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CASE STUDY

Automated Customer Onboarding

Compliance, but 10x faster​​

Background:

  • First Derivative’s client is one of the Big Five American technology companies, specifically their Logistics business.​
  • With over 1.6 billion packages delivered per day and a network of over 275,000 drivers, it is critical that our client performs an effective and efficient onboarding process.​

What we did:

  • First Derivative partnered with Moody’s Analytics and Blackdot Solutions to create a customer onboarding managed service.
  • The team conduct the onboarding workflow on Passfort and perform OSINT investigations on Videris to enable our client to make informed decisions on whether to onboard or reject the customer.​
  • We then deployed specialised consultants to automate the repeatable components of the process and introduced AI to generate a scoring methodology that enables the Analysts to focus on making the risk-based decision rather than the manual tasks.​

The results we achieved:​

As well as making the service scalable for the wider client network,​

10x customer onboarding team productivity has increased 10x​​.

AI enabled analyst decision making is driven by AI​​.

100% accuracy right first time and quality score of customer onboarding​​​.