Top U.S. bank streamlines QFC processing for compliance.
Strategic Initiative
After acquiring several institutions, one of the country’s largest banks was suddenly responsible for tens of thousands of legacy legal agreements. Many of them were Qualified Financial Contracts (QFCs), subject to strict federal reporting deadlines. Manual review wasn’t scalable. The bank needed a fast, repeatable way to identify, extract, and report critical data—without compromising legal integrity or compliance.
Solution Plan
ImageSource deployed ILINX to capture, classify, and extract metadata from QFCs at scale. Using automation, agreement types, involved parties, and contract terms were identified and exported into compliance systems. ILINX also enabled day-forward automation—giving legal and compliance teams long-term oversight and agility.
Investment Return
The bank avoided costly penalties and eliminated manual backlog with one solution. QFC processing that once took weeks was completed in days. ILINX gave teams confidence in their compliance reporting, while building a foundation for future acquisitions and audits.