The solution integrated with the bank’s existing legacy infrastructure and introduced reusable capabilities. Through a three-tier architecture, the solution could be extended to other businesses by reusing the code.
The automated process generated audit reports, debit notes, and rejection letters and sent them back to the auditor’s email ID or through print/post process. The new system improved process visibility and drastically reduced manual intervention including validation of report with other core banking systems. The solution established an automated connection between other core banking systems to persist the data required for an audit letter report.