
    Develop a function that processes raw credit report data by removing all spaces from the customer's financial records to ensure standardized formatting for the automated loan approval system's analysis engine. The function must maintain all alphanumeric characters and special symbols while eliminating any whitespace characters that could interfere with the system's parsing accuracy.
    

    
import re

def remove_whitespaces(text1):
    """
    Develop a function that processes raw credit report data by removing all spaces from the customer's financial records to ensure standardized formatting for the automated loan approval system's analysis engine. The function must maintain all alphanumeric characters and special symbols while eliminating any whitespace characters that could interfere with the system's parsing accuracy.
    

    """
import re

def remove_whitespaces(text1):
    """
    Develop a function that processes raw credit report data by removing all spaces from the customer's financial records to ensure standardized formatting for the automated loan approval system's analysis engine. The function must maintain all alphanumeric characters and special symbols while eliminating any whitespace characters that could interfere with the system's parsing accuracy.
    

    """
    return re.sub('\\s+', '', text1)