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Services of interest
Untitled

Arthur D. Little

Arthur D. Little has been at the forefront of innovation since 1886. We are an acknowledged thought leader in linking strategy, innovation and transformation in technology-intensive and converging industries. We enable our clients to build innovation capabilities and transform their organizations. ADL is present in the most important business centers around the world. We are proud to serve most of the Fortune 1000 companies, in addition to other leading firms and public sector organizations. For further information, please visit www.adlittle.com

CUBE wins MetLife Insurance regtech project

In View Summary

Headquartered in London, Cube is an AI-driven regtech offering that helps insurers to navigate regulatory changes and minimize the cost and risk of non-compliance. Cube monitors regulatory directives across 180 countries, in 60 languages, for multi-national insurers and banks.

Cube’s technology works by automating the capture of global regulatory data, alerts on regulatory changes that pose a compliance risk to businesses, pinpoints all policies, procedures and controls that are affected, and enable rapid remediation. It utilizes Artificial Intelligence and Machine Learning to achieve the smartest and most efficient automation possible.

Cube’s features include –

 

 

Very recently, it was awarded a regulatory intelligence and change management pilot project with MetLife Japan as part of its open innovation program, collab 4.0.

Reported Benefits

Benefits to Customers:

  • Improved Data protection and security

Benefit to the Insurer:

  • Increased cyber resilience
  • Enhanced Regulatory Compliance
  • Reduced non-compliance costs and risk

The Digital Insurer's View

The changing nature of the regulatory landscape and technology prowess is requiring companies to keep themselves compliant. As they become more global it becomes difficult to keep up with the changing regulations across different jurisdictions. Companies like CUBE help to achieve regulatory compliance and such initiatives will be a boon in years to come as the legal complexity rises.

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