Case Study : Audit & Compliance Analytics for a Leading Private Bank in India
The Partner is based in India and offers an Audit, Compliance and Risk Management solution for banks, insurance companies and financial institutions. The comprehensive solution helps organizations to improve efficiency and effectiveness of audit department operations by standardizing organizational audit procedures to manage internal risks and compliance.
The Client is the leading private sector bank in India, and the largest private sector bank in India by assets and by market capitalisation. The Client offers Online Net Banking Services and Personal Banking Services like Accounts and Deposits, Cards, Loans, etc. and its wide range of financial products in hundreds of Indian cities.
The Smarten analytics solution allows users to analyze important data and to identify and monitor the audit compliance section, and to measure tactical and operational results at a summary and detailed level to derive alerts and status.