Dubber’s Compliant Conversation AI helps financial services manage challenges associated with risk management, compliance, and both client and employee experiences, with actionable insights and proactive solutions.
Strengthen Compliance in High-Risk Selling Activities
Compliance is essential when selling high-risk products, such as new investment products or complex plans to protect both clients and the institution from significant risks.
Real-time monitoring of sales interactions helps ensure products are suited to clients’ financial goals and risk profiles, while identifying opportunities for upselling or cross-selling services that better meet clients’ evolving needs. With AI-powered, conversation AI, institutions can track non-compliant behaviours, such as misrepresentation or unsuitable product recommendations. By proactively tracking these issues and other high-risk sales activities, financial services can intervene early, provide proper disclosures, and make sure sales teams are adhering to regulatory guidelines.
With accurate, data-backed insights, managers can review conversations and refine strategies to improve productivity of the sales team through access to more detailed customer information imported into internal business workflows.
Better Manage Client Complaints to Drive Success
Financial services are required to manage client complaints in a fair and transparent way, adhering to internal policies and external regulatory standards to avoid any violations and penalties.
By analysing conversations, Dubber identifies and categorises complaints related to specific issues, such as product quality, service delays, or billing discrepancies. This streamlined and compliant process increases transparency for client success and equips employees to manage these interactions effectively by providing clear details and actionable insights into concerns. Financial services can uncover patterns and trends across these interactions to identify potential threats, such as fraud, compliance risks, or evolving customer needs, allowing for timely action and prevention before they impact the organisation.
In financial services, the cost of non-compliance, ineffective customer service, and poor risk management can have serious financial and reputation consequences. For questions on how Dubber can deliver tailored solutions that improve the customer experience and increase lifetime value, contact us here: contactus@dubber.net