Modern Underwriting: L&T Infotech AccuRUSI. Leveraging New Intelligence Capabilities. Featuring as an example:
|
|
- Alisha Morris
- 6 years ago
- Views:
Transcription
1 Modern Underwriting: Leveraging New Intelligence Capabilities Featuring as an example: L&T Infotech AccuRUSI Author: Deb Smallwood, Partner Published Date: February, 2015 This perspective is based on SMA s ongoing research on underwriting and the modernization of legacy environments. L&T Infotech has purchased distribution rights SMA All Rights Reserved Page 1
2 Table of Contents About This Perspective This SMA Perspective is a summary of SMA s ongoing research on underwriting and the modernization of legacy environments. L&T Infotech has purchased distribution rights for summary results of selected research and opinion. This is not paid-for research. New Possibilities for Underwriting 3 Rethinking Underwriting Automation Reward and Risk Modern Underwriting Business Capabilities 4 The Modern Underwriting Workstation Foundation of Information and Insight Modern Underwriting Technology Capabilities 6 The Fundamentals Finding the Right Approach About L&T Infotech 7 L&T Infotech Company Overview AccuRUSI Breadth and Functionality Strategy Meets Action Commentary 10 About Strategy Meets Action SMA All Rights Reserved Page 2
3 New Possibilities for Underwriting Underwriting capabilities are instrumental in differentiation today. To achieve success and compete effectively, modern underwriting approaches and solutions are becoming an imperative. Thanks to maturing and emerging technologies as well as an abundance of information, there are new ways to accomplish far-reaching underwriting transformation. Underwriting capabilities are instrumental in differentiation today. In fact, insurers are just on the cusp of finding out how truly important they will be in shaping the future of the industry. The bottom line is that to achieve success and compete effectively, modern underwriting approaches and solutions are becoming an imperative. When it comes to underwriting large complex risks, the touch of highly skilled and experienced underwriters is still required to ensure the right mix of coverages and that the price is properly formulated in order to financially protect the exposures and risks. Historically this touch of art has been a manual process, one that is highly dependent on people and experience, with the blend of some automation. Today, with the automation, tools, data sources, and analytics that are now available, there are new possibilities for modernizing these traditional touch points with the next generation workstation. Rethinking Underwriting Automation Currently, the implementation of modern policy administration systems has been the primary solution avenue for modernizing the full underwriting process. Although these investments have brought significant business benefit and value to the overall underwriting process, they typically fall short when it comes to automating the desktop of the underwriter for the management of complex risks. The gap is real and the impact significant. SMA views the next generation underwriting workstation as the solution to close this gap in capabilities. It becomes the vehicle for improving expense ratios and underwriting productivity, using automation and the aggregation of information across different applications via a single interface to enable a single view of risk. So why is this the right time to rethink the underwriter s desktop? Why now, especially when it appears that the traditional approaches are presently providing adequate support? And why now, when good financial results are evidenced by acceptable combined ratios on the books of business? Part of the reason is that the world that surrounds and heavily influences insurance is rapidly changing. And at the same time, there are changes taking place inside the industry. But, the need to grow profitably with new risks continues. The fact is, the more accurately an underwriter is able to assess and price (especially for new risks), the better the outcome for both the risk and the portfolio. Competitors are not standing still. SMA s recent research, 2015 Strategic Initiatives: Making sense of the shifts, shows the adoption rate is picking up, with 26% of commercial lines insurers investing in underwriting solutions. Reward and Risk Thanks to maturing and emerging technologies as well as an abundance of valuable information, there are indeed new ways to accomplish far-reaching underwriting transformation. It is possible to make smarter, more informed decisions by using the new types and sources of data that are currently available. New levels of sophistication in information about risk and customer intelligence are possible. The ability to assemble, massage, and interpret information is creating new opportunities to better assess the risks 2015 SMA All Rights Reserved Page 3
4 and to gain new risk intelligence at the coverage and the portfolio level. There are new ways to keep the methodologies and the tools used by the underwriter current. While these new possibilities are profound, the risk associated with not rethinking the underwriter s desktop is equally profound. Those insurers that fall behind stand to lose major ground in the competitive game. The impact will be experienced in many dimensions. The laggards will likely lack the ability to respond quickly to changing conditions and new opportunities. They will not have the ability to easily and quickly utilize new sources of data, capitalize on social data, and implement new analytic tools. They will find it difficult to scale with market and competitive shifts and nearly impossible to adjust quickly to market and pricing changes in real time. It will become more and more difficult to enforce shifting underwriting guidelines. And the last, but very real risk: seasoned, experienced