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Sep 16, 2020

SS&C Vidado’s AI-powered OCR wins 1st place in independent analysis

In their blog post Handwriting OCR Vendor Analysis, Cano AI compared SS&C Vidado’s AI-powered Optical Character Recognition (OCR) software against other top providers in the space.  Cano AI, a consulting group focused on discovering and sharing the most cutting-edge automation solutions, filled out a generic medical document containing a variety of short-form and long-form handwritten responses like the ones processed by healthcare and insurance companies. They then submitted this document to all three services and manually analyzed the accuracy rates.

Jul 23, 2020

Challenge equals opportunity: lessons for lenders from COVID-19

Six months ago, the lending industry was operating much as it had done for many years. Where other financial services organizations have seen significant advances in the availability and adoption of technology to automate and streamline operations, paper forms are still commonplace for lenders. These forms are often walked from one side of the office to the other, and handed from one staff member to another, with a notable lack of straight through processing.

Jul 17, 2020

Is it Hot in the Middle East? A Temperature Check

The Middle East (defined here as the Arabian Gulf and its periphery) has long flourished as one of the wealthiest regions of the world. Sustained current account surpluses (i.e., when the value of exports is higher than the value of imports) and low domestic absorption capacity has meant that the region has one of the highest investible surpluses in the world. This surplus has propelled the region as an influential player on the global commercial stage, complementing its already-important political presence.

Jul 16, 2020

CP86 compliance: can you prove it?

European regulators expect fund management companies doing business in the EU to have effective governance practices. Effective governance means having an active management team that has a firm grasp of its business, and engaged directors who are diligently exercising their oversight responsibilities. In Ireland, these principles are captured in the Fund Management Companies (FMC) Guidance issued by the Central Bank of Ireland (CBI), usually referred to as “the Guidance,” or “CP86.”

Jul 14, 2020

“Build, build, build”—The UK government’s response to COVID-19: infrastructure

When the time comes for the UK to move forward with an infrastructure strategy, will it be New Deal or No Deal?

We won’t know for sure until autumn 2020 when the delayed National Infrastructure Strategy will be published and we find out how UK Prime Minister Boris Johnson will finance his “build, build, build” scheme. What we do know is that the scope of infrastructure planning goes beyond the £5 billion that made the headlines.

Jul 14, 2020

Top 3 challenges to operational excellence for insurers

The current pandemic is forcing insurance companies to reimagine their workforces and accelerate digital transformation timetables.

Improving the customer experience or achieving some type of productivity lift to gain a competitive advantage will likely require modification of an organization’s infrastructure and applications.

To get there, those firms will have to assess and overcome a number of challenges.

Jul 6, 2020

Opportunities in European last-mile logistics

As customers adjusted to pandemic mitigation measures, online orders from western Europe across all retail segments jumped as much as 80% in the first two weeks of April 2020 as compared to the previous year. Experts think these buying habits may become permanent, as the range of products consumers are buying online has expanded to include essentials like groceries and over-the-counter medication.

Jun 18, 2020

Middle office NAV oversight: Independent fee calculation and validation for hedge and UCITS funds

Investors expect fund managers to maintain proper oversight for all outsourced services, including calculation of Net Asset Value (NAV). Management and performance fees are critical components to NAV calculation, and investors would benefit from independent, unbiased fee verification.

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