Case Study: FirstCaribbean International Bank achieves faster balance sheet validation with Alteryx

Firstcaribbean Bank Validates Balance Sheet Process with Intelligence Suite

FirstCaribbean International Bank needed to streamline its daily EC ACH balance sheet validation process, which was previously done manually by reviewing individual PDF session reports and keying amounts into Excel. This approach was time-consuming, error-prone, and required about 1.5 to 2 hours per day, creating delays and unnecessary paper use. The bank used Alteryx Intelligence Suite to automate and simplify the workflow.

Using Alteryx, FirstCaribbean International Bank converted and organized PDF session reports, standardized text fields, and automated the validation process across territories. The results included a 100% reduction in paper usage, 6,048 sheets saved per year, and 378 working hours saved annually. Alteryx also significantly reduced the effort needed to review PDFs and improved validation timelines.

FirstCaribbean International Bank

Tammy Cumberbatch

Intermediate Systems Developer