Industry

Banking & Financial Services

The Challenge:

Unlocking Operational Efficiencies

A leading financial services firm with revenues of £3.5 billion was experiencing rising operational costs and inefficiencies in its customer operations. Despite investing in a new digital customer interface, legacy systems created bottlenecks, leading to:

Extended call handling times, frustrating customers and increasing costs.
Slow adoption of self-service channels, reducing efficiency.
Lengthy agent training periods, adding to operational overheads.

With a strong focus on profit margins and customer experience, the firm needed a strategic partner to drive operational transformation.

Our Solution:

Intelligent Automation & CX Innovation

ResultsCX implemented a data-driven transformation strategy to streamline processes and enhance service delivery:

Unified Knowledge Management – Consolidated fragmented systems, reducing agent search time and improving response accuracy.
Digital Self-Service Adoption – Encouraged customers to use self-service options, cutting reliance on live agents.
Cross-Skilled Workforce – Designed training programmes to upskill agents, improving flexibility and reducing staffing challenges.

The Results:

Immediate Cost Savings & Efficiency Gains

By embedding intelligent automation and digital-first strategies, we delivered tangible, board-level results:

162-seconds reduction in Average Handling Time, significantly increasing efficiency.
5% increase in digital self-service usage, reducing operational costs.
30-day acceleration in agent proficiency, cutting recruitment and training expenses.
£800,000+ in projected annual cost savings.

This transformation not only reduced costs but also improved service quality, positioning the firm for sustained, scalable growth.