Solution

Union Bank of India has collaborated with Accenture to design and develop a scalable and secure enterprise data lake platform to boost its operational efficiency. This will also enhance its ability to offer customer-centric banking services and manage risk. Accenture will work with the Bank to build new Al and machine learning models that can help generate actionable insights for improved business forecasting, facilitate personalized offers for customers and enable intelligence for fraud detection, prevention, and mitigation.