Straight Through Processing

Seamless process flow which links front office functions with back office administration systems for streamlined process execution and cost savings.
Link multiple functions and disparate systems seamlessly into a coordinated process flow. Once the process is initiated, it is able to flow automatically to completion without further intervention subject to business rules and policies.

This automation is reliant on capture and real-time execution of business rules, and the ability to link to back-end systems. Once in place, this end-to-end processing cuts processing time dramatically, saves costs and increases new business flow rate. An insurance example of straight through processing using Axe's Axelerator product: from application, to quoting, to underwriting to policy issue.

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