
DHFL General Insurance Goes LIVE with iDEAL Funds 5.0
This feature is upgradeable
For End Users
You can activate this feature and other links for ALL VENDORS with a VendorMatch Premium subscription. Additionally you can gain access to an increased depth of data, summary reports, RFX reports (detailed completed RFIs - available to financial institutions only) and comparison grids. Please click here for more information.
For Vendors
Vendors can activate their links and gain access to analytics by upgrading to VendorMatch PRO. Please click here for more information.
Speak with an analyst
Financial institutions and their advisors can subscribe to our Analyst Access* service. Effectively phone or (email) a friend you can have on tap advice and support provided by our analysts on this vendor, solution or solution category.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information.
or contact us to discuss a subscription.
Subject to reasonable use.
Survey Summary
The Survey Summary provides a download of the vendor profile, solution profile and the VendorMatch Discovery survey vendor responses used to power the directory. All responses are provided by the vendor online.
Note that this report is a high level summary of the vendor's credentials and a solution's capabilities designed to assist with solution short-listing. The RFX report is the more comprehensive Request For Information report designed to support evaluation and selection, this will only show where the vendor has completed the "RFX" RFI.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features or contact us.
RFX Report
The RFX report is an XLS download of the Vendors response to the “RFX” Request for Information for this solution.
The RFX is a centralized golden copy of a RFI authored by our analysts based on their expertise in running real-life system evaluation and selection projects and completed by the vendor online.
Note to protect vendor that only Financial Institutions and recognized Advisor can subscribe to this feature.
In each instance the first time the link is used the user requests permission to access the RFX report and it is the vendor who is required to authorizes access. You will be alerted when the vendor has reviewed your request and granted permission.
HOW TO SUBSCRIBE
Please click here for more information on Premium features or contact us.
To learn more about subscribing to our service options, please contact us here
A Go-Live in a record duration of 41 days
Mumbai, September 12, 2017 – Nearly Rs. 1 lakh-crore general insurance business has turned profitable for many companies. Looking at the Lucrativeness, Dewan Housing Finance Corporation, a Delhi-based mortgage firm focused on smaller cities plans to expand its footprint in general insurance business.
Wadhawan Global Capital, which has Dewan Housing Finance (DHFL) as its flagship brand, is set to launch its general insurance business in the third quarter of the current fiscal. DHFL General Insurance, which in May this year received the regulatory nod to start operations, recently appointed Vijay Sinha to head the venture. During the post-results interaction with the media, Kapil Wadhawan, CMD, DHFL told that the group was on track to launch its general insurance business in a few months time.
DHFL General Insurance, a new entrant in the General Insurance segment has recently got an R2 approval. With that, they were looking for an experienced Vendor who will quickly deploy the system on a temporary infrastructure for their final approval and will later migrate the data to their preferred DC. So the biggest challenge was to squeeze the project plan in two phases (Standard Deployment & Data Migration to DC) in a time frame which is less than half of our standard timeliness.
Credence iDEAL Funds has been the most preferred Investment Management System for DHFL General Insurance in the country and offered a best fit solution for their requirements with comprehensive asset class coverage, strong limits management and IRDA compliance. The Application also covers enhanced third party integration through uploads, seamless STP solution, strong pre-deal Analysis and what if‘ simulation facility, scalable to manage high volumes & handle future business requirements, consolidated dashboard for specific user profile based information, specialized liquidity projections for better Investment planning, enhanced report generation engine, configurable batch process scheduler to automate EOD & BOD processes, enhanced transaction processing engine for single and bulk processing of trades, spectrum of Instrument and currency types, continuously upgrade to address the regulatory norms.