SlideShare a Scribd company logo
1 of 3
Download to read offline
The third largest private sector retail bank headquartered in India, with a network of 2400 branches and
12500 ATMs spread across the country. With $50 Bn+ in assets, the bank offers an entire spectrum of financial
services to customer segments, covering large and mid-corporates, MSME, agriculture and retail businesses.
Aurionpro Consolidates Customer Communication across
channels to deliver a seamless Customer Experience
Challenge
The Client
Results
Rapid rise in customer base, market
competition and urgent need to
provide consistent customer
communication
Absence of a centralized customer
communication management
platform was leading to inconsistent
customer communication and
increased operational costs &
payment turnaround time
Current billing solution provided little
opportunity for personalization
Aurionpro Interact DX has created a unified platform that
facilitates online and or digital customer transactions,
provides a single and unified view of the customer across
multiple product categories, supports consolidation of
communication across all modern channels and helps
generate statements on demand as required by customers
The solution facilitates customer analytics to create
engaging and personalized marketing and messaging
Solution delivers over 10 million personalized statements
to customers every month
Currently 14 different types of statements are generated
using Aurionpro solution and has scaled to millions of
customers and terabytes of data
Solution
50%
Reduction in administration
and call center costs
15%
Increase in sales through
customized marketing
75%
Print statements
have been moved to e-channels
Copyright © 2016 Aurionprowww.aurionpro.com
Case Study
Copyright © 2016 Aurionprowww.aurionpro.com
Aurionpro Consolidates Customer
Communication across channels
For a leading private sector bank Aurionpro’s Customer
Communication Management solution enables unified
communication and personalized interactions
The 3rd largest Indian private sector bank with
growing customer base both retail and corporate
and proliferation of alternative banking channels
– ATM, internet banking, mobile & phone
banking, was witnessing a challenge in sharing
account related transaction and balance
information with customers in a consistent and
timely manner. The absence of a centralized
customer communication management platform
was leading to inconsistent customer
communication and increased operational costs
(print, postage, dispatch) due to absence of
updated customer information, duplication of
receipts and multiple receipts across offerings.
This was hampering the overall customer
satisfaction and leading to customer attrition and
an increase in payment turnaround time.
Given the rapid rise of digital touch points,
market competition and business need to
enhance the overall customer experience, the
bank was exploring a solution that could facilitate
online and or digital customer transactions,
support consolidation of communication across
all modern channels and could help generate
statements on demand as required by customers.
Aurionpro’s Interact DX, a smart and scalable
Customer Communication Management solution
was integrated with various other applications
and data systems of the bank, to create a single
and unified view of the customer across multiple
product categories and channels. This
comprehensive platform has enabled the bank to
consolidate statement information across
different entities and to present the statement in
a personalized, user friendly format.
Aurionpro’s solution, which supports 10 Mn+
statements monthly for the bank, has helped
enhance the overall customer experience by
providing consolidated on-demand bank
statements across all the accounts (current,
savings, credit cards, fixed/recurring deposits,
mutual funds, trading/demat, loans, payments
and fund transfer).These statements are now
available in uniform formats, easy to understand
layout, and are delivered across channels.
Aurionpro’s solution has further enabled the users
to access historical statements and receive
customized banner advertisement and target
messages through customer’s bank statements,
which has resulted in personalized
communication and higher marketing campaign
returns.
Case Study
Aurionpro Consolidates Customer
Communication across channels
Aurionpro e-Statement
Case Study
Targeted video
and sound
Customer
care links
(CTA)
Product
usage details
& analysis
Consolidated
statement view
across products
& offerings
Links to
online account
summary
Targeted
messaging
& offers
Copyright © 2016 Aurionprowww.aurionpro.com
For more information, contact: info@aurionpro.com
Aurionpro is a global technology solutions leader that helps enterprises accelerate
their digital innovation, secure their enterprises and optimize business operations.
About Aurionpro

