How did RollingFunds improve Diot-Siaci’s B2B customer verification process and generate a 61% return on investment?

Context

Diot-Siacia leading insurance and reinsurance brokerage consultancy in France and Europe, was facing a number of risk management and compliance challenges. With a global presence (Asia, Middle East, Africa), the group needed to modernise its B2B verification processes (KYB), meet regulatory requirements (AML-FT) and optimise its internal operations to improve productivity.

Challenges before RollingFunds:

Lack of automation: KYB processes were manual, inconsistent, and prone to errors, leading to longer processing times. Existing controls were insufficient to effectively combat operational risks and improve team productivity.
Inconsistent risk and process monitoring: The absence of standardization made it difficult to have a coherent overview of risks and comply with AML-CFT regulations effectively.
Complexity in centralizing information: Each business unit used its own tools, resulting in duplicate controls and inefficient data management. This hindered the ability to produce compliant and tailored reports for the Risk and Compliance Department (DRC).

The Solution: RollingFunds and its KYB

In response to these challenges, Diot-Siaci has chosen to adopt the KYB solution and company audits from RollingFunds to automate its KYB verification processes. The platform was selected for its suitability to Diot-Siaci's specific needs, in particular its ability to centralise data, automate checks and offer full traceability, thereby complying with strict regulations such as the RGPD.

Key improvements brought by RollingFunds

Risk process enhancement: The integration of a risk mapping system, including the specific business requirements of the organization, allowed for a unified and coherent approach across all Business Units.
KYB process automation: Account managers can now reference a client, gather identification information, and calculate the level of due diligence required using a simple SIREN number. This has significantly reduced human error.
Centralization and traceability of information: All customer files are accessible via an Extranet or APIThis provides full traceability of data and controls in compliance with the RGPD, facilitating the work of the Risk and Compliance Department (DRC).

Conclusion

RollingFunds has enabled Diot-Siaci to automate its KYB processes, reducing errors, improving productivity and enhancing compliance. Thanks to these improvementsDiot-Siaci continues to consolidate its leading position in the insurance and reinsurance sector, while preparing for future growth with a modern and efficient KYB infrastructure.

Key Results:

61% Return on Investment: The significant ROI proves the effectiveness of the solution.
32% productivity gain: Automation of manual tasks allows teams to focus on higher-value missions.
Verification 5 times faster: The completion of KYB processes is now 5 times quicker, speeding up client onboarding procedures.
200.000 KYBs initiated: The impressive volume of verifications reflects the scalability and efficiency of the solution.