Process Mining for Banking: do you really Know-Your-Customers?
June 29, 2021
from 4:00 PM
to 4:30 PM
About this webinar
Join us to hear about the new challenges and opportunities offered by an Execution Management System. In this webinar we are going to focus on the Banking industry, showing you how to kick-off a project starting from our Value Canvas and analyzing a demo on "Know-Your-Customer" on Celonis in order to shed light on how the EMS can help your company.
During the webinar we will highlight how organizations can unlock value from their processes leveraging on the EMS and Process Mining platforms, from simple analytics to the execution functionality. Then, we will show how the Execution Management System can add value to the Know Your Customer process, since it is a significant element in the fight against financial crime, money laundering and customer identification that is the most critical aspect when the client opens an account. Failure to conduct proper due diligence exposes financial institutions to costly and unnecessary regulatory and reputational risk, furthermore it drastically slows down other operations such as customer onboarding. The Execution Management Systems for KYC optimizes the process for desired business outcomes like reduced risk, increased SLA adherence, and faster, more efficient processing.
Reply's Webinars series covers all industries and spans the latest innovation trends.