Tuesday, 25 June 2024

Best Compliance Risk Implementation goes to Sunshine Insurance and SAS Institute

5 min read

By The Asian Banker

The winning bank launched a transformative initiative to align with new insurance contract standards and accounting standards. The project integrated advanced massive parallel processing architecture, with systems for data mart, cost allocation, actuarial measurement, accounting engine, modified the general ledger system and Hadoop technologies, enabling stronger data integration and 30% operational efficiency improvement. 

For its notable success in compliance and governance, the award for Best Compliance Risk Implementation goes to Sunshine Insurance and SAS Institute. 



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