Automating Account Opening in Banking
 

Problem: Bank receives 10,000-50,000 account opening requests daily, overwhelming KYC process.

Solution: AYR automates key areas, leveraging real-time machine learning and AI, integrating data with legacy systems, and providing a single audit trail.

Impact:

- 72% productivity increase.
- 95% reduction in application turnaround time.
- $5.5M annual cost savings.