AutoRek for Insurance Firms

by AutoRek | White Paper

AutoRek can help to maintain master data at all stages of the subledger process including;

Recording and monitoring transactions on a policy basis supporting robust insurance reconciliations, exception management and meaningful MI.

Structuring data enabling automatic generation of forms, documents and feeds to other internal systems.
Housing all master data on a policy basis.

About AutoRek

AutoRek is a global provider of financial controls, data management and regulatory reporting software.

Implemented in many of the world’s largest organisations, our range of deployments vary from high volume data migrations, elimination of manual processes and spreadsheets, regulatory reporting, reduction in fast close processes, to mitigation of operational and regulatory risk.

Key business benefits from implementing AutoRek include:

• Mitigating risk of regulatory breaches;

• Real time insight into status and exposure;

• Reduced dependency on manual processing;

• Single repository for control frameworks and data management;

• Automated workflow for governance and audit;

• Efficient electronic sign off and record retention; and

• Adaptability to meet new regulatory requirements.

Our solutions are purpose-built to improve the quality and efficiency of financial data management, from cost reduction and process efficiency projects, to improving adherence to regulatory reporting requirements.

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