Optimize processes and improve data quality in passive reinsurance RAIS
RAIS, NTT DATA's sophisticated system, allows reinsurers to manage and calculate all programmes without extra programming.
01What did our client need?
The company needed to transfer the existing processes and tool landscape for reinsurance into a revision-safe, largely automated product solution with improved efficiency in processing. NTT DATA's solution RAIS offers the client the protection it needs to manage reporting and analysis tasks. With RAIS, the client receives a sophisticated system that can manage and calculate all reinsurer programmes without additional programming.
02How did we help our client?
NTT DATA helped the client by integrating RAIS into the system environment, using standardized interfaces for data transfer. We also made a proof of concept and customized the product solution. Additionally, we helped in the implementation of additional customer functions, mapping and optimization of reinsurance processes and mapping of the reinsurance contract landscape.
03What was the result?
The client was able to reduce lead times and expenditure for quarterly/annual financial statements, improved data quality and optimize processes on a revision-safe documentation basis.
Digital Focus Area
- Intelligent Automation
Line of Business