Co-operative Bank
Co-operative Banks play an important role in the development of a Nation by providing short terms and long term financing for sustaining small industries and Self employment. The economic activity of these sectors require basic banking facilities, However the rise of economic activity has ushered in cutting-edge technology in Banking like Newer Payment and Settlement systems, Newer customer touch points etc. Introducing new digital applications go a long way in improving the quality of services delivered to customers. The AnyBank suite of products and platform provides Co-operative Banks a portfolio of Tools to increase transaction velocity and improve productivity.
Opportunities to lend should have a beneficial impact on the bottomline to take advantage of the interest arbritrage by offering financial services at a cost affordable to the customer. This is possible if the workflow in credit decisioning is automated and there is minimal manual intervention. Additionally there should be rigour in the credit decisioning to lower the incidents of fraudulent advances that can become Non Performing Assets (NPA's) . The AnyBank product suite provides tools to accomplish this.
The AB platform offers all these using BPM and RPA technologies on the internet cloud. BPM technologies allow you to change workflows to suit your processing whil RPA automates most routine tasks.