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Case Study

European Bank Accelerates KYC Processes with Automation from Kofax

88%

Faster data collection

1,000s

Of hours saved per week

Cuts

Compliance risks

This bank used Kofax RPA™ to automate data gathering processes linked to Customer Due Diligence (CDD) and Know-Your-Customer (KYC) checks. Today, the bank can complete data-collection work that once took roughly 13 minutes in under 90 seconds on average, saving thousands of hours a week. Faster, more complete customer investigations reduce costs and the risk of regulatory non-compliance.

Kofax RPA has completely transformed the way that we manage CDD and KYC investigations.
Spokesperson
European bank

About Company

This European bank offers a full range of products and services to retail, private and corporate clients.

 

Products

Kofax RPA

Focus

Robotic Process Automation (RPA)
Know-Your-Customer (KYC)
 Regulatory Compliance

Products

Workflow Automation

Tungsten TotalAgility

TotalAgility Intelligent Automation Platform accelerates business processes with document intelligence, task automation and process orchestration.

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Workflow Automation

Tungsten RPA

Tungsten RPA technology enables you to automate labor-intensive, multi-step tasks across systems and data sources with no coding.

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View all products