Our clients in the financial services industry provide a broad range of highly regulated products and must meet strict financial standards ensuring oversight and transparency of business practices. This requires strong process controls with fully auditable data logs and record keeping.
Back-office processes, perhaps typically, rely on the analysis and manipulation of data using spreadsheets and the physical validation and entry of multiple data points for customer and operational purposes.
Solutions delivered by L&W for Financial Services processes cover:
- Customer verification procedures
- Customer transaction data verification and system updates
- Reconciliation services
- Payment data validation and posting