Project Description

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Bank of India

Bank of India Achieves Operational Insight Through Improved Data Analysis

Bank of India recently launched a pilot project to shift from conducting lengthy manual field testing to
performing data analysis from one central location. The company’s traditional, branch-based audits
required data sampling and time-consuming transaction reviews. In addition, individual branches would
often go 12-18 months without detailed attention from the Internal Audit department. With ACL
software, auditors can quickly access and analyze complete branch data populations before the audit
even begins—promoting greater productivity and independence from IT intervention.

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