Case Study: SILA cuts audit prep from 2 weeks to 2 days with Unit21

SILA cuts audit prep time by 85% with Unit21

SILA, a leading aggregator in the fintech industry, faced significant challenges with its manual transaction monitoring and compliance processes. This system, which relied heavily on spreadsheets and database queries, was not scalable, created a large manual workload, and limited the company's visibility for its banking partners. To address these growth constraints, SILA partnered with Unit21 for its Transaction Monitoring and Regulatory Filing services.

By implementing Unit21's solution, SILA automated its monitoring and streamlined its operations. The platform's highly customizable rules and effective data integration allowed SILA to tailor alerts to its unique fintech aggregator use case. The results were significant, with Unit21 reducing the time required to prepare for an audit from two weeks down to just two days. This automation drastically cut manual workloads and enabled SILA to scale its compliance processes efficiently.

SILA