Case Study: a large financial services institution modernizes claims payments with CGI’s Guidewire accelerator

a large financial services institution speeds claim payments with CGI, cutting validation testing from 10+ iterations to under 3

A large financial services institution wanted to increase its market share in payments and modernize its systems. It approached CGI to help develop an innovative claims payment processing solution to reduce long wait times for claimants and improve the user experience.

CGI developed a Guidewire payment accelerator API that integrates the bank's payment gateway with the Guidewire claims system. This solution significantly sped up payment processing, reducing the time for claimants to receive funds. The CGI team exceeded validation standards by completing testing in less than three iterations instead of the typical ten, accelerating time-to-market. This allowed the financial institution to offer better services and strengthen its position as an industry leader in e-payments.