Enhancing BFSI Compliance with Apromore Compliance Center
50%
Reduction in compliance incidents
30%
Faster change decision-making
40%
Improvement in incident management efficiency
Overview
A leading global bank faced compliance challenges due to manual procedures, limited automation, and insufficient tools for root-cause analysis and impact assessment. These gaps led to delays, repetitive issues, and heightened risks, exposing the bank to regulatory penalties.
The Apromore Compliance Center addressed these issues by automating key control checks, improving root-cause analysis through process intelligence, and enabling risk-free simulation for process changes. This solution integrated seamlessly with the bank’s existing GRC system, delivering significant operational improvements.
As a result, the bank achieved a 50% reduction in compliance incidents, 30% faster decision-making for process changes, and 40% improved incident management efficiency.
