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Butterfly
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A facility in the Banking and Finance sector
Industries · Banking and Finance

In Banking and Finance, Trust Is
Rebuilt With
Every Transaction.

A missing signature on a payment instruction, a wrong account match or an overlooked compliance check can have serious consequences in financial operations. Butterfly brings payment, transaction, compliance and approval processes together in a single orchestration layer that runs on the institution’s own infrastructure. By recording every step with authorization and an audit trail, it strengthens control over financial operations.

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Organizations that trust Butterfly
VodafoneFloReebokNine WestMetro IstanbulDoğuş MediaTypekuvazNTVDiscoveryTLCKoleksiyonLumberjackGQVogueDeva Holding CompaniesKoray KimyaPuhu TVDMAX

Every control is part of financial trust.

In banking and finance operations, which controls a transaction passed through and who approved it matter as much as completing it. Butterfly connects the different steps, from payment instructions to customer checks and from transaction corrections to management approvals, to deliver a secure and traceable operation.

A payment order passes
through five gates
before it reaches the bank.

Butterfly applies the rule at every gate. A file with a missing signature stops halfway to the bank.

Instruction preparedFrom payroll and ERP data
Compliance screeningSanctions list check
1st e-signatureFinance Manager
2nd e-signatureDeputy General Manager
Sent to the bankSigned file, recorded transmission
2nd signature missing · stopped
A dual-signed file reaches the bankA file with a missing signature stops at gate 4

Keep payment instructions from reaching the bank unsigned.

Payment files are approved through legacy signing applications. There is a risk that an unsigned file is sent to the bank, and the records supporting the payment may be kept in different places.

With Butterfly The payment file is split in two. Signatories see only the cover file with the total amount; the detail file stays confidential. The payment file is not sent to the bank until dual e-signature is complete. The basis for each order is also attached to internal records.

Unsigned transmission is blocked; the basis for each payment instruction and its approval history are kept on record.

Dual e-signature complete → sent to the bank

The instruction doesn’t go to the bank until dual e-signature approval is complete. Sample data.

Run compliance checks at the moment of the transaction.

Sanctions lists are checked manually for every customer transaction. This creates an operational burden and can delay the check.

With Butterfly Current sanctions lists are pulled automatically and matched in the background during customer queries. Possible matches appear as warnings on the transaction screen.

The need for manual queries drops, and the compliance check becomes part of the transaction flow.

Possible match → transaction on hold

Every transaction is screened against the sanctions list in real time; a possible match goes to review with its reason. Sample data.

Make every transaction change recorded and justified.

The history of transaction corrections and cancellations can’t be tracked well enough. Matching accounts by name creates the risk of sending a transaction to the wrong account.

The flow with Butterfly

  1. Corrections and cancellations are recorded per user; a reason is mandatory for cancellations.
  2. Accounts are matched by ID/tax number and IBAN instead of by name.
  3. Who made each change, and why, is tracked; the risk of matching the wrong account is reduced.

Manage payment approvals in a single flow.

Payment requests circulate by email between business units, finance and senior management. Tracking pending payments and overdue payables gets harder.

The flow with Butterfly

  1. Payment requests go through unit approval, a finance check and, when needed, senior management approval based on amount thresholds.
  2. Reasons are recorded for rejections and revisions; pending payments and aging are tracked on a management dashboard.
  3. Approval processes become measurable; pending payments and decision points become visible.

Manage customer requests securely and intelligently.

Support requests and claim forms arrive through different channels. Duplicate records, the classification workload and form security can cause problems.

The flow with Butterfly

  1. AI-assisted request classification and duplicate record detection are applied.
  2. Digital forms sent via mobile and SMS are secured with verification steps.
  3. Requests are routed to the right processes, duplicate records decrease and the first-level support load gets lighter.

Processes managed end to end

Butterfly
Bank payment instructions, dual e-signature and secure transmission to the bank
Foreign exchange and precious metals transaction operations
Customer account cards, transaction corrections and cancellation management
Sanctions list screening and compliance checks
Threshold-based payment approvals and finance management dashboards
Tax refund file process tracking
AI-assisted meeting notes, request classification and routing
Butterfly orchestration layer
Bank payment instructions, dual e-signature and secure transmission to the bank
Foreign exchange and precious metals transaction operations
Customer account cards, transaction corrections and cancellation management
Sanctions list screening and compliance checks
Threshold-based payment approvals and finance management dashboards
Tax refund file process tracking
AI-assisted meeting notes, request classification and routing

Regulatory and corporate requirements

  • MASAK
  • System and data residency requirements under BDDK regulations and the Banking Law
  • KVKK
  • E-signature with a qualified electronic certificate
  • Prices shown with or without BSMV
Use case · Banking and Finance12,287payment lines went through a dual e-⁠signature flow

The finance and human resources operations of a commercial vehicle manufacturer with about 5,000 employees. The problems, the solution with Butterfly and the measured result.

Read the use case →
From the field, measuredThe customer’s name is withheld for confidentiality.
Live deployment6,000 employees

Salary payment instructions pass a dual e-signature check before being sent to the bank. The application is in live use.

Frequently asked

Quick answers about Banking and Finance.

The most frequently asked questions about Butterfly in banking and finance processes.

Does data leave the organization with Butterfly?
Butterfly can be installed on the institution’s own infrastructure or in a private cloud dedicated to the institution. AI components can also be configured to run with local models. This makes it possible to build an architecture in which data and systems stay under the institution’s control.
Can an unsigned payment file be blocked from going to the bank?
Yes. Sending the payment file to the bank is tied to completion of the dual e-signature step. The transmission process does not start until the signatures are complete.
Is Butterfly in live use at a bank?
There are live applications used in banking and finance operations. For example, salary payment instructions for 6,000 employees are sent to the bank with a dual e-signature check.

The same orchestration
creates value in every industry.

Explore how Butterfly creates value across industries.

Explore All Industries

Works by the rules of your industry.

Manufacturing and Industry

Asset, maintenance, procurement and approval processes on one platform.

Retail and E-Commerce

Multi-brand e-commerce, order and product information flows.

Pharmaceuticals and Regulated Manufacturing

Quality, document and contract processes, ready for audit at any time.

Media and Publishing

High-traffic content and video publishing, channel revenue reporting.

Transportation and Logistics

Self-service reporting and field inspection from multi-source operational data.

Telecom

Infrastructure ready to scale for channel, content and operational processes.

View all industries +5

Let’s decide where to start, together.

In a discovery call, let’s talk about your existing systems and your priority process, and define the right starting area for you together.

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