21 August 2017
visit www.avoka.com

HSBC automates underwriting with Allfinanz

17 February 2004  |  1835 views  |  0 HSBC automates underwriting with Allfinanz

HSBC is installing the xpertBridge system from Dublin-based Allfinanz to automate branch-based underwriting of protection product applications.

XpertBridge is a front-end point-of-sale system that electronically captures application details and automates underwriting. HSBC is deploying the system on IBM hardware and middleware.

The bank will integrate the product with its branch banking platform and back-office systems.

Harpal Karlcut, head of life and pensions at HSBC Bank, comments: "XpertBridge will enable our branches to quickly and efficiently underwrite and process new business applications, helping to reduce costs in a competitive market."

Karlcut says the majority of applications will now be accepted at point of sale, significantly improving the service provided to customers.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

HSBC agrees offshore labour deal

HSBC agrees offshore labour deal

16 February 2004  |  7813 views  |  0 comments
HSBC licenses Norkom fraud detection platform

HSBC licenses Norkom fraud detection platform

03 February 2004  |  4693 views  |  0 comments
Gartmore outsources UK back office to HSBC

Gartmore outsources UK back office to HSBC

30 January 2004  |  8930 views  |  0 comments
Brief: Standard Life automates underwriting with Allfinanz's xpertBridge

Brief: Standard Life automates underwriting with Allfinanz's xpertBridge

29 October 2003  |  3033 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.worldpaymentsreport.comvisit www.niceactimize.comvisit www.dorsum.eu

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
10975 views comments | 24 tweets | 23 linkedin
hands typing furiouslyWhy Is Risk Analytics Important?
9207 views 0 | 5 tweets | 1 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
9126 views comments | 21 tweets | 26 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
9033 views comments | 19 tweets | 23 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
8849 views comments | 10 tweets | 8 linkedin

Featured job

Competitive
London, UK (or flexible)

Find your next job