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Analytics use cases in Disability Claim management
143

Jul 23, 2020

Analytics use cases in Disability Claim management

Veeraraghavan Kazhiyur Mannar Business Manager- Insurance Practice, HCL Financial Services

Disability claim management is a complex area in the claims value chain. Short Term Disability (STD) and Long Term Disability claims (LTD) constitute the two most important types of disability claims.  These are living benefits and are tied to...
Aerospace and Defense
213
Traditionally, global aerospace and defense organizations have relied on country-level compliance processes and IT delivery, resulting in siloed data and lack of centralized visibility with minimal data sharing. The same has resulted not only in non...
Digital Workforce
313
In this era of digitally disrupted economy, Insurance is one such industry which is seeing a huge spike in investment of both time and resources for the optimization of their processes via automation, which at the end of the day would enhance their...
360 point of view of your investment
308

Jun 12, 2020

360° view of your Investments

Rangarajan Rupanarayanan Senior Business Manager

Financial Planning plays a vital role in our life as our future is dependent on the same. Across the globe, most individuals work for at least 30 years starting from age 25. They lead a life style that may or may not match their earnings, without...
Smart Equipment Maintenance
209
Organizations in the mining, oil and gas, and natural resources sectors are under constant pressure to maintain production uptime. With market volatility in the wake of the COVID-19 pandemic, organizations are heavily interdependent on global supply...
Insurance Perspective
533

Jun 05, 2020

Resilient Omnichannel Customer Services During the COVID-19 Pandemic: An Insurance Perspective

Neeraj Prasad Chief Operating Officer, HCL Insurance Business Services (IBS)

Today, as a technology organization, we know that omnichannel customer service systems can be developed and launched in as little as 8 weeks. These systems can help prop up back-office operations, help enterprises engage with their customer and...
Making it Seamless and Cost-Effective
293

Jun 05, 2020

Part VII Transfers: Making it Seamless and Cost-Effective

Sidhartha Kumar Global Operations Director & Head of Operations

Over the decades, the UK’s Life and Pensions sector has played a significant role in shaping the nation’s economy by providing critical retirement savings to the general public and protecting companies with much-needed commercial aid. However, much...
Central securities depositories regulation
259

May 18, 2020

Central securities depositories regulation

Vimal Jain Senior Business Specialist, Delivery Practice

CSD’s are currently involved in developing solid frameworks for financial penalties regime, establishing systems and processes to adhere to ECSDA CSDR penalties framework, and while CSD’s continue monitoring settlement graph of participants, there...
SDOH
283
With continuous increase in the healthcare expenditure and the massive shift to value based care. Healthcare organizations are now focused on finding ways to deliver care while factoring in and addressing Social Determinants of Health (SDOH). World...
Fintech
4,191
FinTechs are exploiting the gap between the financial services and technology. Increasing use of technology for financial services have led to disruption in the traditional financial services. We can see this change from the way traditional banks...
Blockchain
590
Data hack, theft, or infringement are major issues which cannot be ignored when it comes to drug development. Trained professionals or hackers determine and manipulate vulnerabilities in a computer system and/or network to gain unauthorized access...
BFS
823

Mar 23, 2020

CCAR - Comprehensive Capital Analysis and Review

Vimal Jain Senior Business Specialist, Delivery Practice

CCAR is a united states regulatory framework governed by Federal reserve to assess, regulate & supervise large US banks that are too big to fail. Post 2008 Global economic crisis/subprime crisis/Recession, resulted in economic collapse of US...
AI
1,799
Manufacturing is an area where the incorporation of different parts of AI is taking place. AI encompasses a range of technologies that are learned over time, as they are exposed to more data. AI has brought a new dimension which helps analyze data,...
Risk & Compliance
1,736
This is said that by 2025, there would be fundamental differences in the risk functions pertaining to banking and financial sector in comparison to today and we could see enormous transformation in next ten years than last few decades. This is not...
Automation
1,822
AI and Automation, the terms that bring excitement and fear simultaneously on the face of any ma
CECL
1,874

Oct 13, 2017

Understanding the Current Expected Credit Loss (CECL) Model

Sivakumar Srinivasan Solutions Architect, Banking and financial services

CECL is the new accounting standard issued by Financial Accounting Standards Board (FASB) for the recognition and measurement of credit losses for loans, lease, guarantees, trade receivables, and debt securities.Stakeholders in the financial...
IoT
2,046

Oct 05, 2017

Impact of IoT in CPG sector

Mayank Abrol Deputy Manager, HCL Business Consulting

IoT to many organizations is like house party to teenagers; all teenagers think the others are doing it (hence they should also do it), but nobody is actually doing it in the best possible way. IoT is not a new concept, but just a buzzword in town....
Digitql Age Biomakers
1,144

Jun 08, 2016

Digital Age Biomarkers: Applicability across Therapeutic Areas

Aditi Chakraborty Senior Manager - Life Sciences & Healthcare

This blog focuses on the enhanced applicability of Digital Biomarkers (real time, continuous, data-driven signals) in some of the top therapeutic areas/conditions. Patient-facing devices have been the progenitors of digital biomarkers.

Digital Transformation in BFSI - Who can afford the luxury of 2-speed IT?
Vidya Bhushan - Senior Sales Director - Capital Markets | February 26, 2016
698 Views

Digital Transformation in BFSI industry – The need for integrated transformation

'Customer centricity' of Digital Transformation is often misconstrued with a notion that Digitalization is just about transforming the layer of interaction between firms and its customers - intuitive mobile applications, fancy user interface websites, innovative channels to extend services, etc.


New Direct Capability- IATA initiative
Hrishikesh - Manager | January 13, 2016
548 Views

All global airlines are trying to increase their ancillary revenue in a variety of ways.  Traditionally the majority of the ancillary revenue was generated as change or cancel fees, baggage charges, etc. For generating additional revenue and with a desire to provide better service to its customers, airlines around the world are creating more personalised service offers at a variety of price points to suit different customer profiles.


Digitalisation - Figurative & Quantifiable Dimensions
Arpan Chatterjee - Sales Director - Travel, Transportation and Logistics | December 16, 2015
268 Views

At the cost of repeating myself… ‘What exactly is Digitalisation?’ This certainly seems to be the talk of the town, but is this buzzword a new concept or once again, a fundamental and radical idea, but in a new package? Secondly, assuming for a moment that this is important for today’s business, how does Digitalisation impact the Travel, Transport, Logistics and Hospitality business?