Challenge
The global risk team makes complex decisions daily on behalf of its clients, making decisionsabout the seamless use of data in complex situations that are often cross-border.
This challenging work is highly technical and requires meticulous examination of policy, legal and situational issues. To keep up with increasing demand, the team recognized that it needed technology to scale this capability.
Solution
Rainbird and the global risk team worked closely with legal departments to codify expertise on the use of personal data. The model considered many factors such as the source of the data, legal restrictions, state or country of origin, use, and intent.
With this immensely powerful tool, the team was able to build an entire offering with an easy-to-use front-end.
Outcome
With help from Rainbird, the global risk team now forecasts access to mid-market opportunities comprising dozens of new customers and millions in recurring revenue for the company.
Where to next?
The company continues to introduce Rainbird as their preferred decision technology to their clients and has signed a Global MSA with Rainbird to procure and use licenses across its global estate with ease.
Together with Rainbird, they plan to automate KYC efforts under its existing Managed Services offering.
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