Case Study
A GLOBAL CREDIT RATING AGENCY'S STRUCTURED FINANCE PROCESSING SERVICE OPTIMISATION
Services
Reduce the time it takes from the publication of the trustee reports to their sourcing and analysis
Industry
BSFI
The Challenge
Time lag:
Reduce the gap between the publication of the trustee reports and the time they were sourced. To shorten the time gap between finding and studying structured financial products and doing so early
Inefficiency in sustaining growth:
To constantly offer the highest-quality, impartial, independent ratings possible
Long turn-around-time:
To shorten the typical turnaround time of 5 days starting with the publication of the trustee reports
Manual processes:
To speed up the processing of unstructured reports and the manual sourcing of trustee reports
Workload fluctuations:
To lessen the delays brought on by extreme volume swings and ongoing client need changes
THE SOLUTION
Innovya carried out thorough analyses, discovered efficiency gaps, developed a technology-driven outsourcing model, and put into practice the following remedy, which included:
Intelligent crawler:
Automate information sourcing from the internet.
Intelligent iPM workflow:
To gather data, verify it, process it, and produce reports.
Customizable workflows:
To create a modular, scalable, and easily customizable automation platform.
Automation:
To codify automated reporting and smart validation into standardized templates.
Integration:
To effortlessly integrate with the infrastructure & apps already in place.
Team of qualified finance professionals:
To improve one’s capacity for and knowledge of various GAAP.
Conclusion
- Time spent sourcing and analyzing trustee reports has been cut in half, to 48 HOURS.
- 60% faster response time.
- 90% less paper was handled.
- Using MULTI-LINGUAL capabilities, created a one-stop shop for all client requirements across geographies.
- Higher accuracy and FASTER PROCESSING were attained, assisting the client in expanding the scope of their analysis of structured finance products globally.
- Gained the reputation of being the FIRST-IN-THE-MARKET with a stronger competitive advantage as a result of the collaboration with Innovya.
