Aspect Advisory

Reducing Cost Inefficiencies in Transactional Products and Services (TPS) Division - Outward Telematic Transfers (OTT) in Uganda

Overview

Aspect Advisory collaborated with the Transactional Products and Services (TPS) division of a leading banking group to execute a Proof of Concept (PoC) initiative aimed at reducing cost inefficiencies associated with Outward Telematic Transfers (OTT) within Uganda. 

Solution

Identified areas of cost waste and optimized the product life-cycle to deliver cost-effective services to customers i.e Quantification of Costs, Strategic Recommendations, Cost Optimization Roll-out Plan.

Result

Loan-level profitability pricing 

Themes

  • Cost efficiency and Process Optimisation 

Skillset

  • Financial analysis, Process optimization, Data-driven decision-making

Business Area

  • Transactional Products and Services

Banking

  • International Transfers/Cross-border Payments