The
client is a leading Swiss Wealth Management firm
focused on providing financial advice, high end
services and expertise to private clients.
The client had reached out to us for assistance in the
operational activities of portfolio management,
revenue verification and reconciliation.

• Identified process gaps and mitigated them by
  introducing further checks and balances
• Identified revenue leakage of INR 30 million and
  recovered the same

Our client is operating in India since 1964, has a well-established
track record in the local financial markets.
Incorporated in the US, the bank offers a
comprehensive suite of financial products including
lending, working capital, treasury and trade services,
foreign exchange, and interest rates to leading Indian
corporates, financial institutions, multinationals, and
foreign government entities.

Our client wanted to seek professional assistance in
handling Account Payable (AP) process and stay
compliant with the GST – Input Tax Credit (ITC)
regulations defined by the revenue authorities.

• Reduction in error rate and achieved accuracy level
  of 99.7%
• Input credit that was not claimed earlier; is now
  availed by the client contributing additional
  cash flow
• Operational weaknesses were identified and
  strengthened by plugging the gaps
• Automation of processes resulted in increased
  efficiency and effectiveness