Success Story
Approx. 45% Reduction in Operating Costs and Regulatory Compliance for a US-Based Regional Community Bank
Client Introduction
A leading US bank operating multiple business lines across loan servicing, finance and accounting, retail services, and e-banking.
Problem Statement
- Slow turnaround time and high cost of reconciliation due to the labor-intensive operating model based on manual auditing of physical records
- Hampered execution, backlogs, and delivery snags due to centralized reconciliation of all transactions at a single location
- Limited visibility of transactions due to fragmented processing and lack of reporting dashboard
Solution Offered
A “three-pronged” approach hinged on redesigning the client’s operating model, co-creating the reconciliation process, and deploying an AI-powered reconciliation suite.
Key solution delivered
- Created a flexible commercial model with 50+ in-scope processes across mortgage, consumer lending, F&A, e-banking, and retail services
- Center of excellence for enterprise-grade reconciliation
- Future-state dual operating model for efficient delivery and zero backlogs
- AI reconciliation suite with auto-match rule engine for analysis
- End-to-end transaction management
- SMART dashboard with a 360-degree view of transactions insight
Business Outcomes
- 80,000+ transactions reviewed in 4 months
- 45% optimization in operating costs
- Adherence to the banking regulatory and audit requirements
Ready to Transform your Operations
From strategy and solution design to enterprise deployment and managed operations, Anaptyss helps organizations turn AI ambitions into trusted, scalable business capabilities.
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