Enhanced Client
onboarding with
ServiceNow FSO
A leading European Bank has been wrestling with an archaic and complex onboarding process. The process was riddled with manual steps, causing a delay in account activation and requiring repeated data entry. This resulted in a poor client experience and increased error rates. The bank sought to overhaul its onboarding process to revolutionize its customer journey. The solution? ServiceNow FSO. Aimed at reducing complexity and amplifying satisfaction, it became the bank's strategy to transform its existing process. This use case tells the story of overcoming challenges with ServiceNow FSO, which may resonate with clients looking for similar solutions.
FSO Implementation Highlights
Automated Workflows
We used ServiceNow's FSO to streamline and automate the client onboarding process, including data gathering, verification, and account creation.
Solution Details
Client Data Management
Streamlined the capture and verification of client data, integrating it with external data verification services for accuracy and compliance.
Under one hour
Cut in onboarding time
40%
Increase in Client satisfaction
60%
Reduction in error rate due to automated checks and less manual input