Banking & Financial Services
Eclatprime has extensive understanding of the synergy between
Business and Digital Process
Automation to optimize the
Financial Services industry processes to retain profitability and stay competitive
Today, banks and financial institutions thrive in one of the most competitive
environments in all of business. Retaining
customers, attracting new ones, delivering new products, providing consistent
customer-centric services through multiple
channels (Branch, Office, Internet, ATM, Mobile,Chat), while adhering to federal
regulatory requirements is more
challenging than ever.
Given current market conditions and opportunities, leading banks are focused on improving
key processes, especially
those that provide opportunity to increase productivity and attract new business.
Account Opening Challenges
- Ensure consistent service levels and high customer satisfaction
- Maximize cross-sell and up-sell opportunities using Artificial
Intelligence
- Reduce inaccuracies in account funding and customer information capture
across channels
- Enhance compliance and security initiatives
- Reduce the cost of bringing new products to market
Attract and Retain New Customers
- React to the market and customers in anticipation of rapid growth in
account
openings and servicing requirements
- Respond rapidly and efficiently to high-volume requests
- Ensure those customer requests can be managed acrosss channels
- Track and speed movement of new account setups
- Monitor for compliance and reporting the distribution and return of
documents
Prospects for Growth with Enhanced Loan
Origination
- Automate as much of the application and closing processes as possible
- Improve application tracking and compliance monitoring
- Track all required information electronically in real time
Improve Merchant Services and Dispute
Resolution
- Track and speed movement of charge-backs and resolutions
- Provide transparency into the process for merchants
- Reduce fraud losses resulting from provisional credits
- Automate Back office processes while improving service levels using RPA
To support the future of banking, we provide scalable services, manage and execute strategic
initiatives and create
innovative delivery models. By leveraging our technical expertise, track record of global
clients and our global
delivery model, you become a next-generation financial organization bringing agility to your
business.
Eclatprime has established through many successful financial services implementations that it
understands industry needs
and more significantly how Digital Process Automation provides a sustainable and competitive
advantage. Our expertise on
Banking & Financial Services Solutions Frameworks also includes the implementation &
customization knowledge around
products such as:
- Financial Services Industry Foundation
- On-Boarding for Retail Banking/Card Servicing/Commercial Banking/Capital Markets
- Next-Best-Action Marketing for Retail & Commercial Banking
- Customer Service for Retail Banking/Card Servicing/Commercial Banking
- Collections Management, Sanctions Management & Loan Origination
- Smart Investigate for Payments/Self Service/Securities
- Financial Crimes Case Management
- KYC and FATCA Compliance
- Benefits enrolment
This ensures that banking customers will benefit from a catalogue of predefined and
pre-integrated industry standard
template product models, rules, business processes and applications.