Workflow Processes Under Review: Automation of the CIP (Customer Identification Program) and Diligence processes across their global account population.
Volume: Approximately 1,000,000 searches annually.
Before DDIQ: The business was undertaking manual searches via World-Check and Lexis Nexis.
Out of the 13,082,976 original documents given, DDIQ reduced the amount of relevant files to be reviewed to 1,548,970.
This is a reduction of 88.2% and saved the company 192,233.43 working hours, increasing cost savings.