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Cost of Manual Work — Banking and Capital Markets

See what repetitive manual work is costing Banking and Capital Markets teams each year — where the core banking system is a 30-year-old COBOL platform — every new product requires a six-quarter project, and the vendor's modernization roadmap keeps slipping while pricing keeps climbing.

What this means for Banking and Capital Markets

  • The core banking system is a 30-year-old COBOL platform — every new product requires a six-quarter project, and the vendor's modernization roadmap keeps slipping while pricing keeps climbing.
  • KYC and AML onboarding takes 8-15 business days for commercial clients because operations is keying the same data into four systems and waiting on three queues of human review.
  • Trading desk technology is a Frankenstein of vendor platforms, internal Excel-VBA tools, and tactical Python scripts — every regulatory change forces a six-month remediation across all of them.

Where it pays to act

  • Document intelligence on commercial loan packages, ISDA agreements, KYC files, and trade confirmations — first-draft extraction with the analyst as reviewer, not data-entry clerk.
  • AML alert triage and case narrative drafting — LLM-assisted summarization of transaction patterns, counterparty data, and prior cases so investigators close more alerts per day.

Adjust the inputs to match your Banking and Capital Markets team.

4
12
6 min
₹500
10%
₹3 L

What manual work costs you

Annual cost

₹6.6 L

People-weeks / year

33

Recoverable via automation

₹4.62 L

Payback

7.8 mo

What this means

Banking and Capital Markets teams lose 33 people-weeks a year to this work — about ₹6.6 L. Automating the routine ~70% recovers ₹4.62 L a year.

Project inquiry

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Cost of manual work — summary

Annual cost of manual work₹6.6 L
People-weeks lost / year33
Recoverable via automation₹4.62 L
Estimated payback7.8 months

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