This RPA use case in banking demonstrates the best examples of RPA in banking by automating the entire AML investigation process. The investigation of a single case takes anywhere from 30 to 40 minutes, depending on the complexity and availability of information in various systems. RPA can easily automate these repetitive and rule-based tasks, resulting in a 60% reduction in process turnaround time. This is a very specific but highly relevant RPA use case for many banks. A team of knowledge workers is ideal for manually transcribing data between multiple disconnected legacy systems and identifying bank guarantees for closure/termination/discharge. Download EdrawMax and create informative use case diagrams today.
