Vizolution and RBS are proud to announce that we have won the Best Financial Services category at the UK Digital Experience Awards 2019 (UKDXA).
The award recognises the success of the paperless RBS mortgage application journey, which utilises Vizolution’s vScreen and vDoc technology. The project has performed well across all KPIs, including an NPS score of 79 for Q1 2018; an average saving of 11 days per customer journey, with 5% of applications completed within 24 hours; and a 100% decrease in paper, resulting in over 7 million pieces of paper saved per year.
Bill Safran, CEO of Vizolution, said: “It’s very exciting to receive yet another award with RBS. This is the fifth award that we have won for the RBS Paperless Mortgage Application Process, but no less special. Picking up accolades that recognise the hard work we do, and the value we bring to our customers is always very rewarding.”
Ian McLaughlin, Managing Director, Home Buying & Ownership, RBS, said: “We are delighted to have won another award for our Paperless Mortgage Application Process which helps our customers have a simplified home buying journey. We continue to look at different ways in which we can utilise the innovative DigiDocs solution and look forward to continuing to win more awards in the future.”
Now in its fifth year, the UK Digital Experience Awards celebrates the way digital experience is used to enhance customer experience. The awards provide a platform for organisations and individuals to celebrate the partnerships they have formed and be rewarded for their digital innovation and customer-centric culture.
Vizolution has repeatedly been recognised by the Awards. In 2014, we were finalists in the Banking and Insurance category, and in 2017 we won silver award for our work with O2 in the Omni-Channel category as part of their upgrades and retention journeys. As well as 27% improvement in customer satisfaction, O2 have also seen a 47% improvement in compliance, a 36% increase in insurance sales and a 20% improvement in retentions.
The nomination follows on from a series of prestigious commendations received by Vizolution and RBS, recognising the transformation of RBS’s mortgage application journey to an entirely paperless process. Most recently, Vizolution and RBS won Best Digital Transformation Innovation at the Customer Contact Innovation Awards.
Vizolution, in partnership with RBS, managed to beat Onespan, Black Horse, JTC and Artemis Fund Managers in partnership with ORM to take home the Best Financial Services award.
Watch our solution in action here: