Industry
BFSI
Challenges
Mostly manual processes for MIS reporting and invoice validation, Data accessibility, Settlement, vehicle violations and blacklisting need manual intervention
Solution
Cloud-based data lake, in-depth reporting & analytics insight, AI/ML based vehicle detection & classification system.
Challenge
The bank is facing the following challenges in its toll payments (FASTag) business:
- Mostly manual processes for MIS reporting and invoice validation
- Data accessibility for decision support is absent or rudimentary
- Settlement, vehicle violations and blacklisting need manual intervention
Solution
- Cloud-based data lake which can aid data accessibility
- In-depth reporting & analytical insights into collection, claims and violation
- AI/ML based state-of-the-art vehicle detection & classification system
Business value delivered
- Increased profitability
- Reduced Revenue loss
- Improved Operational Efficiency & Productivity
Technology deployed
- EMR
- Sagemaker
- S3
- Kafka
- EKS
- EC2
- Cloudfront