Case Study

Automic® Automation More Efficient, Reliable, and Secure Temenos T24 Close of Business Processing

Automic® Automation More Efficient, Reliable, and Secure Temenos T24 Close of Business Processing

Pages 3 Pages

Case Study Business The eighth largest bank in Pakistan and the country’s leading Islamic bank. It provides a comprehensive range of Islamic banking products and services. Meezan Bank has a network of more than 500 branches in over 100 cities across the country. Challenge • Close of business (COB) process is manual and laborious • Significant efforts required to train COB operators • Manual reporting for COB execution timing and error history Solution • Centralized visibility and control of COB processing—dashboard • Integration with Temenos T24 banking application • Automated accounting processes, introducing error detection and alerting Results • Automated up to 100 daily processes • Lowered operational costs • Faster completion of COB workload by reducing latency and ma

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