TOPIC

Banking - Finance & Insurance

YOUR STRATEGIST AND CONSULTANT

Smarter Processes. Stronger Compliance. Scalable Innovation

BP3 helps banks, insurers, and financial institutions streamline operations, boost customer experience, and meet ever-changing regulatory demands with intelligent automation and AI.

From legacy system modernization to real-time document processing and secure customer onboarding, we don’t just implement technology, we solve for speed, accuracy, and risk reduction. With BP3’s consulting-led approach and deep industry experience, financial organizations reduce manual work, enhance fraud detection, and improve decision-making across the board.

Whether you're optimizing a claims process or digitizing compliance workflows, we’ll help you do it faster, smarter, and more securely, with full visibility from day one.

INTERGRATIONS
Partner With The Best: Software Solutions
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Consulting & Artificial Intelligence(AI)

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Intelligent Document Processing (IDP)

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Intelligent Process Automation (IPA)

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Enterprise User Experience (UX)

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Low Code Development & Application Modernization

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Robotic Process Automation (RPA)

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Workflow Migration Success For A Global Bank

Discover how a global bank saved over $1M through successful Workload Automation Workflow Migration. Dive into the journey of innovation and process optimization in the banking industry.

BP3 Global Inc.

AI-Powered Efficiency in Insurance

AI-powered efficiency in insurance with 650+ automation technologies for streamlined customer service and operational agility.

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Revolutionizing REIT Compliance

Revolutionizing REIT compliance: Intelligent Automation streamlined the compliance testing process, saving time with enhancing accuracy and reporting.

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What Our Customers Are Saying

  • "At EY things move slowly and are costly because of the many silos we have to deal with internally, but I appreciate what BP3 does because it helps us tremendously!"

    BUSINESS PRODUCT MANAGER, EY

  • "I have been working with BP3 for almost two years now and it has been and continues to be a partnership for developing IT solutions that actually work for the business. The team is so engaged and energized. I really feel BP3 provides developers that are easy to work with, dedicated to providing a quality product, can communicate and translate needs of the business into a workable IT framework plus they understand the core of BPM technology to discuss what it can and can’t do. They have been able to walk that line to deliver what is needed, not necessarily what was requested and I feel we have a better tool because of their contributions."

    ELI LILLY AND COMPANY

  • "My team really loves the new system and they are excited for the enhancements coming in the next release. I think you all are doing an amazing job and I appreciate all the support you have provided."

    NAVY FEDERAL CREDIT UNION

  • "What's going on here?  Things are going TOO WELL!"

    ELI LILLY AND COMPANY

  • "I really didn't expect to see this much this soon, I just thought it would be so far off in the future, so I'm pretty blown away."

    NAVY FEDERAL CREDIT UNION USER

  • “I rarely give out complements. This has exceeded all our expectations. Really great work.”

    CIO, SILICON LABS

  • "TTI now has 10 bots in production that have already saved the company about $600,000, eliminated many mundane processes, and eliminated the need to hire about 18 employees."

  • "Your attention to detail, solutions-oriented thinking, and patience in educating our team did not go unnoticed. We were impressed. We look forward to a potential opportunity to work together in the future."

  • “What’s great about BP3 is that we give you a string, and you figure out how to make a rope. <other vendors> need us to give them the rope and make a knot for them, then they complain that they don’t get enough of our time…”

  • "Our business partners in Lending did not have a high level of confidence resulting from the first BPA PFM application.  However, this time around, the difference is night and day, and there have been kudos sent over to us by management in Lending regarding the communication, leadership and attention to detail this BPA team provides."

  • "We definitely recognize and appreciate the amazing support from the team and am glad to have quality partners aiding us in this journey.”

  • "We had a few odds stacked against us and other challenges till the end. But we were able to overcome all this with some sheer grit and quick planning. I always appreciated the high level of confidence coming from Jay and Rahul throughout and that mindset is a very big plus in today's environment. I think you guys pulled a rabbit out of the hat. Interfacing with the Business stakeholders and winning their confidence was a very bug plus."

