June 6, 2023
Challenge
During the pandemic, Davies was asked to research and resolve aged breaks for a tier 1 client.
Approach
The Davies team assessed the overall risk within the current infrastructure across the corporate action lifecycle. The team researched and chased open balances that had accumulated over the course of a few years.
Impact
Davies successfully resolved over $700 million dollars in open payables and receivables. The Davies team provided an analysis of potential risks in the existing claims process and provided recommendations.
