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How Big Tech could change banking?

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August 13, 2023
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Blogs

For better or worse

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Blogs

BEST PRACTICES FOR AN RPA

CENTER OF EXCELLENCE (COE)

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Case Studies

Manufacturing

Case Study: Optimizing Supply Chain Management for Improved Efficiency

Enhancing Fraud Detection and Prevention

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August 9, 2023
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Case Studies

A large bank faced increasing challenges in detecting and preventing fraudulent activities across its accounts and transactions. The manual review process was time-consuming and often missed critical indicators of fraudulent behavior.

Improving Account Reconciliation

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August 9, 2023
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Case Studies

A global bank faced challenges in reconciling thousands of accounts across multiple systems and databases. The manual reconciliation process was time-consuming, prone to errors, and lacked visibility into discrepancies.

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Whitepapers

RBA in Back Office

RPA solutions will employ artificial intelligence (AI) to learn and improve, enabling them to handle virtually all back-office processes from end-to-end.

Connecting Human and Digital to Supercharge Business Outcomes

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August 17, 2023
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Whitepapers

From robotic to intelligent, Customer preferences and demands can shift overnight.

Role Of Ai & Rpa In Travel And Hospitality Industry

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August 17, 2023
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Whitepapers

The Travel and Hospitality (T&H) industries are adopting modern technology along with a high degree of Robotic Process Automation (RPA) and Artificial Intelligence (AI).
Careers

Optimizing Mortgage Underwriting

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Challenge

A mortgage lender struggled with a lengthy and manual mortgage underwriting process. The manual review of borrower information, credit history, and property details resulted in bottlenecks, increased turnaround times, and high operational costs.

Solution

The lender implemented RPA to automate the mortgage underwriting process. RPA bots were deployed to gather borrower data from various sources, perform credit checks, evaluate property valuations, and generate risk assessment reports. The bots seamlessly integrated with the lender’s systems and assisted human underwriters in making informed decisions.

Results

The RPA implementation streamlined the mortgage underwriting process, reducing turnaround times by 50%. The automation improved accuracy, minimizing errors in risk assessment and credit evaluations. The lender experienced significant cost savings by optimizing resource allocation and improving operational efficiency. Additionally, the improved speed and accuracy of the process enhanced customer satisfaction and enabled the lender to capture a larger market share.