Plug-and-play with multiple types of customer bank data, from PDF bank statements to open banking
Recognise income and expenses in a standardised and consistent format
Unique library of data models and templates to recognise anomalies
Elevate your Affordability Assessments with Sikoia's Affordability Insights. As the financial landscape evolves, digitisation and automation become indispensable. Our platform leverages Open Banking and processes Bank Statement data to provide automated, sophisticated analyses. Benefit from quicker, more accurate assessments, superior client service, and streamlined operations.
Improve financial analysis and affordability checks with our integrated transaction categorisation engine, enabling more streamlined and accurate affordability assessments.
Enhance customer experience with minimal data input and intelligent automation for accuracy, Consumer Duty support, trust, and satisfaction.
Enhance risk controls by standardising and automating processes at scale. Shift from spot checks to a risk-based approach, improve efficiency, and leverage our integrated audit capabilities to track compliance.
Reduce manual reviews of customer application documents by brokers and underwriters by 75%, boosting efficiency and customer service.
Streamline your verification process by accepting applications without necessarily requiring Open Banking connections, improving customer inclusivity and accessibility.
Combat fraud by quickly cross-validating data to identify, investigate, and address any inconsistencies.
Boost your bottom line with efficient automation of customer bank data categorisation to automatically run affordability insights and flag common risk factors, uncover cross-selling chances, and supercharge efficiency.
Extraction success rate of 98%
75% cut in manual reviews of customer documents
£ savings depending on your current processes
See the benefits for your own business – simply enter your estimates into the calculator to see the impact Sikoia can have.
Sikoia’s Affordability Insights combines configurable categorisation and analysis with universal bank transaction ingestion, using multiple types of data provided by your customers. Effortlessly extract vital data to support comprehensive analysis, streamlining complex tasks such as loan assessments, affordability checks, cross-validations, and more. Sikoia lets you digitise and automate complex financial workflows.
Want to dive deeper into our Solution? Our Product Sheet is your go-to resource for a comprehensive breakdown of what we offer. From the cutting-edge processes to the actionable insights generated.
Sikoia Ltd is authorized and regulated by the Financial Conduct Authority (FCA) as an Account Information Service Provider (AISP) under the Payment Services Regulations 2017 (FRN: 942979) and as a credit reference provider (FRN: 942616). Sikoia Ltd is a credit broker and not a lender. Credit is subject to status.
