Overview
Compliance teams struggled to generate AML and EDD reports due to long transaction histories and multi-system dependencies. INNOIRA deployed RPA bots to fetch, aggregate, and validate financial data at scale.
Business Challenges
1.
Complex multi-system data retrieval from Mainframe and other platforms
2.
Manual calculation of opening and closing balances prone to errors
3.
Slow reporting turnaround created compliance risks
Solution Implemented
Digital Worker automatically logs into multiple systems to fetch transaction histories
Automated aggregation and balance calculation ensures accuracy before action
Full audit logs maintained for transparency and regulatory compliance
Impact Delivered
99%
Accuracy
Improved accuracy in AML and EDD report generation
10X
Productivity
High-volume reporting supported with minimal human effort
5 minutes
Turnaround Time
Reduction from long manual processing times