Global Insurance Claims Provider - Sanctions & Adverse Media - Compliance
Key Success ReasonAppcino’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