underwriters are reaching retirement age, and that means a significant loss of underwriting knowledge and skill for the organization. This loss can be difficult to manage because replacement experience and skills are not readily available. Hence, there is another key reason for insurers to deploy more modern underwriter desktops that fully capitalize on new sources of intelligence and insight. Modern Underwriting Business Capabilities Modern underwriting business capabilities offer new levels of efficiency and effectiveness. Powerful next generation desktop solutions deliver advanced risk intelligence a single view of the customer, the risk, and the portfolio that improves productivity, enables better underwriting decisions, and enhances customer relationships. Modern capabilities for the underwriter and underwriting processes offer new levels of efficiency and effectiveness. The possibilities are remarkable, enabling new levels of competitive advantage and the ability to scale to meet changing conditions. Transformation requires more than an enhancement of fundamental underwriting capabilities. Insurers must think differently about tools and automation, viewing capabilities with a new mindset and focusing on how to deliver a better value proposition for the customer and the business. At the heart of underwriting transformation, sits the next generation underwriting workstation. These powerful desktop solutions are able to deliver next generation business capabilities by providing a more comprehensive view of risk assessment and risk analysis combined with the insights to optimally manage the risk. This advanced risk intelligence enables a single view of the customer, the risk, and the portfolio a single view that improves productivity, enables better underwriting decisions, and enhances customer relationships. The Modern Underwriting Workstation A modern underwriting workstation builds on the foundation of the policy administration platform, extending the value and power of modern policy system investments. Current SMA research shows the support for many of the underwriter s activities for complex risks falls outside the policy administration system. A modern workstation provides support for all these activities. It allows insurers to capitalize on an increasing amount of third-party and social data and to use new tools and technologies that facilitate better processes, better insights, better audit trails, and new approaches to the management of the business. Historical information and insight on trends are readily available. Analytics are applied in real time, delivering analysis that is more current and comprehensive. The modern workstation creates a collaborative working mode with full visibility. It gives 2015 SMA All Rights Reserved Page 4
5 insurers the ability to capitalize on mapping and geospatial location intelligence, predictive analytics, and advanced models creating an optimized and innovative underwriting environment for complex risks. Foundation of Information and Insight The foundation for a next generation underwriting workstation is information and insight. The workstation itself must be able to capitalize on that information and insight with intuitive, intelligent, and interconnected competencies. Intuitive The intuitive capabilities of a modern underwriting workstation give underwriters just the right additional information and insight, with an appropriate level of automation for each risk and activity. Intuitive business competencies make it easier to understand what particular data, information, processing support, and tools the underwriter needs to best assess and address a particular risk at a particular point in time. Intuitive capabilities provide an underwriter with guided flexibility to make real-time adjustments and fine tune rules and pricing based on specialized knowledge of the risk, client, and portfolio. Intelligent The intelligence capabilities of a modern underwriting workstation can significantly augment the expertise and experience of the underwriter by incorporating and taking advantage of new sources of data and innovative models. The advanced functionality enables underwriters to apply additional intelligence and consequently make better decisions. At the same time, controlled discipline is applied, resulting in process and pricing consistency, proper controls, override with reason, automatic referrals, and more. Interconnected The interconnection capabilities of a next generation underwriting workstation make it possible to connect seamlessly with everything an underwriter needs. The workstation performs as an integration hub, connecting the flow of any data (incoming and/or outgoing) to any system facilitating an easy and complete plug-and-play connection to manual checklists, common and specialized data sources, policy and other core systems, and more all without rekeying or duplicating data. The integration extends easily to automated workflow, document management systems, and various other processes, systems, and tools. Information and Insights There is real business value in the information and insights that a modern underwriting workstation is able to deliver. New types of data can be exploited, including third-party data. Additional and more advanced analytics can be leveraged. A wide variety of new models can be considered. More advanced levels of business management are possible at both the risk and portfolio level. Powerful visualization, thanks to sophisticated mapping and location intelligence, helps drive improved judgment and decision SMA All Rights Reserved Page 5