More Related Content

What's hot

Marketing Plan
Marketing PlanMarketing Plan
Marketing PlanSyeda Azra
 
customer-centricity-in-insurance-industry
customer-centricity-in-insurance-industrycustomer-centricity-in-insurance-industry
customer-centricity-in-insurance-industryPraveen Manjunath
 
Arvind Internet a division of Arvind Limited Internship Project Report
Arvind Internet a division of Arvind Limited Internship Project ReportArvind Internet a division of Arvind Limited Internship Project Report
Arvind Internet a division of Arvind Limited Internship Project Reportkunal mittal
 
Self-Service and Bots set to change customer and user experience
Self-Service and Bots set to change customer and user experienceSelf-Service and Bots set to change customer and user experience
Self-Service and Bots set to change customer and user experienceContact Centre Management Group
 
New Ways to Integrate Intelligent Voice Broadcasting Into Your Marketing and ...
New Ways to Integrate Intelligent Voice Broadcasting Into Your Marketing and ...New Ways to Integrate Intelligent Voice Broadcasting Into Your Marketing and ...
New Ways to Integrate Intelligent Voice Broadcasting Into Your Marketing and ...DialogTech
 
Ron Atzmon, Au10tix - NOAH18 London
Ron Atzmon, Au10tix - NOAH18 LondonRon Atzmon, Au10tix - NOAH18 London
Ron Atzmon, Au10tix - NOAH18 LondonNOAH Advisors
 
Top Call Center Trends For 2020
Top Call Center Trends For 2020Top Call Center Trends For 2020
Top Call Center Trends For 2020Kritagya Pandey
 
Wi-Fi–Enabled Value-Added Services: Gain Insights from Cisco Mobile Customer...
Wi-Fi–Enabled Value-Added  Services: Gain Insights from Cisco Mobile Customer...Wi-Fi–Enabled Value-Added  Services: Gain Insights from Cisco Mobile Customer...
Wi-Fi–Enabled Value-Added Services: Gain Insights from Cisco Mobile Customer...Cisco Service Provider Mobility
 
Uc solutions for_retail_industry
Uc solutions for_retail_industryUc solutions for_retail_industry
Uc solutions for_retail_industryNaveen Panduranga
 
Nikhil Gupta IMI Delhi
Nikhil Gupta IMI DelhiNikhil Gupta IMI Delhi
Nikhil Gupta IMI DelhiING Vysya Bank
 
Leveraging Advanced Analytics to Drive Customer Behavior in the Airline Industry
Leveraging Advanced Analytics to Drive Customer Behavior in the Airline IndustryLeveraging Advanced Analytics to Drive Customer Behavior in the Airline Industry
Leveraging Advanced Analytics to Drive Customer Behavior in the Airline IndustryCognizant
 
Omnichannel Automation - Financial Services - PUSHTech
Omnichannel Automation - Financial Services - PUSHTechOmnichannel Automation - Financial Services - PUSHTech
Omnichannel Automation - Financial Services - PUSHTechPUSHTech
 
Trending Technologies that are disrupting customer services
Trending Technologies that are disrupting customer servicesTrending Technologies that are disrupting customer services
Trending Technologies that are disrupting customer servicesTeckinfo Solutions Pvt. Ltd.
 
Multi-channel vs Omnichannel
Multi-channel vs OmnichannelMulti-channel vs Omnichannel
Multi-channel vs Omnichannel[24]7 India
 
B2B, B2C, B2B2C, marketplace: tutte le sfumature dell’eCommerce per creare va...
B2B, B2C, B2B2C, marketplace: tutte le sfumature dell’eCommerce per creare va...B2B, B2C, B2B2C, marketplace: tutte le sfumature dell’eCommerce per creare va...
B2B, B2C, B2B2C, marketplace: tutte le sfumature dell’eCommerce per creare va...Accenture Italia
 

What's hot (19)

