Case Study: Major US Bank achieves 70% productivity gain and 99.6% data accuracy with Evalueserve's Spreadsmart

Major US Bank - Customer Case Study

Major US Bank was facing slow, error-prone, non‑scalable manual financial spreading for commercial loan applications, with analysts entering data from many file types and formats and struggling to monitor covenants and seasonal volume spikes. To speed turnaround, reduce credit risk, and scale operations, the bank engaged Evalueserve to automate its financial spreading process using the Spreadsmart platform.

Evalueserve deployed Spreadsmart behind the bank’s firewall, integrated it with Moody’s Risk Analyst, automated covenant tracking and alerts, and created a searchable repository for filings, spreads and workflows. The solution delivered measurable impact: data accuracy improved to 99.6%, productivity rose by 70%, loan processing turnaround times were substantially reduced, and credit‑risk monitoring became more timely and scalable.