6 Modern Underwriting Technology Capabilities The technical requirements of a modern underwriting workstation expand beyond what a modern policy administration solution (PAS) is designed to provide. The technology requirements include a risk intelligence platform that allows easy integration with tools, spreadsheets, models, and external data. This platform needs to support an environment that integrates easily with internal systems and data sources and models as well as external data sources. The platform makes it simple to capitalize on maturing and emerging technologies such as those that deliver location intelligence and geospatial and mapping insights. The Fundamentals The fundamental requirements for modern underwriting technology capabilities are shown in Figure 1. Figure 1. Modern Underwriting Technology Capabilities The required technical capabilities of a modern or next generation underwriting workstation include: Source: Strategy Meets Action 2015 Configurable workflows and rules engines The workstation must use modern configuration tools. By augmenting rules-based workflow management with analytics and intelligence, the management of workflows can be much more dynamic. The routing of work and the assignment of cases can be automatically orchestrated based on accurate knowledge and system-generated wisdom from automated underwriting guidelines and rules. Modern platform and real-time synchronization The workstation must be fully integrated with quote, policy, billing, claims, financial, social, and demographic data as well as data from other public data sources and analytic models. Examples include CAT models, flood and geospatial mapping, and emerging technologies. Flexibility is of the utmost importance. This means leveraging SOA principles so that 2015 SMA All Rights Reserved Page 6
7 plug-and-play solutions can be integrated and deployed quickly and there can be an easy exchange of data from a wide variety of sources. It must be possible to dynamically integrate new and real-time data, as well as big data. For most insurers, this ability to dynamically integrate new information and new models is a major difference-maker one that has the potential to significantly impact outcomes. Advanced business intelligence dashboards, alerts, and analytics The modern workstation should give insurers the flexibility to integrate any and all data sources, models, and analytics to provide advanced decision making and enhance visibility in the area of risk assessment and pricing. Advanced user experience platform The interaction between the underwriter and the system is extremely important. The workstation must use modern user experience technologies and responsive design principles making it possible to work on any device and any platform as well as connect to different back-end systems and data sources. The workstation must have the power to deliver a user experience that is practical, effective, meaningful, and valuable. Underwriters should perceive the workstation as a welcome assistant, one that is easy to use and efficient in helping them do their jobs. Finding the Right Approach Finding the right solution approach can be a complex undertaking. Custom-built solutions for modern underwriting workstations can offer many advantages and in many cases, provide a powerful approach to extending capabilities to meet distinct business needs. Finding the right solution approach can be a complex undertaking. It is important to consider the IT environment, the state of the policy administration systems being used, and the level of risk analysis that is being conducted by the underwriter outside of the policy administration system. For most insurers, given the complexity of needs and environments, packaged software is not always the optimal solution. Custom-built solutions for modern underwriting workstations can offer many advantages and in many cases, provide a powerful approach to extending capabilities to meet distinct business needs. Customized approaches allow insurers to tackle particular business challenges and address specialized opportunities with a focus on the exact competencies that meet the needs of their unique situations. About L&T Infotech L&T Infotech is a fully-owned subsidiary of Larsen & Toubro (L&T), a $14.5B engineering and technology conglomerate that is one of India s oldest and most respected companies. Founded over 75 years ago by two Danish engineers, L&T has built a reputation as a financially sound organization, possessing a strong engineering culture, driven by worldclass process and quality standards, and governed by a values-based management style. L&T Infotech Company Overview Headquartered in Mumbai, India, L&T Infotech operates through 14 delivery centers and 22 sales offices around the globe. With annual revenues of about $850M and over 18,000 employees globally, L&T Infotech is organized along industry verticals and has focused its energies on providing premier technology services to its chosen market SMA All Rights Reserved Page 7
8 With over 3000 associates serving more than 20 leading insurance players globally, the dedicated insurance business unit offers a wide range of IT solutions and services. This unit is the fastest growing vertical within L&T, experiencing a CAGR of over 30% for the last ten years, with over 90% repeat business. AccuRUSI Breadth and Functionality L&T Infotech offers AccuRUSI (Accurate Risk Underwriting through Systems Integration), an underwriting workbench solution that creates a unified work environment for the underwriter. This solution, comprised of customizable components and framework rather than traditional package software, offers insurers business value in a variety of ways: enhanced accuracy in risk selection and pricing; improved underwriting productivity and responsiveness; and greater consistency and control over underwriting processes, risk visualization, and accelerated development. L&T Infotech s goal for the AccuRUSI underwriting workbench solution is to transform the underwriting function by bringing rigor, efficiency, and control to processes by leveraging advances