Exceptions and investigations (E&I) are time-consuming and expensive. But by transforming these processes, the financial industry could realise huge efficiency savings.
Key findings:
Understanding the pain points in E&I: 5-10 days average time taken to resolve payments investigations
Quantifying the industry opportunity: USD 602 million potential industry-wide profit impact of more efficient E&I
Tackling the challenges head-on: 80% potential time savings for cross border non-complex investigations
Why now? 30-35% corporates would direct their flows to banks that offer support for ISO 20022 compliance