90% KYC Automation for a Financial Services Company
Client: Mid-Size Financial Services Company
Automation Rate
Of KYC applications processed end-to-end without human intervention
Processing Time
Average time per KYC verification, down from 45 minutes
Accuracy
Verification accuracy with automated anomaly detection
The Challenge
The company's KYC verification process required analysts to manually check identity documents, address proofs, and PAN/Aadhaar details against multiple databases. With growing customer onboarding volumes, the manual process couldn't scale — causing delays and compliance risks.
Our Solution
AugWiz implemented a Document Intelligence + Knowledge Intelligence solution that automated document classification, data extraction, database cross-referencing, and compliance checking. The system processed documents in real-time, flagged anomalies, and routed edge cases to human analysts with pre-populated verification summaries.
Architecture
Document Upload → Classification Agent → Extraction Agent → Database Cross-Reference → Anomaly Detection → Compliance Check → Approval/Escalation → Audit Log