Use Cases

Financial Services

Stellar client experience without the administrative drag.

You want to give your clients a stellar customer experience – but administrative processes can get in the way of doing that. This is especially true when you’re burdened with document-heavy processes common in banking and wealth management.

Hyperscience’s Machine Learning automates away many of the manual tasks in your workflow while pulling in human intervention when required.

Banking
& Lending

Getting a clear picture of a new customer is critical when deciding whether or not to take them on – and the first step in making that decision is document processing.

Hyperscience can automate:

  • Account opening applications
  • Know Your Customer (KYC) process
  • Anti-Money Laundering (AML) verification

Hyperscience can automate:

  • Account maintenance request forms, e.g. forbearance requests
  • Structured IRS forms or bank statements
  • Forwarding data to the loan operating system, loan officer, system of record or any other key stakeholders
  • Processing initial document packages
  • Assigning work to your employees in the review process

Hyperscience can automate: 

  • Processing of loan document packages
  • Forwarding data to the loan operating system, loan officer, system of record or any other key stakeholders, via connectors and our API

Hyperscience can automate:

  • Classification of incoming mailroom documents
  • Extracting machine-readable data from a variety of document types

Wealth
Management

Hyperscience can automate:

  • New account opening applications
  • Transfer of account forms
  • Forwarding data to the system of record or any other key stakeholders

Hyperscience can automate:

  • Management of ad-hoc client requests
  • Money movement documents
  • Account maintenance forms and more, for requests like a beneficiary update or address change

Hyperscience can automate:

  • Classification of incoming mailroom documents
  • Extracting machine-readable data from a variety of document types

Retirement

Hyperscience can automate:

  • Account opening applications for annuities and individual retirement accounts
  • Forwarding data to systems of record or any other key stakeholders
"In our industry, companies grow by acquisition... So you never really know what legacy form you will encounter from 3-4 companies back. That's why we are really excited Hyperscience developed a solution, so that we can extract the data we need regardless of whether we've seen the form before."
- Data Center Executive, Fortune 500 financial services company
Our goal is to automate every process in the organization. Request a demo with one of our experts to discover how we can help your business.