Success stories

Automating Electronic Fund Transfers: Speeding Up Financial Services

Written by Admin | Jul 4, 2024 11:24:11 AM

A leading financial services company offering a diverse portfolio of financial and retirement products, including life insurance, annuities, variable annuities, and securities; faced slow and error-prone manual processing of electronic fund transfer (EFT) requests. Coforge implemented Robotic Process Automation (RPA) to automate the process, resulting in faster turnaround times, increased accuracy, and cost savings.