Banking
Discover how banks like Morgan Stanley use intelligent automation to ensure regulatory compliance, maintain data accuracy, and mitigate risks
Major Banks use DataSnipper
Discover how banks like Morgan Stanley use intelligent automation to ensure regulatory compliance, maintain data accuracy, and mitigate risks
Manual data entry and reconciliation is time-consuming and error-prone
Manual work can introduce errors, leading to inaccuracies in reporting
Keeping up with ever-evolving regulations is challenging and time-consuming
Review account statements and contracts with OCR. Ensure interest and fees align with product specifications and customer agreements.
Automate transaction data comparison between payment systems and bank statements in Excel to ensure payment process integrity and security.
Verify customer ID and link with account data in Excel, ensuring all checks are completed.
Extract details from expense reports and receipts, and validate with corporate expense policies.
Analyze loan applications and approval records. Verify with lending standards and credit policies.
"Since we’ve implemented DataSnipper it has greatly reduced the time spent documenting and reviewing workpapers. We are constantly evaluating ways to leverage DataSnipper for SOX testing and Operational Audits. Looking forward to the increased time savings as we continue to integrate the use of the tool."
