AUTOMATE DATA-INTENSIVE OPERATIONS
Countries have become stringent with their money laundering laws & compliance for the banking & finance sector. Adhering to compliance with reduced error & faster processing rate are key challenges faced by Banking & Finance sector. With increased cost structures, banks have to enhance productivity to remain profitable in this competitive market.
RPA helps bank increase efficiency by automating repetitive task using cognitive intelligence that replaces humans with bots. With automation, 40% of tasks can be easily automated by bots with zero error rate & reduced cycle time with 24*7 availability.
At CIGNEX, we help banks & financial services companies replace humans with bots, in order to
- Automate unstructured data from emails, PDFs, documents and forms
- Put automation in the hands of business, in customer-facing functions.
- Automate processes no matter the scenario: attended, unattended or hybrid, with a human in the loop
With a team of 60+ certified RPA certified professionals, we have helped BFS companies to determine their next strategic technological policy. Understanding & technological knowhow are important factors in evaluating the right technology vendor which ensures the right implementation & deliverables for your RPA strategy.
Get An Automation Plan
Why Automation in Banking & Finance?
Increased compliance and eradication of human error ensuring higher quality
Real-time monitoring and investigation
Faster turnaround time
Cyber treat & security
Reduced business response time
Improved communication channel
Banking & Financial Processes You Can Automate
RPA helps automate variety of tasks, up to 40% task can be easily automated. Automation reduces cycle time & error rate, provides 24*7 availability & improved communication to ensure customer are delighted with the services. With RPA, we can help you automate -
| Account Reconciliation | Accounts Payable | KYC |
| Loan Processing | Underwriting | Customer Service |
| Account Opening & Closing Closure | Credit Card processing | Fraud Detection |
Understand Automation Potential of Processes
Automation Benefits to Banking & Financial Service Industry
Augmenting RPA in banking & financial services organization can be a pivotal decision to stay ahead of the competition.
Shorter implementation time & faster roi realization makes RPA an indigenous approach for faster adoption. RPA benefits to customers, employees & organizations are at a large.
40%
Improved Error rate
85%
Faster communication with customer
0%
Error rate reduced
4 - 6 months
Time to realize ROI for 80% of RPA initiatives
80%
Cycle Time reduced
60%
Increase in Employee Satisfaction
