Industry Solutions

Celonis for Banking

Delight customers, drive efficiencies, and deliver results.

Industry Pages Header Banking

What that looks like in action

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Credit Lifecycle

Reduce customer leakage Monitor leakage in each stage of the application funnel to increase customer satisfaction and conversion rate

Reduce manual touchpoints Identify rework caused by loops in the process and reduce unnecessary steps or automate manual tasks

Reduce Non- Performing Loans (NPL) Control SLAs during recovery stages to recover customers before delinquency surpasses the thresholds that lead to NPL

Payments & Trading Operations

Minimize Trade Amendments Identify source of amendments and standardize process across regions and products

Handle duplicate transactions Monitor versions of the same transaction to prevent risk of double payment processing

Monitor T+1 Settlement Detect cause, regions and types of transactions that are settled beyond SLA

Fraud & Anti-Money Laundering

Balance Resource Allocation Monitor alerts backlog and optimize case routing with clear distribution and prioritization rules

Minimize Incorrect Declines Track and analyse false positive patterns to prevent declines of valuable and low-risk customers

Reduce Failed Regulatory Steps Identify and eliminate failed regulatory steps, and assess controls existence and effectiveness

Regulatory Compliance

Reduce Recurring Corrections Identify patterns of recurring corrections in and automate them or signal needed changes in report generation

Reduce Manual Value Adjustments Reinforce validation steps to prevent the need of manual value adjustments or reconciliations

Improve Reporting Timeliness Actively monitor the reporting steps to prevent or signal expected delays in the pipeline

vidyard-cover-MqvBBokv4qedY1fMEbdqBE

Credit Lifecycle

Reduce customer leakage Monitor leakage in each stage of the application funnel to increase customer satisfaction and conversion rate

Reduce manual touchpoints Identify rework caused by loops in the process and reduce unnecessary steps or automate manual tasks

Reduce Non- Performing Loans (NPL) Control SLAs during recovery stages to recover customers before delinquency surpasses the thresholds that lead to NPL

Payments & Trading Operations

Minimize Trade Amendments Identify source of amendments and standardize process across regions and products

Handle duplicate transactions Monitor versions of the same transaction to prevent risk of double payment processing

Monitor T+1 Settlement Detect cause, regions and types of transactions that are settled beyond SLA

Fraud & Anti-Money Laundering

Balance Resource Allocation Monitor alerts backlog and optimize case routing with clear distribution and prioritization rules

Minimize Incorrect Declines Track and analyse false positive patterns to prevent declines of valuable and low-risk customers

Reduce Failed Regulatory Steps Identify and eliminate failed regulatory steps, and assess controls existence and effectiveness

Regulatory Compliance

Reduce Recurring Corrections Identify patterns of recurring corrections in and automate them or signal needed changes in report generation

Reduce Manual Value Adjustments Reinforce validation steps to prevent the need of manual value adjustments or reconciliations

Improve Reporting Timeliness Actively monitor the reporting steps to prevent or signal expected delays in the pipeline

Banking leaders around the world use Celonis

Global Banking Leader
$68M
in efficiency gains from re-engineering 40 processes
Caixa Geral de Depositos --white
22%
higher SLA compliance in credit recovery through usage of operational dashboards
Global Banking Leader
>$500M
in capital inefficiencies identified and leveraged Celonis to develop corrective action plans

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