in technology and data availability. L&T Infotech s goal is to transform the underwriting function by bringing rigor, efficiency, and control to processes by leveraging advances in technology and data availability. The solution provides a very strong integration platform and a single, unified workbench that can review and record every detail related to the underwriting process. With AccuRUSI, underwriters save time in gathering data and are able to focus more on analysis and decision-making with the help of automated intelligent alerts and enforcement of controls. AccuRUSI capabilities include: Advanced Risk Analytics Comprehensive assessment of account and risk quality and quantification of risk through scoring engines. Geocoding, hazard data, and mapping of perils. Risk accumulation management for multiple perils, regions, and lines of business. Case profiling and cloning, risk warnings, and streamlined processing for consistent and informed underwriting decision making. Business and operational health check monitoring through performance dashboards. Unified and Productive Work Environment Truly integrated platform for all underwriting processing needs and data analysis. Real-time underwriting enabled by effective task and workflow management with risk alerts and notifications. Seamless extension of the policy administration environment and business processes. Collaboration between underwriters and also with other stakeholders. Automated case prioritization and assignment. Delightful User Experience Tablet-friendly and underwriter-friendly screen design and navigation. Underwriting-centric functional design elements such as SANG (Status, Alert, Notes, and Guidelines) SMA All Rights Reserved Page 8
9 Plug-ins for Microsoft Outlook, configurable rules engine, and workflow controls. ACORD-based integration adaptors with core systems. AccuRUSI offers flexible and configurable components that jump-start a customized development cycle for building an advanced underwriting solution. The solution provides prebuilt business capabilities and a platform for technology components SMA All Rights Reserved Page 9
10 Strategy Meets Action Commentary The benefits of next generation underwriting workstations are quantifiable and real. The cost of waiting is high. Now is the time when insurers should be viewing underwriting capabilities with a fresh mindset. It is important to reimagine and rethink what a next generation underwriting workstation is capable of delivering to consider the total business value proposition driving competitive advantage and profitable growth. When, where, and how to start? When? Now, if not yesterday. Where? First, understand what is indeed possible with the offerings available today and look at what will be possible in the not-too-distant future. Then, set priorities and use business terms to describe the capabilities that go on the priority list. It is important to agree on what is most urgent. That agreement is easier to reach when business professionals and IT professionals can have a meaningful conversation. Next, understand and evaluate the solution options. Determine the path that best fits the needs of your organization, and then just get started. And, how to start? For some insurers, particularly those with strong strategic planning organizations in place, it is simply a matter of shifting focus to the possibilities for underwriting. For others, it might help to bring in expertise to articulate the possibilities and connect their value to the unique characteristics and goals of your company. Helpful guidance is available via research and advisory companies, such as SMA, and from service providers that currently offer advanced solutions, such as L&T Infotech. The important thing is to make progress one way or another! Time is of the essence. About Strategy Meets Action Strategy Meets Action (SMA) is dedicated to helping the business of insurance modernize, optimize, and innovate for competitive advantage. Exclusively serving the insurance industry, SMA blends unbiased research findings with expertise and experience to deliver business and technology insights, research, and advice to insurers and IT solution providers. By leveraging best practices from both the management consulting and research advisory disciplines, we take a unique approach offering an unrivaled set of services, including retainers, research, consulting, events, and innovation offerings. This SMA Perspective is a summary of SMA s ongoing research on underwriting and the modernization of legacy environments. L&T Infotech has purchased distribution rights for summary results of selected research and opinion. Additional information on SMA can be found at Contact the author Deb Smallwood, SMA Founder at or dsmallwood@strategymeetsaction.com SMA All Rights Reserved Page 10
Insurance Underwriting. in the age of Data Super-Abundance
Underwriters are increasingly expected to manage their underwriting activities efficiently. This also includes developing profitable book of business, and AccuRUSI TM is an Underwriting Workbench solution
More informationClaims Transformation:
Claims Transformation: New Benefits via New Paths Featuring as an example: L&T Infotech Author: Denise Garth, Partner Published Date: February, 2015 This perspective is based on SMA s ongoing research
More informationFeaturing as an example: NexJ Systems
The Customer-Centric Insurer: Realizing the Full Potential of Customer Relationships Featuring as an example: NexJ s An Authors: Deb Smallwood, Founder Mark Breading, Partner Published Date: December,
More informationAutomating Data Intake Process in Commercial Underwriting Author : Amit Unde
Whitepaper Automating Data Intake Process in Author : Amit Unde - Contents 1. Data Intake Problem in Commercial Insurance 03 2. Metamodel-driven Solution 04 3. Business Benefits 4. About the Author 5.
