Cash Flow Optimization in ATM Network System
Customer
International Bank
Industry
Financial services
Scale
≥500 ATMs ≥1000 employees
The organization aimed to reduce operating costs associated with provisioning cash machines.
Our ML model used the actual daily data of ATM cash withdrawals for further data analysis:
- data evaluation; setting the requirements and success criteria; data loading, depersonalization, and data enrichment; experiment procedure agreements.
- segmenting the research objects; training, testing, and evaluating the quality of the model.
- automated data loading or model deployment in the customer’s environments; regular quality control by A/B testing.
- technical support of the model and optimization of new data entry.
The implementation resulted in automated cash demand forecasting with an accuracy level over 96%. It achieved significant operational cost reductions, including:
- Lowering the allocation of funds by up to 30%.
- Reducing cashback by up to 40%.
- Minimizing out-of-cash downtime to as low as 0.2%.