Regulatory Compliance
Dealing with state, national, and international regulations is increasingly complex. OpenText offers specific compliance solutions, such as an anti-money laundering (AML) insurance solution for life insurance and cash-valued products, as well as solutions that help your organization to solve requirements for SOX, NAIC, UK FSA, or EU-directed regulations.
Meet your Business Goals
- Improved regulatory compliance in all jurisdictions
- Improved launch planning and execution
- Timely response to market changes
- Lifecycle planning and management
Key Performance Indicators
- Shorter time to market with new products
- Faster adjustment of rate structure to match experience
- Shorter and more successful audits
The OpenText approach to insurance regulation is to fully incorporate compliance capabilities into your organization’s core insurance business processes. When new regulations spur immediate action on the part of your business, Enterprise Content Management (ECM) solutions from OpenText deliver complete document and records management capabilities within a department, in conjunction with agents or intermediaries, or across the entire enterprise.
ECM solutions from OpenText for regulatory compliance deliver this functionality with the following components:
Supplemented by Business Content (e.g., predefined workflows) to give you a head-start in configuring workstreams and processes, Consulting Services, Training and Support tailored to meet your requirements.