More informationEnabling Collaboration in Insurance
Enabling Collaboration in Insurance The Role of Communications, Content, and Processes Mark Breading SMA Partner Strategy Meets Action Table of Contents The Promise of Collaboration... 3 Seeking Differentiation
More informationInsurance Outsourcing Services
BUSINESS PROCESS OUTSOURCING INSURANCE Insurance Outsourcing Services Delivering Measurable Results 2 Introduction Insurers want to keep pace with emerging industry trends and adapt quickly to new market
More informationBusiness Process Services: A Value-Based Approach to Process Improvement and Delivery
WHITE PAPER Business Process Services: A Value-Based Approach to Process Improvement and Delivery In this white paper, we examine how your business can be improved through business process services. Business
More informationDisclosure Management
Disclosure Management Collaborative report production management combining numbers with narrative Overview Many companies have experienced growing pains in recent years with both internal and external
More informationPRODUCT SHEET. FIS Commercial Loan Origination
PRODUCT SHEET FIS Commercial Loan Origination 2 FIS Commercial Loan Origination Digitize your Corporate and Commercial Loan Process For many organizations the commercial loan origination process represents
More informationDNBi Risk Management. Unparalleled Data Insight to Drive Profitable Growth
DNBi Risk Management Unparalleled Data Insight to Drive Profitable Growth DNBi is a powerful, web-based credit risk management solution that offers Dun & Bradstreet s world-class data and robust predictive
More informationQuantifying the Value of Investments in Micro Focus Quality Center Solutions
Dynamic Value Brief Application Delivery Management Quantifying the Value of Investments in Micro Focus Quality Center Solutions Manage software testing and IT quality management with consistent processes
More informationTHE FUTURE OF PROCESS HAS BEGUN
THE FUTURE OF PROCESS HAS BEGUN Get There Faster. Millions rely on ARIS when it comes to designing, publishing, analyzing and optimizing their processes. Now, ARIS 9 brings you even more innovations to
More information6 Core Building Blocks of a Group Benefits Underwriting Application
6 Core Building Blocks of a Group Benefits Underwriting Application POWERING PROFITABLE GROWTH WITH AN INTEGRATED SOLUTION Roger Soppe, CLU Director Industry Principal, Insurance PEGASYSTEMS Non-linear
More informationCisco Tidal Enterprise Reporter
Cisco Tidal Enterprise Reporter Introduction IT operations that focus on the automation of business processes involve integrating a wide range of custom and enterprise applications and the infrastructure
More informationDigital transformation in underwriting: what it means and how to get there
Digital transformation in underwriting: what it means and how to get there Every part of the insurance industry is talking about digital transformation. Underwriting, the traditional heart of the insurance
More informationIntelligent Payment Management for Today and Tomorrow Technology Advancement to Navigate the Converging Payments Landscape
Intelligent Payment Management for Today and Tomorrow Technology Advancement to Navigate the Converging Payments Landscape Adapting to the Evolution of Payments The payments industry has evolved extensively
More informationSCALE SUPPLY CHAIN TECHNOLOGY THAT S SCALED TO FIT AND READY TO RUN MANHATTAN
MANHATTAN SCALE SUPPLY CHAIN TECHNOLOGY THAT S SCALED TO FIT AND READY TO RUN Today s commerce revolution has created unprecedented challenges for companies seeking to meet the ever-changing demands of
More informationEntuity Delivers a Unified Solution and Proactive Management to Dell Services
Entuity Delivers a Unified Solution and Proactive Management to Dell Services For more than two decades, Dell Services (formerly Perot Systems) has been a worldwide provider of information technology services
More informationCRM in the World of Buyer 2.0
CRM in the World of Buyer 2.0 CRM in the World of Buyer 2.0 Professional selling has never been more challenging. A confluence of factors has created a sales environment that is faster paced and more complex
More informationUnified Employee Desktop. Best Practice Guide
Unified Employee Desktop Best Practice Guide Table of Contents Introduction... 3 1. Decide Where to Start... 4 2. Design Your Process... 4 3. Deploy Your Integration Strategy... 5 4. Use Contextual Knowledge
More informationAchieving Product Agility: Configurability is Key
Achieving Product Agility: Configurability is Key Table of Contents Overview 3 Context 4 The Configurability Strategy 4 Product Development Process: Opportunities For Improvement 5 Product Development
More informationSix business challenges addressed by ENTERPRISE RESOURCE PLANNING
Six business challenges addressed by ENTERPRISE RESOURCE PLANNING Introduction An Enterprise Resource Planning (ERP) system is a single, integrated, software platform designed to consolidate information
More informationSmarter, Deeper Data. Inspired, Strategic Growth 1,678. Low 3,455. Failure Risk. Moderate 2,957. High 1,965 8,766. Low. Moderate 2,957.
