Streamlining Audit Findings Management for a Leading Investment Bank

A European multinational investment bank and financial services company.

Challenge

The client needed to automate and simplify their Findings Records Management and Resolution Workflow to enhance accuracy and reduce the time from record to resolution.

The solution in place relied on manual entry using forms that had been incresing in size over time without any UI/UX improvements and business process considerations.

Solution

We conducted an in-depth analysis of the existing semi-manual audit findings management process, which relied mainly on spreadsheets and third-party software. Our team proposed a centralized solution that seamlessly integrated all stakeholders and records into a unified platform.

By designing an intuitive and user-friendly UI/UX, we minimized human error and accelerated the resolution process. The solution ensured streamlined data input, real-time tracking, and seamless collaboration.

Business value provided

Enhanced data accuracy and reduced audit findings records documenting time by 60%.
Improved workflow efficiency, leading to faster and more reliable audit management.
Delivered a scalable solution that could be productized and offered to other organizations.