Automating Financial Reporting for a Global Bank

Client: A multinational banking corporation
Challenge: The client’s financial reporting process was manual, time-consuming, and prone to errors. They needed an automated solution that could generate accurate reports in real time.

Solution: 

Quantal developed a comprehensive AI-driven reporting system that:

• Automated data extraction from multiple sources, consolidating it into a unified reporting framework.
• Utilized machine learning models to detect discrepancies and ensure the accuracy of reports.
• Generated real-time financial reports for compliance, auditing, and management decision-making.

Results: 

• 50% reduction in report generation time.
• 100% accuracy in compliance reporting.
• Real-time insights allowed for faster decision-making and better regulatory adherence.