Service Lines

1

Claims & Remediation

Being able to identify historic issues, respond to Regulatory instruction and ensure that consumers have been treated fairly are all key focuses for any responsible business. Undertaking wholistic reviews of your products and practices are critical to ensuring that you remain compliant and build your reputation in highly competitive markets. Momenta can provide you with the expertise and personnel to conduct these reviews, manage and resolve claims, and take any necessary remedial action to put things right, ensuring that best practices are in place for the future.

Key Services

Expert Claims Processing

Accurate and efficient handling of claims.

Proactive Improvement

Swiftly Enhancing Accuracy and Performance

Remediation Plan Implementation

Developing and executing effective remediation strategies.

Compliance Assurance

Ensuring all processes meet regulatory standards.

Customer Satisfaction Improvement

Enhancing customer experience through effective claims management.

2

Collections & Recovery

We recognise that recent, widespread economic instability has had a profound effect on many of our client’s and their customers, with a growing number experiencing financial hardship. In the wake of the Covid 19 pandemic, various geopolitical emergencies and a subsequent cost of living crisis, it has never been more important to ensure that you have a strategy in place to support your most vulnerable customers and deliver positive outcomes both for them and your business. 

Working in partnership with a range of clients, Momenta has deployed a large contingent of both permanent and contract Collections Agents and Customer Support staff to assist our clients with their Collections and BiFD programmes. In such a sensitive and emotive business area, as well as ensuring that all Momenta resources deployed have the right expertise, we also focus on the softer skills of communication, relationship building and being able to take an empathic approach to their work.

Key Services

Overdue Account Management

Systematic handling of overdue accounts.

Debt Recovery

Effective techniques to recover outstanding debts.

Ethical Collection Strategies

Maintaining integrity and customer respect.

Customer Relationship Maintenance

Preserving positive interactions with customers during the collection process.

Maximisation of Recovery Rates

Optimising methods to achieve the highest recovery rates possible.

3

Complaints Management

We understand that, while you may take every possible step to provide an exceptional service to your customers, there are times when customers need to have a channel to voice their grievances and concerns. Handling customer complaints in a timely, efficient and objective manner is of paramount importance, particularly in heavily regulated industries. 

Operational excellence within your customer service and complaint handling teams is a safeguard to your consumer reputation and can help prevent escalations to regulators, ombudsmen, or watchdogs. Over Momenta’s 30-year history, we have provided customer service and complaint handling expertise and solutions to clients across the banking, financial services, aviation and legal sectors. With subject matter expertise in pensions, investments, insurance, protection, general banking, mortgages, unsecured lending and a host of other areas, Momenta has the experience in our network to support our clients wherever they have a need.

Key Services

Complaints Handling

Efficient management of customer complaints.

Grievance Resolution

Swift resolution of customer grievances.

Regulatory Compliance

Adhering to all relevant regulations.

Customer Satisfaction Enhancement

Improving customer experience through effective complaint resolution.

Prompt Issue Resolution

Quickly addressing and resolving issues.

4

Financial Crime

Fraud and Financial Crime are growing concerns in the United Kingdom, with individuals and organisations facing substantial risks. As we navigate the evolving financial landscape, staying ahead of these threats requires adaptability and expertise, and a comprehensive approach is needed to combat the challenges. Ensuring that your teams are well-equipped, both in terms of their capacity and skillset, is critical. Momenta has a track record of supporting Tier 1 banks and financial institutions with their Financial Crime strategy. Whether you require staff to conduct Transaction Monitoring, file SARs, conduct periodic KYC reviews, or provide AML Advisory expertise, Momenta can help.

Key Services

Financial Crime Detection

Identifying potential financial crimes.

Fraud Prevention

Implementing measures to prevent fraudulent activities.

AML Compliance

Ensuring adherence to anti-money laundering regulations.

Risk Management

Managing and mitigating financial crime risks.

Financial Integrity Safeguarding

Protecting the organisation’s financial health and reputation.