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Coforge's Copasys AI-Enabled Enterprise Platform
Copasys: An AI-Enabled Enterprise Platform for Automating Quality Control, Risk Management and Regulatory Compliance
Copasys is an AI-enabled platform that automates quality control and compliance workflows for BFSI organizations. By replacing manual, sample-based audits with automated and intelligent audit engines, Copasys empowers insurers and lenders to achieve 100% coverage, reduce operational costs by up to 60%, and drive faster, more accurate compliance. With features like automated exception handling, near real-time dashboards, and Power BI integrations, it provides actionable insights and reduces turnaround time across audit functions.
Problem Statement/Challenges: Traditional quality control and compliance methods relied heavily on manual sampling audits—typically covering less than 5% of total cases. This limited scope led to high operational costs, increased risk of compliance gaps, and delays in reporting and decision-making.
Solution: Copasys is a US-patented, AI-powered solution designed to revolutionize quality control and compliance workflows for BFSI organizations. By replacing manual audits with intelligent automation, Copasys delivers advanced capabilities including Auto Audit, Checklist-based Audit, and Comparative Analysis Audit. The platform features automated exception handling with configurable workflows and near real-time dashboards that provide actionable insights, significantly reducing turnaround time across audit functions. With its AI-led architecture, Copasys ensures precision, scalability, and enhanced operational efficiency covering -
Integrating Microsoft Azure AI Services with Generative AI models to enhance rule summarization and configuration.
Value Proposition: Copasys delivers 100% audit coverage, reduces audit time by up to 70%, and cuts operational costs up to 60%. With centralized reporting and real-time business insights, it drives significant improvements in productivity and operational efficiency.