Enhancing Banking Efficiency
CLIENT: A LEADING BANK SEEKING TO IMPROVE EFFICIENCY AND ACCURACY IN MANAGING AND MONITORING CREDIT LINES
Develop and implement a custom monitoring tool to manage and monitor credit lines granted to clients, streamlining the process, ensuring timely follow-ups, and minimizing errors.
PieSoft developed a custom monitoring tool using a relevant tech stack, creating an efficient and user-friendly solution that enhanced the bank’s overall efficiency in managing and monitoring credit lines
The development team was divided into backend and frontend teams
responsible for writing code according to the specification
focused on developing an intuitive user interface for the tool
Both teams communicated regularly to ensure seamless data flow between the front-end and back-end systems.
The project employed:
The custom monitoring tool implementation led to several benefits for the bank, including:
Improved efficiency in managing and monitoring credit lines, resulting in a 40% reduction in time spent on credit line management tasks
Streamlined processes and reduced manual intervention, leading to a 35% increase in operational efficiency
Enhanced accuracy and minimized errors in credit line management, with a 60% reduction in error rates
Easy access to a client’s financing history, enabling better risk management and a 20% improvement in risk assessment accuracy
The implementation of the custom monitoring tool significantly improved the efficiency and accuracy of managing credit lines for the bank’s clients. This case study highlights the importance of adopting technology to streamline business processes, reduce errors, and enhance overall performance. By leveraging the right tech stack and developing a custom solution, PieSoft helped the bank better serve its clients and maintain a competitive edge in the market.