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TruBot automates cash flow updation in Murex system Case Study
Case Study

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

Client

A leading private sector bank in India

Industry

BFS
RPA in Banking Case Study

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.

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Impacts
High accuracy in data updating - Case Study of RPA

~100%

Achieved high accuracy in data updation
80% Savings in licensing fees - RPA Case Study

80%

Savings in licensing fees
RPA Case Study - 75% Reduction in turnaround time

75%

Reduction in turnaround time
100% Regulatory compliance - Automation Case Study

100%

Regulatory compliance

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