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Increases efficiency and productivity by reducing human interactions
Engage customers in real-time transactions with minimal overhaul of your banking systems
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RPA in Banking & Finance Department

Robotic Process Automation in Banking Over the last decade, the banking and financial sector have spent significant time and cost on compliance operations. The voluminous data dealt with by the banking sector daily is driving several banks across the world to advocate their existing traditional system into Automation processing.

Robotic Process Automation is an expedient engine for the pressing demand of the banking sector. Do more with fewer resources is driving the banking sectors to look for more ways to boost productivity. Maintenance expenses are one of the focus areas in all banking industries. Accepting Robotic Process Automation in Finance is extensively reducing the operational cost from 30 percent to 70 percent.

Implementing Robotic Process Automation in banking minimizes errors and human efforts to a great extent. Robotic Process Automation in Banking Industry can deliver better compliance, mitigate risks, and higher customer satisfaction. Due to its inherent capability of working on top of existing infrastructure and a low-code solution approach, RPA in Banking makes it a suitable candidate to be adapted and deployed.

It has proved that turnaround time in processing a request has reduced from days to hours and, in some cases, to minutes! IntelliBuddies® Robotic Process Automation in Banking Industry can support banking systems with a variety of process automation. These solutions will allow your core team to forget about repetitive and mundane tasks, thereby engaging them with more clients, which directly translates to improved business growth.

Features of Robotic Process Automation in Banking Industry

Fraud- Prevention:

In current days, illegal activities are becoming common in banking institutions. They are highly vulnerable to the violation of security and cyberattacks. Enforcement of Robotic Process Automation in Banking can comfort banks in continuing an advanced level of security that is substantial and stable. In an automated system, frauds are detected and exposed more efficiently than humans figure out.

Reduce Operational Risk

Robotic Process Automation in Finance can replace human errors caused by mistakes, tiredness, or lack of knowledge and providing a lower level of operational risk.

Enhances performance

Applying RPA in Finance sector will reduce errors by eliminating human touchpoints and judgment for routine activities across the banking value chain.

Fundamental Banking Operations

RPA in finance domains is amending the several issues of back-office banking operations such as customer data updates, verification, documentation, accounting reconciliation, and more.

Account opening process

RPA in Finance industries assist the account opening process by obtaining the information from entry forms and feed it into the host applications. It supports the bank to reduce tedious, error-prone data entry procedures and increases operational accuracy and saving cost.



Easily resolve lower priority queries freeing-up time for your team to handle higher priority queries


Credit Card

Gather documents from customers, make credit & background checks and make decisions based on preset parameters



Accelerate the processes based on preset rules, algorithms and clearing the bottlenecks



Collect information from different systems, validate and update the same to your system



Handle financial statements, assets, liabilities, revenue and expenses across disparate systems


Accounts Closure

Process account closure request, obtain proofs, perform tasks in shorter durations with 100% accuracy


  • Cost Savings - Robotic Process Automation in Banking provides easy to adhere to rules and increases productivity by functioning 24/7 with fewer FTEs & Lower response time to status requests from bankers
  • Time Savings - The introduction of RPA in banking sectors can reduce the staff fluctuation’s in an organization and eliminates the need for seasonal employees. It also reduces processing time & hours spent in onboarding and repeated manual works
  • Expressway - RPA in Finance sector will create tasks and processes in the express mode, which means it is 90% quicker than before
  • >Error Free Operations -> RPA in Banking creates an error-free customer data repository & promotes more customer interactions. The validated data used for making better decisions is highly accurate
  • Efficient Process - RPA in Banking reduces the need for personnel required for data validation. A better, faster intelligence promotes a safer environment and more investors and streamlined analysis and decision making to produce reports quicker

Using IntelliBuddies® beneficial straightforward processing can be achieved

Process applications reduce human interactions and increase efficiency and productivity! Engage customers in real-time without a significant overhaul of banking systems.

Image banking
Image banking

Using IntelliBuddies® beneficial straightforward processing can be achieved

Process applications, reduce human interactions and thereby increase efficiency and productivity! Engage customers in real-time without a significant overhaul of banking systems.

Robotic Process Automation in Banking processes the banking work that is monotonous in nature. RPA in banking and financial sectors increases their productivity by engaging customers in real-time, reduce risk, reduce repeated manual tasks, data reconciliation with its low code approach.

Robotic Process Automation in Banking is used to automate the backend workflows usually consists of rule-based, arduous, high volume redundant tasks, and allows employees to focus on value-added tasks. It is used to quicken the core processes, killing human prone errors, increases the accuracy, available 24/7, helps to lower the costs, and time-to-market for new services.

  • RPA in banking supports the banks and financial institutions to automate their processes faster with drag and drop technology, increases productivity, available 24/7 for data entry, payroll and other repetitive tasks.
  • RPA in banking improves the customer experience. Buddies can quickly examine the difficulties of customers and provide a proper response to their queries.
  • RPA in banking can reduce the loan processing time and accelerate the time-consuming processes creating happy customers.
  • RPA in banking helps complete auditing trails for each & every process to reduce business risk and maintain high process compliance.
  • RPA in banking does not require any infrastructure changes due to its UI automation capabilities. The hardware and servicing cost further reduces in the case of cloud-based RPA.
  • Account opening - With the implementation of RPA in Banking, the burdensome account opening procedure becomes much simple, speedy and specific. It eliminates the data transcription errors in the core banking system and the new account opening requests, thereby enhancing the data quality of the overall system.
  • Automatic statement Generation - RPA can generate compliance reports of fraudulent transactions in the form of suspicious activity reports. RPA technology uses natural language generation capabilities to read through these lengthy compliance documents before extracting the required information and filing the SAR.
  • Loan processing - Loan processing is always considered a slow process. RPA in banking can accelerate it and brings it down to a record of 10-15 minutes for processing.
  • Mortgage processing - RPA in banking reduces the time taken for processing the various tasks include the mortgage lending process, including loan initiation, document processing, financial comparisons, and quality control. As a result, the loans can be approved much faster, leading to enhanced customer satisfaction.
  • Know your customer (KYC) - RPA in banking is used to collect customer data, evaluate and validate it. This helps banks to conclude the process in a shorter duration with fewer errors and employees.

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