Customer Onboarding
Streamline Your Onboarding Process and Enable Faster Document Handling
Overview
Banks must review numerous documents during customer onboarding due to regulatory and
risk requirements. While some documents like tax-related ones are streamlined, others for
Trusts, Estates, and Incorporations need state-specific legal reviews. Challenges include
slow, manual handling, lack of scalability, compliance issues, and inconsistent data quality,
leading to delayed onboarding, increased costs, and customer frustration.
Customer Onboarding solution uses advanced AI to streamline document management for
account opening. Automating document identification, classification, data extraction, and
processing reduces costs, improves accuracy and compliance, and accelerates due
diligence, enhancing customer satisfaction and workflow efficiency.
Key Features
Automated document processing
Editable text and key data points
Machine learning accelerators
Cloud-based scalability
Built-in compliance checks
Data validation tools
Human in the loop
Automated audit trails
Automate document handling to reduce costs,
improve accuracy, and ensure compliance, leading to
faster customer onboarding and higher satisfaction.
The SLK Advantage
Proven AI Solutions
Our AI solutions have a track record of success in transforming several processes, including customer onboarding, and delivering tangible results.
Customizable Approach
We tailor our AI solutions to several LOB-specific needs, ensuring they align with your business objectives.
Seamless Integration
We ensure smooth integration of AI with your existing systems and infrastructure, minimizing disruption and maximizing efficiency.
Ongoing Support & Optimization
We provide continuous support and work with you to optimize your AI-powered customer onboarding operations, ensuring sustained success and growth.
Key Benefits
37%
Improved account opening speed
27%
Reduction in CDD/KYC efforts by elimination of duplication