Marketing Plan
Marketing PlanMarketing Plan
Marketing Plan
 
customer-centricity-in-insurance-industry
customer-centricity-in-insurance-industrycustomer-centricity-in-insurance-industry
customer-centricity-in-insurance-industry
 
Arvind Internet a division of Arvind Limited Internship Project Report
Arvind Internet a division of Arvind Limited Internship Project ReportArvind Internet a division of Arvind Limited Internship Project Report
Arvind Internet a division of Arvind Limited Internship Project Report
 
Self-Service and Bots set to change customer and user experience
Self-Service and Bots set to change customer and user experienceSelf-Service and Bots set to change customer and user experience
Self-Service and Bots set to change customer and user experience
 
Mobile payments
Mobile paymentsMobile payments
Mobile payments
 
Netcore smartech
Netcore smartechNetcore smartech
Netcore smartech
 
New Ways to Integrate Intelligent Voice Broadcasting Into Your Marketing and ...
New Ways to Integrate Intelligent Voice Broadcasting Into Your Marketing and ...New Ways to Integrate Intelligent Voice Broadcasting Into Your Marketing and ...
New Ways to Integrate Intelligent Voice Broadcasting Into Your Marketing and ...
 
Ron Atzmon, Au10tix - NOAH18 London
Ron Atzmon, Au10tix - NOAH18 LondonRon Atzmon, Au10tix - NOAH18 London
Ron Atzmon, Au10tix - NOAH18 London
 
Top Call Center Trends For 2020
Top Call Center Trends For 2020Top Call Center Trends For 2020
Top Call Center Trends For 2020
 
Wi-Fi–Enabled Value-Added Services: Gain Insights from Cisco Mobile Customer...
Wi-Fi–Enabled Value-Added  Services: Gain Insights from Cisco Mobile Customer...Wi-Fi–Enabled Value-Added  Services: Gain Insights from Cisco Mobile Customer...
Wi-Fi–Enabled Value-Added Services: Gain Insights from Cisco Mobile Customer...
 
Uc solutions for_retail_industry
Uc solutions for_retail_industryUc solutions for_retail_industry
Uc solutions for_retail_industry
 
Nikhil Gupta IMI Delhi
Nikhil Gupta IMI DelhiNikhil Gupta IMI Delhi
Nikhil Gupta IMI Delhi
 
Leveraging Advanced Analytics to Drive Customer Behavior in the Airline Industry
Leveraging Advanced Analytics to Drive Customer Behavior in the Airline IndustryLeveraging Advanced Analytics to Drive Customer Behavior in the Airline Industry
Leveraging Advanced Analytics to Drive Customer Behavior in the Airline Industry
 
Whitepaper
WhitepaperWhitepaper
Whitepaper
 
Crm At FlipKart
Crm At FlipKartCrm At FlipKart
Crm At FlipKart
 
Omnichannel Automation - Financial Services - PUSHTech
Omnichannel Automation - Financial Services - PUSHTechOmnichannel Automation - Financial Services - PUSHTech
Omnichannel Automation - Financial Services - PUSHTech
 
Trending Technologies that are disrupting customer services
Trending Technologies that are disrupting customer servicesTrending Technologies that are disrupting customer services
Trending Technologies that are disrupting customer services
 
Multi-channel vs Omnichannel
Multi-channel vs OmnichannelMulti-channel vs Omnichannel
Multi-channel vs Omnichannel
 
B2B, B2C, B2B2C, marketplace: tutte le sfumature dell’eCommerce per creare va...
B2B, B2C, B2B2C, marketplace: tutte le sfumature dell’eCommerce per creare va...B2B, B2C, B2B2C, marketplace: tutte le sfumature dell’eCommerce per creare va...
B2B, B2C, B2B2C, marketplace: tutte le sfumature dell’eCommerce per creare va...
 

