Our banking support services combine extensive domain experience, business process services and technology
to help banks operate at maximum efficiency, remain competitive and enrich the customer experience.
We support over 600 banking processes.
We help Banks achieve:
35% cost saving
20% turn time improvement
98% quality delivered consistently
Powered by over 15 years of industry experience, our Banking transformation solutions are trusted by several large and mid-size banks including 5 of the top 25 U.S. Banks.
Our professionals annually support: 480M lockbox entries, Day 1 & day 2 processing of 48M check items, over 1.5M card disputes processing, detection of $7M in card deposit fraud and prevention of $2M in mortgage fraud.
Business Impact Delivered
Driving to six sigma (99.9986%) accuracy levels in lockbox processing
- Improved quality levels in lockbox processing
- From 4.7 to 5.74 sigma at SLK (99.9986%) in Retail lockbox
- From 4.0 to 5.62 Sigma at SLK (99.9979%) in Wholesale lockbox
- Met guaranteed turn time (15 min to 2 hours)
- Bank’s fixed costs converted to variable costs; daily & seasonal volume fluctuations handled
30% reduction in staffing and 99.5% accuracy achieved in financial statement spreading
- Operational cost reduced in Financial Statement Spreading
- 30% reduction in staff compared to client’s team
- Assured quality and turn around time
- SLK offered an SLA of 1 spread per hour
- Quality maintained at above 99.5% consistently
- Prioritized turn time for new loans < 12 hours
It has been a pleasure to work with SLK. Would definitely recommend them … to help save money and to allow your current workforce to focus on more value added functions.
Vice President, Commercial Operations, Top 20 Commercial Bank
Well within the targeted measure. This is very strong for this time of year and I think that it is largely due to your team tracking ahead of the onshore spreading team. Thank you and let’s keep up the good work.
VP, Central Credit Utility Manager, Regional U.S Bank
I wanted to reiterate my appreciation for your team. Great example of SLK’s commitment to go above and beyond to ensure volumes are processed timely and to a high level of quality.