CAPABILITIES
- Powered by Patterns 3rd generation Digital Bot Workers[DBW]
- Automation of end to end Customer Outward Payment Request Forms (SWIFT & Domestic Payments)
- Indexes and Extracts information from Forms using Deep Learning Robotic elements/Patterns Defintion Language PDL’s equipped with Teacher Bots specifically trained for purpose.
- Compares forms data with QR code encoded data in the form
- Extracts signature/s on the form, verifies them with specimen signatures
- Performs automated customer mandate checks
- Provides for checker review as per operational policy and entitlements
- Entire automation tracked with justification and comprehensive audit logs
VALUE DELIVERED
- Handled 1 million plus outward payment forms
- Achieved 80% Bot work share
- 85% improvement in Turn Around Time [TAT]
- Operational risk loss completely averted
CUSTOMER OUTWARD PAYMENT REQUEST VALIDATION
DATA EXTRACTION FROM THE FORM
AUTOMATED COMPARISON WITH QR CODE CONTENT WITH FORM DATA
AUTPOMATES SIGNATURE EXTRACTION, MATCHING & MANDATE RULE CHECKING
CORE BANKING SYSTEM INTEGRATION FOR STP PROCESSING
JUSTIFICATION LOGS & AUDIT TRAILS
IMPLEMENTATIONS
Automates indexing and required data extraction including duplicate document detection and screening
Compares form data with data encoded in the QR code in the form
Extracts one or more customer signatures, verifies them with specimen signatures in the bank, checks and ensures that the form has been signed as per customer mandates
Matches debit account title in the form with the account title in the core banking system. In case of account to account transfers, credit account title match is also performed
Integrates with banks core banking system to send form extracted data, signature and mandate results