Similar to Aurionpro_Axis Bank case study

U.S. Retail Banking: Prescriptions for Channel Integration and Beyond
U.S. Retail Banking: Prescriptions for Channel Integration and BeyondU.S. Retail Banking: Prescriptions for Channel Integration and Beyond
U.S. Retail Banking: Prescriptions for Channel Integration and BeyondCognizant
 
Retail Banking: Delivering a Meaningful Digital Customer Experience
Retail Banking: Delivering a Meaningful Digital Customer ExperienceRetail Banking: Delivering a Meaningful Digital Customer Experience
Retail Banking: Delivering a Meaningful Digital Customer ExperienceCognizant
 
Customer Experience Management Transforming Financial Industry To The Next Level
Customer Experience Management Transforming Financial Industry To The Next LevelCustomer Experience Management Transforming Financial Industry To The Next Level
Customer Experience Management Transforming Financial Industry To The Next LevelFCICCM1
 
Managing Omnichannel Banking Initiatives: Aligning new performance requiremen...
Managing Omnichannel Banking Initiatives: Aligning new performance requiremen...Managing Omnichannel Banking Initiatives: Aligning new performance requiremen...
Managing Omnichannel Banking Initiatives: Aligning new performance requiremen...Golden Gate BPO Solutions, LLC
 
Banking on Digital: Innovation in Financial Services
Banking on Digital: Innovation in Financial ServicesBanking on Digital: Innovation in Financial Services
Banking on Digital: Innovation in Financial ServicesBackbase
 
WhitePaper Chicago style Sample written by writingmetier.com
WhitePaper Chicago style Sample written by writingmetier.comWhitePaper Chicago style Sample written by writingmetier.com
WhitePaper Chicago style Sample written by writingmetier.comWriting Metier
 
Centre for Disruptive Technologies Mobile Money & Payments Presentation
Centre for Disruptive Technologies Mobile Money & Payments PresentationCentre for Disruptive Technologies Mobile Money & Payments Presentation
Centre for Disruptive Technologies Mobile Money & Payments PresentationSharron L McPherson
 
Speech Analytics for Banking and Financial Services
Speech Analytics for Banking and Financial ServicesSpeech Analytics for Banking and Financial Services
Speech Analytics for Banking and Financial ServicesUniphore
 
internet-banking
internet-bankinginternet-banking
internet-bankingchinchusha
 
Transforming the Branch: What Banks Need to Do
Transforming the Branch: What Banks Need to DoTransforming the Branch: What Banks Need to Do
Transforming the Branch: What Banks Need to DoCognizant
 
Digital Banking: Enhancing Customer Experience; Generating Long-Term Loyalty ...
Digital Banking: Enhancing Customer Experience; Generating Long-Term Loyalty ...Digital Banking: Enhancing Customer Experience; Generating Long-Term Loyalty ...
Digital Banking: Enhancing Customer Experience; Generating Long-Term Loyalty ...Cognizant
 
Omnichannel Engagement
Omnichannel EngagementOmnichannel Engagement
Omnichannel EngagementBankingdotcom
 
Digital Banking: Enhancing Customer Experience; Generating Long-Term Loyalty
Digital Banking: Enhancing Customer Experience; Generating Long-Term LoyaltyDigital Banking: Enhancing Customer Experience; Generating Long-Term Loyalty
Digital Banking: Enhancing Customer Experience; Generating Long-Term LoyaltyCognizant
 
CRM for Financial Services
CRM for Financial ServicesCRM for Financial Services
CRM for Financial ServicesSahana Bose
 
CRM SYSTEM IN NBFC SECTOR
CRM SYSTEM IN NBFC SECTORCRM SYSTEM IN NBFC SECTOR
CRM SYSTEM IN NBFC SECTORSameerK23
 
Crm system (nbfc sector)
Crm system (nbfc sector)Crm system (nbfc sector)
Crm system (nbfc sector)Gupta Ravi
 
Enriching CX with with Proactive Customer Communications
Enriching CX with with Proactive Customer CommunicationsEnriching CX with with Proactive Customer Communications
Enriching CX with with Proactive Customer CommunicationsJohn Pisarek
 