  • “You guys have really opened some eyes here and I’m hopeful that will be the catalyst we need to get everyone pointed in the right direction.”

Frequently Asked Questions

Banking, Finance & Insurance

What is intelligent automation in banking, finance, and insurance?
Intelligent automation combines Robotic Process Automation (RPA), AI, and decision logic to automate repetitive financial tasks, such as claims processing, loan approvals, and KYC verification, while ensuring regulatory compliance.
How does BP3 help financial firms use AI to improve process performance?
We integrate AI directly into high-value workflows, like fraud detection or credit scoring, enabling smarter, faster decisions that align with operational KPIs and compliance mandates.
What’s the difference between RPA and IPA in financial services?

RPA automates structured, rule-based tasks. Intelligent Process Automation (IPA) goes further, handling unstructured data, incorporating AI, and adapting to exceptions. BP3 delivers both, depending on your complexity level.

How does BP3 build a custom AI or automation strategy for financial firms?

We begin with your objectives, whether it's operational cost reduction, faster underwriting, or audit readiness, then map the right technology mix across IDP, IPA, UX, and AI.

Is AI suitable for financial services without dedicated data science teams?

Absolutely. We deploy pre-trained models and low-code AI solutions that require minimal internal expertise, perfect for banks and insurers modernizing legacy systems.

How can consulting services help overcome regulatory and tech debt challenges?
BP3 provides transformation roadmaps that navigate legacy environments, align with industry compliance frameworks, and support change enablement from day one.
What banking and insurance functions benefit most from automation?
Functions like customer onboarding, claims validation, policy administration, loan servicing, and risk analysis are prime candidates.
What’s the ROI of AI in financial services?
Financial institutions often see ROI through faster approvals, fewer manual errors, better fraud detection, and improved customer satisfaction, many within the first 6–9 months.
How do you ensure ethical AI in regulated environments?
BP3 follows responsible AI practices, ensuring explainability, audit trails, and bias testing are built into all financial models.
What tools does BP3 use to power automation in banking and insurance?
We work with platforms like Appian, Pega, IBM Cloud Pak, Microsoft Power Platform, and UiPath, tailored to regulated industries.
Can you integrate AI into existing systems like CRMs, ERPs, or underwriting tools?
Yes. We specialize in seamless integrations using APIs, RPA, and connectors, avoiding the need for costly rip-and-replace strategies.
How does Intelligent Document Processing (IDP) work in this sector?
IDP extracts and classifies data from forms, IDs, bank statements, and contracts, reducing manual errors and speeding up onboarding, underwriting, and compliance tasks.
What’s the difference between IPA and traditional workflow tools in finance?
IPA leverages AI to manage exceptions, learn from patterns, and trigger actions automatically, ideal for high-volume, high-variability processes like claims or loan approvals.
How does BP3 support low-code adoption in financial institutions?
We deploy low-code solutions to modernize internal apps, digitize legacy workflows, and empower citizen developers, without compromising IT controls or security.
Can automation tools handle regulatory reporting requirements?
Yes. Our solutions generate standardized, auditable outputs for compliance frameworks like SOX, GDPR, and PCI DSS.
How does enterprise UX factor into digital transformation?
BP3 reimagines banking and insurance portals with modern UI/UX, increasing user adoption, streamlining workflows, and reducing training time.
What’s the role of cloud platforms in BP3 deployments?

Cloud infrastructure enables scalable, secure environments for AI, RPA, and IDP, critical for handling sensitive financial data at volume.

Can BP3 help us scale automation across departments?

Yes, we design centralized automation COEs (Centers of Excellence) to help standardize and scale across operations, compliance, and customer support.

Is ML Ops relevant to the finance sector?
Definitely. BP3 applies ML Ops practices to ensure AI models remain accurate, compliant, and auditable throughout their lifecycle.
How does BP3 support customer onboarding in banking?
We streamline ID checks, document verification, and account setup using IDP, RPA, and low-code workflows, reducing onboarding times from days to minutes.
Can AI detect financial fraud in real-time?
Yes. BP3 delivers AI-driven anomaly detection and risk scoring models to flag suspicious transactions as they occur.
How do insurers use automation to handle claims faster?

