Nelito Systems Ltd.
28 Case Studies
A Nelito Systems Ltd. Case Study
Absa Bank (Mauritius) Limited, part of Absa Group Limited, needed a more accurate and timely way to produce financial regulatory reports for a highly regulated banking environment. Working with Nelito Systems Ltd. and its FinCraft™ Regulatory Reporting Solution, the bank was facing delays and manual effort in gathering data files and preparing reports on time.
Nelito Systems Ltd. implemented Robotic Process Automation (RPA) to automate automated data flow and XBRL regulatory reporting tasks, including picking up 20+ files daily and extracting data directly from source systems. The result was improved accuracy, fewer errors, and no human intervention in the reporting process; data extraction time dropped from 180 minutes to just 3 minutes, helping the bank speed up operations and reduce the risk of missed deadlines.