Mutual Fund Reject Tracking Process

Mutual Fund Reject Tracking Process

Use Case Description

Process Description: In today’s world, investments in Mutual Funds are increasing by leaps and bounds, given their propensity to yield high returns. With the increase in the number of investors, transactions in mutual fund companies are increasing. As a result, there is a need to keep the track of the records of investor’s data. This are done by Registrar and Transfer Agents (RTAs) sites on behalf of the mutual fund companies.
Since these RTA Sites contains huge amount of data, it becomes difficult for a person to download individual reports from RTA sites for each Asset Management Companies (AMC) and then perform some sorting in order to get latest updates on existing order no. or find a status of new order no. This is where RPA has helped to get order status of order no’s. reducing time and effort spent by a person to download the reports and maintain tracker of order no. status.

Current Issues: Currently it is time consuming process to download reports for 15 Asset Management Companies from 2 Registrar and Transfer Agents sites/mail and then check the status either rejected or confirmed based on sorting/filtering for each order no.

RPA Solution: The entire manual process was done with the help of RPA, they were able to reduce the time spent on downloading reports and maintaining the order status which was a repetitive task. The users were then able to utilize the same time and efforts for other process.


Mutual Fund Transaction Reject Tracking UIPath Use case Document.docx

Other information about the use case

Industry categories for this use case: BFSI, Operations

Skill level required: Intermediate

UiPath Products that were used: UiPath Studio, UiPath Orchestrator

Other applications that were used: Excel, Outlook

Other resources: -

What is the top ROI driver for this use case?: Increase employee engagement

Input sources and prerequisites are required to build this solution