Similar to Aurionpro_Axis Bank case study (20)

omnichannel-hub
omnichannel-hubomnichannel-hub
omnichannel-hub
 
U.S. Retail Banking: Prescriptions for Channel Integration and Beyond
U.S. Retail Banking: Prescriptions for Channel Integration and BeyondU.S. Retail Banking: Prescriptions for Channel Integration and Beyond
U.S. Retail Banking: Prescriptions for Channel Integration and Beyond
 
Retail Banking: Delivering a Meaningful Digital Customer Experience
Retail Banking: Delivering a Meaningful Digital Customer ExperienceRetail Banking: Delivering a Meaningful Digital Customer Experience
Retail Banking: Delivering a Meaningful Digital Customer Experience
 
Present & Future: Customer Service
Present & Future: Customer ServicePresent & Future: Customer Service
Present & Future: Customer Service
 
Customer Experience Management Transforming Financial Industry To The Next Level
Customer Experience Management Transforming Financial Industry To The Next LevelCustomer Experience Management Transforming Financial Industry To The Next Level
Customer Experience Management Transforming Financial Industry To The Next Level
 
Managing Omnichannel Banking Initiatives: Aligning new performance requiremen...
Managing Omnichannel Banking Initiatives: Aligning new performance requiremen...Managing Omnichannel Banking Initiatives: Aligning new performance requiremen...
Managing Omnichannel Banking Initiatives: Aligning new performance requiremen...
 
Banking on Digital: Innovation in Financial Services
Banking on Digital: Innovation in Financial ServicesBanking on Digital: Innovation in Financial Services
Banking on Digital: Innovation in Financial Services
 
WhitePaper Chicago style Sample written by writingmetier.com
WhitePaper Chicago style Sample written by writingmetier.comWhitePaper Chicago style Sample written by writingmetier.com
WhitePaper Chicago style Sample written by writingmetier.com
 
Centre for Disruptive Technologies Mobile Money & Payments Presentation
Centre for Disruptive Technologies Mobile Money & Payments PresentationCentre for Disruptive Technologies Mobile Money & Payments Presentation
Centre for Disruptive Technologies Mobile Money & Payments Presentation
 
Speech Analytics for Banking and Financial Services
Speech Analytics for Banking and Financial ServicesSpeech Analytics for Banking and Financial Services
Speech Analytics for Banking and Financial Services
 
internet-banking
internet-bankinginternet-banking
internet-banking
 
Transforming the Branch: What Banks Need to Do
Transforming the Branch: What Banks Need to DoTransforming the Branch: What Banks Need to Do
Transforming the Branch: What Banks Need to Do
 
Digital Banking: Enhancing Customer Experience; Generating Long-Term Loyalty ...
Digital Banking: Enhancing Customer Experience; Generating Long-Term Loyalty ...Digital Banking: Enhancing Customer Experience; Generating Long-Term Loyalty ...
Digital Banking: Enhancing Customer Experience; Generating Long-Term Loyalty ...
 
Final reprt crm
Final reprt crmFinal reprt crm
Final reprt crm
 
Omnichannel Engagement
Omnichannel EngagementOmnichannel Engagement
Omnichannel Engagement
 
Digital Banking: Enhancing Customer Experience; Generating Long-Term Loyalty
Digital Banking: Enhancing Customer Experience; Generating Long-Term LoyaltyDigital Banking: Enhancing Customer Experience; Generating Long-Term Loyalty
Digital Banking: Enhancing Customer Experience; Generating Long-Term Loyalty
 
CRM for Financial Services
CRM for Financial ServicesCRM for Financial Services
CRM for Financial Services
 
CRM SYSTEM IN NBFC SECTOR
CRM SYSTEM IN NBFC SECTORCRM SYSTEM IN NBFC SECTOR
CRM SYSTEM IN NBFC SECTOR
 
Crm system (nbfc sector)
Crm system (nbfc sector)Crm system (nbfc sector)
Crm system (nbfc sector)
 
