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Success Story

Automated Data Validation Tool with 48% More Accurate Fraud Transaction Detection Capability for a US-Based Community Bank

Client Introduction

A prominent regional community bank in the US, offering a wide range of financial services to consumers and businesses.

Problem Statement

  • The bank was looking for a data validation tool that could match the transactional data inputs with the data output generated by its 3rd party tool. The need was for a simple and integrated automated tool that could reduce the complexity of matching the transactions generated in the bank on a day-to-day basis.
    • Ineffective fraud detection due to challenges in validating input transactions against the tool output
    • No system to determine missing transactions in the existing tool’s final output
    • Complicated and inefficient process with low accuracy
    • No auditable database, leading to regulatory risks

Solution Offered

Anaptyss developed an advanced version of the tool that generated a unique key code based on a one-to-many matching protocol. The improved data validation tool created separate input files to display validation results and compiled the output in a worksheet.

Key solution delivered

  • Integrated automated tool to simplify the matching of transactions.
  • A system to look up unique key codes (transaction IDs) in the consolidated output
  • Fraud detection feature with a binary output

Business Outcomes

  • The bank could identify 48% more data inefficiencies
  • Ability to perform root cause analysis
  • 3-step automated process with 10 minutes validation time per dataset

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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