APR 014 MAY JUN JUL 2 Smarter, Deeper Data Low 3,455 Del Moderate 1,678 Inspired, Strategic Growth Moderate 2,957 200 45 ow Risk High 25-250 termined 90 80 70 60 8,766 1,965 475 50 40 30 Low Low 3,455
More informationMathcad : Optimize your design and engineering process.
Mathcad : Optimize your design and engineering process. Where engineering excellence begins. ENGINEERING CALCULATION SOFTWARE Solve, document, share and reuse vital engineering calculations. Engineering
More informationYARDI Marketing Suite. Smarter Solutions for Places that Matter
YARDI Marketing Suite Smarter Solutions for Places that Matter Places that Matter Every day you are interacting with prospects and residents who are looking at your community as a place to call home. We
More informationManage the Risk Rating Process
Manage the Risk Rating Process CreditQuest Manage the Risk Rating Process Rating Manager: CreditQuest Rating Manager is a highly flexible software solution that enables financial institutions to deploy
More informationInfor SunSystems. Grow with flexibility. Integrate
Financial Management Infor SunSystems Grow with flexibility To succeed in today s global business environment, you need a financial management system (FMS) that seamlessly transcends borders, languages,
More informationCONSUMERS ARE DRIVING DIGITAL DISRUPTION, AND THEY WANT MORE ACCENTURE LIFE INSURANCE & ANNUITY PLATFORM (ALIP) NEW BUSINESS AND UNDERWRITING
CONSUMERS ARE DRIVING DIGITAL DISRUPTION, AND THEY WANT MORE ACCENTURE LIFE INSURANCE & ANNUITY PLATFORM (ALIP) NEW BUSINESS AND UNDERWRITING CONSUMERS ARE DRIVING DIGITAL DISRUPTION, AND THEY WANT MORE
More informationBRINGING DATA TO LIFE Increase your organization s digital IQ and optimize performance through data analytics
BRINGING DATA TO LIFE Increase your organization s digital IQ and optimize performance through data analytics BE SMARTER, WORK FASTER AND PERFORM BETTER Digital is not software. It s a mindset. Your organization
More informationKPMG International. kpmg.com
KPMG Clara A smart audit platform Bringing together our powerful data & analytics capabilities, innovative new technologies and proven audit workflow, we introduce our new smart audit platform KPMG Clara.
More informationSUPPORT SERVICES FOR DELL EMC VXBLOCK SYSTEMS, VBLOCK SYSTEMS, AND VXRACK SYSTEMS
SUPPORT OVERVIEW SUPPORT SERVICES FOR DELL EMC VXBLOCK SYSTEMS, VBLOCK SYSTEMS, AND VXRACK SYSTEMS Dell EMC provides a range of support options to match your business objectives and preferred support experience.
More informationStriking the Balance Between Risk and Reward
Experience the commitment Striking the Balance Between Risk and Reward in payments modernization Staying competitive in financial services requires meeting everincreasing customer expectations for digital
More informationKPMG International. kpmg.com
KPMG Clara A smart audit platform Bringing together our powerful data & analytics capabilities, innovative new technologies and proven audit workflow, we introduce our new smart audit platform KPMG Clara.
More informationTHE RMS METAMODELER. Own Your View of Risk
THE RMS METAMODELER Own Your View of Risk Executive Summary Many RMS clients take steps outside of modeling applications to develop their own view of risk running sensitivity tests, adjusting model loss,
More informationDIGITAL CASE STUDIES
DIGITAL CASE STUDIES 1 Digital Banking with an Internet-Only Bank Digital banking is at a tipping point, our clients are looking for support to create new digitally disruptive services while complying
More informationThe Future of Workload Automation in the Application Economy
The Future of Workload Automation in the Application Economy Success Requires Agility in the Application Economy The link between data center operations and business agility has never been stronger. If
More informationALLFINANZ Interview Server Simplify the life insurance sales process.
