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Shanghai Rural Commercial Bank has built a high-density robot factory to realize intelligent financial management

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Shanghai Rural Commercial Bank Automation Journey

As a bank with strong strength and extensive business network, Shanghai Rural Commercial Bank has always been at the forefront of the industry in its continuous pursuit of excellent customer service and efficient internal operations. In order to further improve the automation and efficiency of its business processes, the bank decided to introduce RPA technology. This initiative brings the bank to the forefront of the digital age, giving it unlimited potential to better meet customer needs and improve internal efficiency. Since the introduction of RPA, hundreds of RPA processes have been built, covering 18 departments and multiple branches, including the Fintech Department, the Trade Finance Department, and the Corporate Finance Department. And take the lead in deploying high-density robots to maximize the use of resources.

Business pain points

The digital transformation of the industry requires RPA to implement technology leadership and improve operational efficiency

Business development needs, and the degree of automation of daily management in the industry needs to be improved. In recent years, many banks have started to pilot RPA, and the degree of digitalization has increased

Business Highlights:

Since May 2020, Shanghai Rural Commercial Bank has cooperated with i-Saiqi to launch the RPA project, and has launched automated processes in different departments, which has achieved remarkable results. With the development of business, it has successfully promoted the application of RPA throughout the bank, covering multiple business areas, realizing hundreds of efficient business scenarios, and promoting the high-quality development of rural commercial banks with RPA

Solution

The integration of RPA and AI transforms IPA, boosts the online intelligence of the whole process of typical scenarios, and at the same time sinks to the grassroots level, reducing the burden on grassroots branches and related line personnel, and empowering the construction of the midfield.

Application scenarios

Exemption from automatic pre-loan review for tenants

Commercial e-loan is a personal business quick loan product of Shanghai Rural Commercial Bank, which is dedicated to improving the financing efficiency of small and micro business owners. As a key part of risk prevention, pre-loan review still eliminates the fact that the pre-loan review process is time-consuming and error-prone. Launched the business e-loan optimization project, and used RPA+OCR to replace the pre-loan review process of 5 points of manpower to handle business e-loans; The time taken for a single process has been reduced from 70 minutes to 16 minutes, the efficiency has increased by 3.4 times, and the data accuracy has increased to 100%.

Automatic deposit data collection process

The branch independently developed and launched an automatic deposit data collection system, which realized the automatic collection of deposit data from the centralized reporting platform for classification and summary of each branch every day through the RPA robot and automatically imported it into the comprehensive profit-making system, combined with the private version of the mobile version of the WeCom data assistant to push and display to the branch leaders, realizing the automation of the whole process of data export, processing, import, and push display, saving a lot of human resources. At the same time, it took the lead in calling the verification code recognition interface of the head office, and then called the message center interface of the private version of WeCom to add the function of reminding the success or failure of the import, so as to provide a basis for the automatic collection of other reports of the branch and other similar business needs in the future.

Personal settlement accounts are automatically reported

The automatic reporting of RPA personal settlement account is divided into downloading the settlement account information of the profit system, downloading the credit card settlement account information, and uploading the settlement account information. The RPA robot regularly downloads the settlement account information of the previous day from the profit system and the credit card center every day, and then automatically accesses the reporting system of the People's Bank of China to upload the relevant documents.

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