The firm hopes the product will speed the business intelligence and reporting operations and enable timely, controlled processing.
We sought a solution that guaranteed seamless migration and integration with our existing architecture and processes, said Ian Wootten, manager of Lloyd’s Settlement and Trust Fund Operation. The settlement and trust-fund operations are at the core of our business and we could not afford to jeopardize these by using an inappropriate system.
Lloyd’s Settlement and Trust Fund Operations Department is responsible for a range of business-critical functions such as the firm’s settlement function, which settles insurance transaction monies between syndicates and brokers.
