Straight-through processing (STP) of claims in the insurance industry refers to the seamless, end-to-end automation of the claims management process, with minimal or no manual intervention. It involves using advanced...
Read More
The concept of a Chief Product Officer (CPO) is well-established in various sectors, particularly in technology-driven industries. However, as financial services companies continue to embrace digital transformation, the question arises:...
Read More
Target Operating Model – Overview In today's rapidly changing financial landscape, companies are constantly pressured to adapt and evolve to meet the growing demands of customers, regulators, and shareholders. One...
Read More
The insurance industry is rapidly transforming, driven by evolving customer expectations, digital advancements, and increased competition from insurtech startups. As a result, insurers need to think broadly about expanding their...
Read More
With the increasing complexity of insurance underwriting and policy issuance processes, coupled with growing customer expectations for a seamless experience, insurers face the challenge of improving both efficiency and accuracy...
Read More
Introduction: The insurance landscape is changing rapidly with the rise of Insurtechs and digital native tech giants entering the market. To stay competitive, traditional insurance companies must adopt a new...
Read More
Insurers must transform their claims process from the First Notice of Loss (FNOL) to create a seamless, efficient, and customer-centric experience. Let us look at the current state of claims...
Read More
The financial services industry is undergoing a rapid digital transformation fueled by the adoption of cloud computing technologies. As a result, financial Industry Cloud offerings have emerged as powerful enablers...
Read More
The Fundamental Review of the Trading Book (FRTB) is a set of regulations introduced by the Basel Committee on Banking Supervision (BCBS) to overhaul banks' trading book capital requirements. FRTB...
Read More
As financial institutions expand their digital footprint, they face increasing risks from cyber criminals seeking to exploit vulnerabilities and steal valuable customer information. In this whitepaper, we discuss the cybersecurity...
Read More