IDP and IPA extract policy data, validate submissions, and trigger workflows, reducing claims cycle times and improving CX.

What about loan processing and underwriting?
We build end-to-end automation pipelines, from credit checks to approval workflows, using AI for predictive scoring and RPA for data entry.
Can these tools improve call center or back-office productivity?
Absolutely. RPA handles repetitive tasks while UX redesign streamlines access to customer records, reducing handle time.
How does automation help with compliance readiness?
Automation enforces consistent documentation, logs every action, and enables real-time dashboards for audit support.
What’s the benefit of modernizing legacy insurance systems?
Modernization unlocks faster deployment cycles, better data visibility, and smoother integration with customer-facing apps.
Can we automate repetitive financial reporting tasks?
Yes. We use RPA and IPA to generate, validate, and distribute monthly, quarterly, and annual reports with minimal manual effort.
Do you support ESG or sustainability reporting automation?
We help track environmental metrics, automate data capture, and standardize reports for ESG compliance and audits.
What other use cases has BP3 delivered for this industry?
Use cases include e-signature orchestration, premium calculation automation, portfolio performance dashboards, and policy renewals.
How does automation affect team productivity?
By eliminating time spent on repetitive, manual tasks, teams can focus on high-value work like advisory services, relationship building, and complex analysis.
Can automation reduce operational costs in finance?
Yes, especially in claims, account servicing, and back-office processing, where automation significantly lowers per-transaction costs.
How does automation improve customer satisfaction?
Customers experience faster resolutions, fewer errors, and self-service options—all powered by behind-the-scenes automation.
What’s the impact on risk management?
AI models proactively flag inconsistencies, automate audit trails, and improve real-time monitoring to reduce operational and compliance risk.
Does automation improve fraud prevention?
Yes. AI-based fraud detection monitors behavioral patterns, transaction anomalies, and digital identity mismatches in real time.
How does automation impact scalability for banks and insurers?
With standardized, automated processes, firms can scale services and customer bases without proportionally increasing headcount.
Can automation reduce error rates in financial processes?
Significantly. Rule-based logic and data validation minimize human error across data entry, reconciliation, and documentation.
What’s the business value of UX redesign in finance?
Enhanced UX boosts agent efficiency, reduces customer churn, and improves digital engagement across channels.
What should we prioritize first in a banking automation project?
Start with high-volume, low-complexity processes like onboarding, claims, or reconciliation. BP3 helps identify quick wins to build internal momentum.
How do we know if we’re ready for automation?
If you’re dealing with high manual workloads, legacy inefficiencies, or regulatory pressure, it’s time. BP3 runs readiness assessments to confirm.
Do we need to modernize systems before automating?
Not always. BP3 integrates automation on top of existing platforms using connectors, RPA, and UX overlays.
How long does it take to see value?
Many BP3 clients see measurable improvements, like reduced cycle times or cost savings, within 3–6 months of deployment.
How do we build a business case for automation?
We help define ROI based on FTE reduction, process acceleration, error reduction, and customer satisfaction metrics.
Who needs to be involved internally?
A cross-functional team; IT, operations, compliance, and business owners, is ideal. BP3 facilitates alignment across stakeholders.
Do we need a Center of Excellence (CoE) to scale automation?
It’s highly recommended. BP3 can help you build or enhance a CoE to manage governance, standards, and scale.
What risks should we be aware of?
Common risks include poor change management and scope creep. BP3’s structured delivery approach mitigates these from the start.
What’s the first step to working with BP3?
Book a discovery session. We’ll align on goals, assess current-state processes, and design your automation roadmap.

Start Your Journey with BP3

Engage with BP3 today and embark on a journey to unlock the potential of your business processes. Through intelligent Automation and strategic consulting, we'll help you navigate the path to a smarter, more efficient enterprise.