Interview Server Simplify the life insurance sales process www.munichre.com/automation-solutions Interview Server is an underwriting rules engine that gives insurers the ability to automatically underwrite
More informationCertent CDM. Collaborative report production management combining numbers with narrative. Highlights
Certent CDM Collaborative report production management combining numbers with narrative OVERVIEW Many companies have experienced growing pains in recent years with both internal and external reporting
More informationCapgemini and Pega - Here to help you successfully provide a truly connected digital customer experience
Capgemini and Pega - Here to help you successfully provide a truly connected digital customer experience Contents 1. What customer experience is 2. New user behaviors in the experience era 3. Connecting
More informationINDUSTRY OUTLOOK OCTOBER Rethinking ERP for a More Agile World
INDUSTRY OUTLOOK OCTOBER 2012 Rethinking ERP for a More Agile World In a world where agility is essential, IT must respond quickly to business needs rather than being constrained by a single application
More informationDXC Eclipse White Paper. Retail transformation: How retailers can maximize their data to capture more market share
Retail transformation: How retailers can maximize their data to capture more market share 1 Table of contents Smart data solutions 3 How retailers can successfully capture business intelligence 4 Getting
More informationHave You Outgrown Your Old Accounting System? 5 Signs Your Accounting System is Holding You Back
Have You Outgrown Your Old Accounting System? 5 Signs Your Accounting System is Holding You Back Table of Contents Executive Overview... 3 Sign No. 1: You re on an Old Accounting System Release... 4 Sign
More informationThomson Reuters Regulatory Change Management
Thomson Reuters Regulatory Change Management TRACK AND MANAGE THE IMPACT OF REGULATORY CHANGE 2 Thomson Reuters Regulatory Change Management provides your organization with enhanced mapping capabilities
More informationBank Platform. Premier Powering Financial Institutions With Highly Flexible, Integrated and Scalable Technology
Bank Platform Premier Powering Financial Institutions With Highly Flexible, Integrated and Scalable Technology Bank Platform Known for its robust functionality and scalability, Premier from Fiserv is
More informationMathcad : Optimize your design and engineering process.
Mathcad : Optimize your design and engineering process. Where engineering excellence begins. ENGINEERING CALCULATION SOFTWARE Solve, document, share and reuse vital engineering calculations. Engineering
More informationGain Greater Insight and Facilitate Actions. Brochure Analytics & Big Data
Analytics & Big Data Gain Greater Insight and Facilitate Actions Micro Focus Smart City Rapid Deploy Solution provides a path to safer cities. Gain Greater Insight and Facilitate Actions Safety Challenges
More informationAchieving Application Readiness Maturity The key to accelerated service delivery and faster adoption of new application technologies
WHITE PAPER Achieving Application Readiness Maturity The key to accelerated service delivery and faster adoption of new application technologies Achieving Application Readiness Maturity Executive Summary
More informationSOLVE PROBLEMS FASTER 4 WAYS TO EMPOWER YOUR IT SERVICE MANAGEMENT
SOLVE PROBLEMS FASTER 4 WAYS TO EMPOWER YOUR IT SERVICE MANAGEMENT Introduction THE IT OPPORTUNITY Technology is driving much of the innovation in business today. As a result, the potential for IT departments
More informationHave You Outgrown Your Old Accounting System? 5 Signs Your Accounting System is Holding You Back
Have You Outgrown Your Old Accounting System? 5 Signs Your Accounting System is Holding You Back Table of Contents Executive Overview... 3 Sign No. 1: You re on an Old Accounting System Release... 4 Sign
More informationRetail Loan Origination Solution
Solution Sheet Retail Loan Origination Solution Financial institutions across the globe are witnessing waves of changes sweeping across the Retail Loan Origination Process. There is a felt need for dynamic
More informationAchieve Powerful Business Benefits by Streamlining Document Workflows
INSURANCE BEST PRACTICES Achieve Powerful Business Benefits by Streamlining Document Workflows 2016 Hanover Research FORCES RESHAPING THE INSURANCE INDUSTRY World class insurance organizations have two
More informationTHE CUSTOMER EXPERIENCE MANAGEMENT REPORT & RECOMMENDATIONS Customer Experience & Beyond
www.sandsiv.com THE CUSTOMER EXPERIENCE MANAGEMENT REPORT & RECOMMENDATIONS TM 1 Customer Experience & Beyond www.sandsiv.com TM Customer Experience & Beyond Legal Notice: Sandsiv 2015. All Rights Reserved.
More informationReimagine Risk Management
Own the risk. Reimagine Risk Management The challenges today s risk managers face are relentless. Losses seem to grow larger with each new event. Nonmodeled sources of risk emerge and reveal new vulnerabilities.
More informationinnovationlab CREATING TOMORROW S SOLUTIONS TODAY
innovationlab CREATING TOMORROW S SOLUTIONS TODAY Your Hub for Innovation Get Future Ready ReSource Pro s Innovation Lab is where we transform ideas into actionable initiatives to impact your business.
