Rossum for Financial Services | Rossum.ai
Rossum for Financial Services
Gain the speed and efficiency Financial Services companies need with Rossum's modern cloud-native document processing powered by AI.
From onboarding to servicing and everything in between, manual data entry is still used by most Financial Services companies. Layout changes break OCR tools, validation interfaces are poor or nonexistent, and too much IT time is spent keeping everything running. Rossum solves these challenges with end-to-end automation that gets your documents from start to finish, fast.
Improve efficiency
Avoid the excessive costs associated with manual data entry and maintenance of complex automation environments.
Shorten turnaround times
Achieve faster turnaround times for processes like onboarding/KYC or financing decisions and improve customer experience.
Minimize risk
Avoid the errors, overpayments, and penalties commonly associated with manual data entry-based processes.
"With Rossum, we saw impact early on: from reducing overhead costs to increasing the speed of commercial transactions and significantly reducing the risk of exposure. The solution has a positive influence on both internal users and our clients."
Ryo Kawaguchi,
Manager
Example Use Cases
Onboarding / KYC
Accelerate onboarding and improve customer experience by automatically extracting ID cards, bank statements, and application forms.
Learn more >](/content/solutions/onboarding/index.html)
Trade Finance
Reduce costs and improve turnaround time on key trade finance decisions.
Loan Processing
Reduce costs and improve turnaround time on key trade finance decisions.
Credit Applications
Expedite credit application processes for your clients while eliminating paperwork errors.
Mortgage Processing
Reduce the time spent in classifying, extracting, and validating data from mortgage documents.
Insurance Claims Processing
Improve customer experience and eliminate downtime from the claims process by leveraging the power of AI.
Featured customer story
How The Master Trust Bank of Japan reduced manual workload by 75% with Rossum
The Master Trust Bank of Japan (MTBJ), a subsidiary of the Mitsubishi UFJ Financial Group, is one of the largest banking institutions in Japan. MTBJ partnered with Rossum to streamline its fund accounting operations and reduce the overall risk exposure. This partnership supports the bank’s long-term vision to promote highly transparent management to preserve the trust and confidence of its clients and the general public.