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Financial services

Financial services

Segments We Serve

Who would disagree that change is a constant within the banking landscape? Coping with that change has become your big challenge.
While cost pressures are still a concern, capital markets participants now focus on innovation, growth and risk management.
nsurance carriers have made significant investments in technology over the years. But these investments are unlikely to have delivered genuine flexibility in your key business processes.

Overview

Financial institutions of all shapes and sizes are in a period of strategic transformation, and must necessarily attend to all the challenges that keep them from thriving in tough market conditions. RACS provide end-to end solutions for financial service companies, enabling them to:

  • Drive business and operational efficiencies
  • Manage compliance issues
  • Enhance their customer centricity.

Solutions

Banking

Account Opening Accelerator for Banking

Reduce extraneous manual paperwork and automatically create audit trails for enhanced information security —improving the customer experience. Enable more secure printing and processing of application forms, signature cards, and starter checks by automating account opening processes. HP Account Opening Accelerator for Banking utilizes networked HP multifunction printers and specialized software.

Compliant Document Capture Solution for Financial Services

Organize devices, software, and services to provide a complete solution for capturing, archiving, and tracking sensitive documents and correspondence to assist you with regulatory needs. You can also reduce paper traffic for increased security, automation, and accessibility. Our network-based configuration can help you address regulatory mandates faster and more cost-effectively.

Loan Origination Accelerator Solution

Facilitate data recognition and routing with automated data capture and bar code generation. By streamlining paperwork and implementing automated systems, you can reduce costs and cycle times while improving transparency and accuracy of documentation. Your customers can submit loan applications over the Web, at kiosks, at branches, and at loan production offices making it more efficient for all parties.

Insurance

RADIENCE Administration

Insurance core policy administration system

ProductXpress

Insurance product design and calculation environment used by marketing, actuarial, business line and IT teams

INGENIUM

Core life, annuity and disability policy administration system

Exstream Solutions for Insurance

Document management solutions that help you efficiently create, manage, and generate important policyholder communications, including quotes, policies, correspondence, and statements.

Insurance Policy Accelerator Solution

Accelerate the policy setup process by replacing slow and expensive paper-based workflows with automated digital processes. Facilitate capturing incoming and outgoing documents, creating proposals and correspondence, and outputting forms in printed and electronic formats.

Claims Transformation Solution for Insurance

Digital Workflow document solutions that automate and accelerate the flow of claims forms and support documents. We help you reduce the risk of inconsistencies and fraud, and ultimately reach a resolution faster.

Compliant Document Capture Solution for Financial Services

Organize devices, software, and services to provide a complete solution for capturing, archiving, and tracking sensitive documents and correspondence to assist you with regulatory needs. You can also reduce paper traffic for increased security, automation, and accessibility. Our network-based configuration can help you address regulatory mandates faster and more cost-effectively.

Flood Insurance Services

Policy administration, claims processing, payment processing and reporting

Insurance Notification Clearinghouse Services

Automated clearinghouse that uses electronic data interchange (EDI) to streamline information exchange among insurers, lenders, leasing companies, government agencies and trackers

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