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Appcino April 20, 2020

90% Reduction in Screening against Sanctions Bill

Global Insurance Claims Provider - Sanctions & Adverse Media - Compliance

Key Success Reason

Appcino’s investment on ready to use Insurance Suite with a dedicated Customer Success Manager using an offshore delivery model gave the customer a head start and provided the right scale, quality, and saved implementation cost.

Impact & Solution

  • Reduced screening delays and increased efficiency by 50%.
  • Reduced screening cost per payee by 90% and no dependency on external 3rd party solutions.
  • Easy to add new payee sources and a way to screen all the payee incrementally based on the new sanction updates.
  • Better compliance regulations and data privacy as all-important payee data resided in-house.
  • Delivered 100% offshore

 

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