Case Study: a leading financial tracking company achieves a 360-degree view of financial crime and non-compliance with Persistent Systems

A leading financial tracking company gains 360-degree view of financial crime and non-compliance

The client, a leading financial tracking company, faced significant challenges with its legacy compliance system, including inefficient manual reporting processes and an inability to scale with over 1.7 million daily transactions. These issues resulted in delayed analysis and high operational risks. Partnering with Persistent Systems, the client sought to re-platform its solution to gain holistic data visibility and improve compliance efficiency.

Persistent Systems re-engineered the platform into a robust, scalable compliance management system. The solution provided automated data flows, smart workflows for quick approvals, and dynamic dashboards for a 360-degree view of financial crime. This transformation drastically reduced data processing time from over 12 hours to just 2-3 hours, lowered the risk of non-compliance, and delivered a configurable, intuitive interface for users.