BFSI — Banking, Financial Services and Insurance

Transforming BFSI operations

01

Conversational AI for Customer Service (Voice and Chat)

Multilingual voice agents handle balance enquiries, card services, loan status, claims first-notice-of-loss and intelligent routing to human agents with full context handover.

Benefits: Typical results — 30–50% reduction in Average Handle Time and consistent 24×7 coverage in regional languages.

02

AI-Powered KYC, AML and Fraud Operations

Intelligent document processing, liveness checks, sanctions screening, transaction monitoring with explainable AI, alert triage copilots and assisted Suspicious Activity Report drafting — all under full audit trail and regulator-ready logging.

Benefits: Typical results — 20–35% improvement in throughput and elimination of fraudulent / ineligible files for exception bucket.

03

Underwriting and Claims Automation

AI extraction over policy documents, medical records and repair estimates. AI-assisted underwriting decisions and straight-through claims handling for low-complexity segments, with seamless escalation to expert humans for the rest.

Benefits: Typical results — ~50% reduction in underwriting cycle time through AI-driven intelligence in real-time document analysis and inference checks, improving human accuracy by 30%.

Customer Challenges and the Need to Act

Why BFSI cannot solve the cost-quality-compliance trilemma without AI

Banks, insurers and capital-markets firms are simultaneously squeezed by cost-to-serve pressure, NPA management, an unending compliance load (RBI, SEBI, IRDAI, SAMA, FCA, OCC, MAS), sophisticated fraud and customer expectations set by digital natives. The cost-quality-compliance trilemma is now solvable only through AI-first BPS — and only by partners who can operate it under the audit discipline regulators demand.

How AI creates the advantage

AI handles 60–80% of repetitive voice and back-office volume with higher accuracy, runs around the clock, is fully auditable and frees human agents for empathy-led and complex casework — directly impacting cost-to-income and customer experience.

Why BFSI matters

BFSI contributes 7–10% of GDP in most economies and is the largest enterprise spender on technology and business process services. AI-first BPS has shifted from a cost play to a competitive differentiator — and increasingly, to a regulator-tested operating model.

Relevant geographies

India United States United Kingdom Singapore United Arab Emirates Saudi Arabia Qatar Australia Canada Hong Kong South Africa Kenya Philippines Mexico

Let’s transform BFSI operations

From conversational AI and KYC automation to underwriting and claims processing, our AI-first BPS platform delivers audit-grade outcomes for banking, financial services and insurance.

Backed by Industrial Heritage

50+ Years of Industrial Assurance

alticdigital is the technology subsidiary of ISSPL — a classification and certification group with five decades of industrial-inspection heritage. Every solution we deliver inherits this culture of rigour, traceability and audit-grade quality.

IEC 62443 — OT Security ISO 27001 — Information Security NIST CSF — Cyber Framework IACS Classification Standards