Enriching CX with with Proactive Customer Communications
Enriching CX with with Proactive Customer CommunicationsEnriching CX with with Proactive Customer Communications
Enriching CX with with Proactive Customer Communications
 

Aurionpro_Axis Bank case study

  • 1. The third largest private sector retail bank headquartered in India, with a network of 2400 branches and 12500 ATMs spread across the country. With $50 Bn+ in assets, the bank offers an entire spectrum of financial services to customer segments, covering large and mid-corporates, MSME, agriculture and retail businesses. Aurionpro Consolidates Customer Communication across channels to deliver a seamless Customer Experience Challenge The Client Results Rapid rise in customer base, market competition and urgent need to provide consistent customer communication Absence of a centralized customer communication management platform was leading to inconsistent customer communication and increased operational costs & payment turnaround time Current billing solution provided little opportunity for personalization Aurionpro Interact DX has created a unified platform that facilitates online and or digital customer transactions, provides a single and unified view of the customer across multiple product categories, supports consolidation of communication across all modern channels and helps generate statements on demand as required by customers The solution facilitates customer analytics to create engaging and personalized marketing and messaging Solution delivers over 10 million personalized statements to customers every month Currently 14 different types of statements are generated using Aurionpro solution and has scaled to millions of customers and terabytes of data Solution 50% Reduction in administration and call center costs 15% Increase in sales through customized marketing 75% Print statements have been moved to e-channels Copyright © 2016 Aurionprowww.aurionpro.com Case Study
  • 2. Copyright © 2016 Aurionprowww.aurionpro.com Aurionpro Consolidates Customer Communication across channels For a leading private sector bank Aurionpro’s Customer Communication Management solution enables unified communication and personalized interactions The 3rd largest Indian private sector bank with growing customer base both retail and corporate and proliferation of alternative banking channels – ATM, internet banking, mobile & phone banking, was witnessing a challenge in sharing account related transaction and balance information with customers in a consistent and timely manner. The absence of a centralized customer communication management platform was leading to inconsistent customer communication and increased operational costs (print, postage, dispatch) due to absence of updated customer information, duplication of receipts and multiple receipts across offerings. This was hampering the overall customer satisfaction and leading to customer attrition and an increase in payment turnaround time. Given the rapid rise of digital touch points, market competition and business need to enhance the overall customer experience, the bank was exploring a solution that could facilitate online and or digital customer transactions, support consolidation of communication across all modern channels and could help generate statements on demand as required by customers. Aurionpro’s Interact DX, a smart and scalable Customer Communication Management solution was integrated with various other applications and data systems of the bank, to create a single and unified view of the customer across multiple product categories and channels. This comprehensive platform has enabled the bank to consolidate statement information across different entities and to present the statement in a personalized, user friendly format. Aurionpro’s solution, which supports 10 Mn+ statements monthly for the bank, has helped enhance the overall customer experience by providing consolidated on-demand bank statements across all the accounts (current, savings, credit cards, fixed/recurring deposits, mutual funds, trading/demat, loans, payments and fund transfer).These statements are now available in uniform formats, easy to understand layout, and are delivered across channels. Aurionpro’s solution has further enabled the users to access historical statements and receive customized banner advertisement and target messages through customer’s bank statements, which has resulted in personalized communication and higher marketing campaign returns. Case Study
  • 3. Aurionpro Consolidates Customer Communication across channels Aurionpro e-Statement Case Study Targeted video and sound Customer care links (CTA) Product usage details & analysis Consolidated statement view across products & offerings Links to online account summary Targeted messaging & offers Copyright © 2016 Aurionprowww.aurionpro.com For more information, contact: info@aurionpro.com Aurionpro is a global technology solutions leader that helps enterprises accelerate their digital innovation, secure their enterprises and optimize business operations. About Aurionpro