EvonSys helped a 200-year-old banking organization to transition from a paper-based process to a technology-driven solution that streamlined the account management process, kept up with evolving customer demands, and complied with regulatory standards. The legacy process was bleeding the bank's MLP 1/2/n, which needed immediate attention. The project was completed within nine months, meeting all proposed timelines. The solution addressed several pain points of end customers while eliminating the need for needless trips to the branch. Additionally, the items related to MLP 1/2/n were swiftly defined and delivered, improving the bank's revenue earnings. #banking #technologydriven #regulatorycompliance #customerinteraction #revenueimprovement #centralizedadministration #transactionalvisibility #agilesolution #sustainable #painpoints #MLP1/2/n #legacyprocess #EvonSys

1. EvonSys
Wilmington, DE USA | www.evonsys.com | info@evonsys.com | est. 2005
Streamline Banking Operations

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Streamline banking
operations for
Special Titles Account
opening.

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Project Summary
EvonSys assisted a well-established bank with a 200-
year history to shift from a traditional paper-based
process to a compliant, centralized administrative
system that is agile, efficient, and sustainable
according to regulatory standards.
The client is a top automobile manufacturer with a varied portfolio, including cars, SUVs, trucks, buses, and defense vehicles. As a major OEM, they provide a broad selection of integrated e-mobility solutions for both e

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Key Business Challenges
Due to increasing demands for visibility,
customer interaction, and regulatory
compliance, a reliable and agile tech
solution was needed.
The solution must cater to evolving
customer demands and compliance
standards while streamlining account
management.
The bank was visibly bleeding in its MLP
1/2/n, which needed immediate
attention​.

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Desired Goals
A completely revamped, intuitive Onboarding
workflow was a clear need of the hour
Process Special Titles
Navigate the users through an informative and
interactive pathway
Process the documents to auto-generate
certificates
Establishing an actively updating link between
the interactive tool and core banking system
An immediate fix to prevent revenue
leakagefrom the MLP 1/2/n accounts

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Business Value
Accelerated Timeline: EvonSys delivered the
project within the proposed timeline of nine
months.
Operational Efficiency: The SBAO solution provides
transactional transparency, seamless customer
engagement, and removes duplication by ensuring
current data accessible across all branches.
Rich Customer Experience: The solution addressed
customer pain points and reduced unnecessary
trips to the bank branch.
Revenue Generation: The bank's revenue earnings
were quickly revived and improved by EvonSys,
who swiftly defined and delivered the items
related to MLP 1/2/n.

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Case Study
For a complete Case Study, please check
https://www.evonsys.com/case-
studies/streamline-banking-operations-for-
special-titles-account-opening

8. Wilmington, DE USA | www.evonsys.com | info@evonsys.com | est. 2005