The Client
A leading UK merchant banking group providing lending, deposit taking, wealth management services and securities trading.
Challenges
High OpEx due to paper-based back office processes. ~ 3500 paper documents are processed daily through 50+ Excel Browsers and 45 mailboxes in one division alone
Solution Delivered
- Estimated Cost Saving of 30% using the power of Intelligent Automation
- 20x faster Speed of development. Solution delivered in 5 days using Agile Mode
- Real-time dashboards for tracking and auditing
- Beautiful and Consistent UX with 100% Automatic Native Mobile channel
Highlights: The Coforge Banking and Financial Services Practice
Wealth and Asset Management | Wholesale Banking | Consumer Lending | Cards and Payments | Trade Finance | Risk Management | Finance and Accounting
- Servicing over 200 Financial institutions
- 10 of the top 15 US private banks
- Over 100 asset managers
- 15 wealth management firms
- 6 broker dealers
- 30 pension funds
- Over 15 years of Proven Experience in Servicing Capital Markets Firms
- Asset Under Management (AUM) supported: US$ 1.5 trillion+
- Financial advisors supported: 6,000+
- End customer supported: 1.5 million+
- Over 8,000 Person Years of Solution Delivery Experience
- 45+ software products supported
- 350+ releases per year
