Streamlined solutions for banks and credit unions
Banks and Credit Unions often leverage legacy back-office systems for many daily as well as large mission-critical tasks. Many of these tasks require complete accuracy and can be rather mundane for workers. Nintex allows banks to significantly accelerate key processes without having to completely rebuild their IT infrastructure. It also provides for 100% accuracy allowing tasks to be complete more quickly with confidence.
Adapt to evolving financial and regulatory challenges
Quickly reduce regulatory compliance backlogs
Reduce compliance operations costs and meet regulatory requirements faster than ever with fewer resources. Streamline your Anti-Money Laundry (AML) and Know Your Customer (KYC) compliance process and reduce manual errors to zero.
Improve operational efficiency
A wide range of repetitive and manual tasks, such as data migration due to acquisitions, data reconciliation, bad-debt write-offs or report generation can all be completed by RPA bots that can work much faster than humans and 24 hours a day, seven days per week.
Save money & improve employee satisfaction
RPA can cut admin costs by as much as 80% – saving banks tens of millions of dollars per year and helping them avoid costs of outsourcing or investing in temp staff for data entry. RPA can free up time to focus on customer service and other high-value work.
Banking and lending
Communication between bank branches is streamlined with paperless digital processes. Intelligent workflows help reduce inaccuracy while improving efficiency. From loan applications to identity verification, automated processes deliver better customer outcomes, faster.
Financial data processes
Automate mass banking processes and eliminate the need for manual data entry and re-entry. Leverage Nintex RPA to automatically merge and populate data across systems and perform repetitive tasks such as card issuance and re-issuance, interest rate changes, and fee assessment.
Mass account updates
Automate product code changes, adjustments to overdraft limits, fee assessments, responsibility code updates, and other unstructured manual processes. Free employees from manual work so they can focus on customer service and more value-added work.
Streamline the lending process
Simplify loan processes and improve customer satisfaction. Identify, condense and streamline duplicate processes. Restore staff trust in processes. Improve customer experience through efficient operations.
Thanks to Nintex and Ebiz, our corporate customers can often get a credit line in less than a week now, and our retail customers can usually open an account in less than a day./Frederick Nathanael, Head of Business Process and Operations Management, ANZ/