this is doc 1
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Lorem ipsum dolor sit amet consectetur adipiscing elit. Quisque faucibus ex sapien vitae pellentesque sem placerat. In id cursus mi pretium tellus duis convallis. Tempus leo eu aenean sed diam urna tempor. Pulvinar vivamus fringilla lacus nec metus bibendum egestas. Iaculis massa nisl malesuada lacinia integer nunc posuere. Ut hendrerit semper vel class aptent taciti sociosqu. Ad litora torquent per conubia nostra inceptos himenaeos.
Lorem ipsum dolor sit amet consectetur adipiscing elit. Quisque faucibus ex sapien vitae pellentesque sem placerat. In id cursus mi pretium tellus duis convallis. Tempus leo eu aenean sed diam urna tempor. Pulvinar vivamus fringilla lacus nec metus bibendum egestas. Iaculis massa nisl malesuada lacinia integer nunc posuere. Ut hendrerit semper vel class aptent taciti sociosqu. Ad litora torquent per conubia nostra inceptos himenaeos.
Lorem ipsum dolor sit amet consectetur adipiscing elit. Quisque faucibus ex sapien vitae pellentesque sem placerat. In id cursus mi pretium tellus duis convallis. Tempus leo eu aenean sed diam urna tempor. Pulvinar vivamus fringilla lacus nec metus bibendum egestas. Iaculis massa nisl malesuada lacinia integer nunc posuere. Ut hendrerit semper vel class aptent taciti sociosqu. Ad litora torquent per conubia nostra inceptos himenaeos.
flowchart TD
A[Start] --> B{Is it working?}
B -- Yes --> C[Great!]
B -- No --> D[Debug code]
D --> B
100% DIGITAL . < 1 DAY TAT . 100% COMPLIANCE
FLASH: #
FLASH is a method to SUBMIT ACCOUNT OPENING APPLICATION DIGITALLY.
- FLASH DIGITAL – fully e-sign, no uploads
- FLASH PHYSICAL – submit to Ops, requires PAN / Aadhaar
TRACKING METRICS: #
- FLASH ELIGIBILITY: 80% (RI Single) * 92% = 74% currently
- FLASH – DIGITAL ELIGIBILITY: 60% (for the FLASH ELIGIBLE)
- ADOPTION – Client initiated vs RM initiated
- Build dashboard to drive top-down
- TAT
- Client TAT
- Flow discovery – increase the ease of entering the flow
- Input fields – # of input fields required
- Pre-filled fields – % of fields that are pre-filled
- e-sign TAT
- Client TAT
- RELIABILITY
- Make the system bug free and reliable
- De-risk the vendor down time
- CLIENT DELIGHT – make the process delightful
DATA SO FAR: #
- # applications raised: 83
- # RI Single: 66 (~80% of all applications)
- # Client initiated flows: 20 (~30% of RI Single applications)
- Out of the 20 FLASH applications:
- Digital –> 10 (~50% digital)
- Physical –> 10
- Reasons for Physical:
- Field mis-match = 2 (~20% of Physical)
- KYC Status = 4 (~40% of Physical)
- ITD name mis-match = 4 (~40% of Physical)
- Out of the 10 Physical applications, 5 of them have pushed for a KRA Modification. This means all the 5 can go through the App e-sign flow.
- # of client initiated applications = 36 (36 – 20 = 16 in pending state)
- Personal details page = 10
- PAN Upload page = 1
- Signature Upload page = 1
- Fee Declaration page = 1
- E-Sign pending = 3
EXECUTION PLAN: #
We’ll split into 4 different workstreams and track / share progress.
- Engineering
- Product – internal
- Product – external
- Design
| Sprint | Theme | Description | Metric | Owner | Problem size |
| Week 1 & 2 | Lead changes | Auto-populate PAN on SwarmUserPAN <> LeadPAN | FLASH ELIGIBILITY | Engineering | + 5pp in Flash eligibility |
| Invest tab – deeplink | – | TAT | Engineering | – | |
| Client comms | Designing and cleaning of client comms across the journey | DELIGHT / TRUST | DesignProduct – internal | – | |
| Proposal to compliance | A proposal on reducing / pre-filling few fields for the client | TAT | Product – internal | # fields: 35 to 31# pre-filled fields: 15 to 23 | |
| P0 bug fixes | Fix the panic created due to back button clickMultiple KFin application submissionsTicket getting submitted before esignPDF to image converterKRA fetch refresh for esign flowRemove hard-check for KRA fetchBank details fetch issues | RELIABILTY | Engineering | – | |
| Bank Verification | Explore new APIs for verificationGet rid of cancelled cheque upload completely | RELIABILTY | EngineeringProduct – external | take bank verification to 100% | |
| ITD name vendor | Explore new services for accurate ITD name | FLASH DIGITAL ELIGIBILITY | Product – external | + 4pp in Flash digital eligibility | |
| KRA modification + Digilocker | Explore the vendorTest the flowsPrepare a proposal for ICICI | FLASH DIGITAL ELIGIBILITY | Product – external | + 26pp in Flash digital eligibility | |
| Revamp design | – | DELIGHT / TRUST | Design | ||
| Week 3 & 4 | P0 bug fixes | xx list | RELIABILTY | Engineering | – |
| Bank Verification audit | Clean bank verification audit trail on form | COMPLIANCE | Product – external | ||
| Selfie audit | Clean selfie audit trail on form | COMPLIANCE | Product – external | ||
| New flow proposal | New KRA modification flow proposal to ICICI | COMPLIANCE | Product – external | ||
| Proposal 1 implementation | Implement the alignement from Proposal sent to compliance | TAT | Engineering | # fields: 35 to 31# pre-filled fields: 15 to 23 | |
| KRA modification pilot | RM training and changes on FLASH screen | FLASH DIGITAL ELIGIBILITY | EngineeringProduct – internal | ||
| Auto-submit to Custody | Submit the form to custody without manual intervention | TAT | Engineering |
** all the product tasks will eventually become Design and then Engineering tasks. Impact will be realized post Engineering solution
REFERENCE: