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TruBot automates cash flow updation in Murex system for a leading private sector bank

Client

A leading private sector bank in India


Industry 

BFS


Region

India

RPA_TruBot automates cash flow updation in Murex system for a leading private sector bank in India

Challenges

The bank wanted to eliminate the errors that were creeping in the cash flow management process. They used a manual updation process which was highly error prone. The bank had to achieve real-time data synchronization between their CRM and Murex system. 

Solution

Datamatics implemented Robotic Process Automation (TruBot) that comprised of multiple stages. The bot downloaded data extract from the CRM and the pre-dump data from Murex. Subsequently, the bot updated the CRM extract in Murex through multiple touch points followed by a thorough auto-validation and auto-reconciliation.

Download Case Study

Impact

annual-report

~100%

Achieved high accuracy in data updation

annual-report

80%

Savings in licensing fees

annual-report

75%

Reduction in turnaround time

annual-report

100%

Regulatory compliance