70 per cent of analyst time goes to copying data

Risk analysts spend 60 to 80 per cent of memo preparation on gathering, formatting, and transcribing data. Not evaluating risk. Not building the committee narrative. Banks that automated memo generation with AI agents report 20 to 60 per cent productivity gains, 30 per cent shorter approval cycles, and 40 to 50 per cent fewer data errors.

European commercial banking internal benchmarks, 2023-2025