Automating redress and remediation to reduce losses and ensure regulatory compliance

the challenge
A large UK retail bank faced urgent regulatory pressure to deliver redress to thousands of customers across unsecured loan and mortgage products.
The core challenges included:
- Daily financial losses due to inability to charge interest on non-compliant accounts
- The need to process high volumes quickly with minimal manual intervention
- Tracing and remediating customers with closed accounts
- Designing a system compliant with the Consumer Credit Act
The project required a full end-to-end solution that could be delivered under pressure while protecting customer outcomes and data quality.
the solution
Dufrain partnered with the bank to design, build, and support a fully automated redress and remediation engine. This included:
- Customer segmentation and issue identification
- Data quality filtering and address tracing
- Progress tracking and third-party interface integration
- Design, testing, and live support of the full solution
Where requirements were incomplete, Dufrain collaborated with business and data analysts to define them and shape the technical solution. Post-launch, the team managed production execution, resolved defects, delivered changes, and supported ad-hoc data analysis.
Dufrain maintained regular engagement with senior stakeholders to prioritise account segments and ensure project momentum.
the outcome
- Delivered fair compensation to thousands of customers across high-volume accounts
- Significantly reduced daily interest losses due to compliance delays
- Successfully traced and resolved issues with historic closed accounts
- Provided a scalable framework for future redress initiatives
- Strengthened the bank’s regulatory compliance and risk posture
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Victoria Whittaker
Head of Business Development
