KUALA LUMPUR, Feb 28 (Bernama) -- Insurance industry-focused global management consulting company, SYNERGY Strategic Solutions Limited has clinched the prestigious Technology Excellence Award for Robotics – Financial Services.
The award-winning solution, ASTRA, is a process transformation model comprising business due diligence framework and automation accelerators. It was successfully deployed to automate various processes in insurance companies across Asia.
ASTRA enabled insurers to achieve 70 per cent efficiency rate in straight-through processing and in reducing errors by facilitating electronic transactions. This translated to cost savings for the insurer.
Instituted by Hong Kong Business, Technology Excellence Awards honour enterprises for technology used in creative ways towards improvement of processes, products and services.
SYNERGY’s ASTRA Framework enables insurance companies to enhance overall efficiency and is successfully being used by multiple clients in Hong Kong, India, Japan and Indonesia.
SYNERGY founder and chief executive officer, Pradeep Satya said ASTRA helped insurance companies cut the cost of service delivery and simultaneously enhanced operational efficiency and delivered superior customer experience.
“The award reiterates our commitment to continue to work for solutions which enable financial firms to use technology to optimise operations and increase efficiency.”
Headquartered in Hong Kong, SYNERGY Strategic Solutions Limited also operates in Malaysia, Singapore and India.
It was founded in 2011, by an experienced team of professionals, focused on value-based delivery to increase productivity and higher efficiency for customers.
-- BERNAMA
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