Universal insurance company UNIQA pojišťovna, a.s. has decided to simplify the current method of electronic communication with its banks. In the first phase, it decided to proceed with the automatic processing of daily statements from all banking houses where it maintains its accounts.
The Multicash® Payment Factory solution offered by Management Data Praha seemed to be optimal. As part of the implementation, communication with individual banks was optimized and statements are now automatically downloaded, divided according to the statement date and account number (STA splitter application) and stored in the required location, from where the next process transfers them for final processing in the client's information system.
More in the case study (only in Czech here).
About UNIQA: https://www.uniqa.cz/about-us/