre of digital transformation. Our will is to support our clients whatever their size to derive the greatest benefits from digital transformation, improving productivity and employees’ work environment.
LILA BENHAMMOU
General Director
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