bottomline.com Fortune 500 Global Insurer Transforms Its Global Payment Processes with Enterprise Payment Hub and SWIFT Service Bureau CUSTOMER SUCCESS LEGACY SYSTEM LIMITATIONS When a large global insurer sought opportunities for growth, it realized its existing payment systems needed replacement. The company was intent on making new acquisitions, embarking on joint ventures, reinvesting in its core business and returning capital to shareholders. But legacy payment processes and systems were costly, error-prone and were an impediment to optimizing cash flows because the company did not have global visibility. The company wanted to centralize risk management and compliance, but it had multiple systems and banking portals for payments. In addition, the insurer faced difficulties

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