More informationIBM Sterling B2B Integrator
IBM Sterling B2B Integrator B2B integration software to help synchronize your extended business partner communities Highlights Enables connections to practically all of your business partners, regardless
More informationTaking Operational Decision Management to the Next Level
IBM Software Intelligent Business Process Management Taking Operational Decision Management to the Next Level Taking Operational Decision Management to the Next Level Recognize opportunity and risk - and
More informationZE believes that the only way to grow is to act honestly, with integrity, and with the customer s best interests in mind.
About ZE ZE Areas of Expertise Software services Implementation services Consulting expertise Project management ZE PowerGroup Inc. (ZE) is a leading software development and consulting firm headquartered
More informationService management solutions White paper. Six steps toward assuring service availability and performance.
Service management solutions White paper Six steps toward assuring service availability and performance. March 2008 2 Contents 2 Overview 2 Challenges in assuring high service availability and performance
More informationCASE STUDY LEADING SUPPLY CHAIN VISIBILITY COMPANY OVERHAULS INFRASTRUCTURE TO DELIVER REAL-TIME CARGO MONITORING AND SECURITY ACROSS THE GLOBE
CASE STUDY LEADING SUPPLY CHAIN VISIBILITY COMPANY OVERHAULS INFRASTRUCTURE TO DELIVER REAL-TIME CARGO MONITORING AND SECURITY ACROSS THE GLOBE INTRODUCTION A world-leader in supply chain visibility originally
More informationInfor PM 10. Do business better.
Infor PM 10 Infor PM is designed for companies in all industries that seek to better monitor, measure, and manage their business performance in real time. Do business better. The speed, complexity, and
More informationSphera is the largest global provider
About Sphera Sphera is the largest global provider of Integrated Risk Management software and information services with a focus on Environmental Health & Safety (EHS), Operational Risk and Product Stewardship.
More informationManhattan SCALE. Supply Chain Technology That s Scaled to Fit and Ready to Run
Manhattan SCALE Supply Chain Technology That s Scaled to Fit and Ready to Run TODAY S COMMERCE REVOLUTION HAS CREATED unprecedented challenges for companies seeking to meet the ever-changing demands of
More informationCosting Across Global Value Chains: SAP Product Lifecycle Costing
Costing Across Global Value Chains: SAP Product Lifecycle Costing CIMdata Commentary Key takeaways: Global value chains are a fact of life in most industries today, and developing accurate cost estimates
More informationWHITE PAPER. Managing the Intelligence Life Cycle: Title A More Effective Way to Tackle Crime
WHITE PAPER Managing the Intelligence Life Cycle: Title A More Effective Way to Tackle Crime ii Contents Executive Summary... 1 Organizational Drivers for a Flexible Framework... 1 Facing Up to the Challenges...
More informationTravena. The travel arena for professionals
Travena The travel arena for professionals 2 Amadeus Travena Book anywhere, anytime with a personalised, web-based platform Behold the booking (r)evolution Welcome to Amadeus Travena a powerful web-based
More informationEnhancing productivity. enabling Success. Sage CRM
Enhancing productivity. enabling Success. Sage CRM Customer Relationship Management Customer Relationship Management (CRM) is far more than just a software application. It is a business solution that gives
More informationNAVIGATING DECISIONS. ACCELERATING RESULTS. Optimizing Enterprise Data for Better Business Insights
NAVIGATING DECISIONS. ACCELERATING RESULTS. Optimizing Enterprise Data for Better Business Insights PRODUCT DEVELOPMENT IS AT THE CORE OF EVERYTHING WE DO WHY TATA TECHNOLOGIES? Tata Technologies leverages
More informationSolution Overview Enabling the efficient management of justice
Enabling the efficient management of justice Legal Case Management System Legal agencies are looking for solutions that will enhance business performance, increase citizen engagement, and improve service
More informationSAP BusinessObjects Business Intelligence
SAP BusinessObjects Business Intelligence Increase Business Agility with the Right Information, When & Where it is Needed Disruptive innovation has resulted in a revolutionary shift in the way enterprises
More informationTransform your legal function from inside out. _
Transform your legal function from inside out. Using the best AI technology in the market from IBM Watson, our platform breaks down traditional barriers and limitations around documents to give you seamless
More informationFinancial Services Compliance
Financial Services Compliance Amidst frequently changing regulations, heightened risk, and a growing volume of disparate data, compliance has become complex, inefficient, and costly. Mitigating new risk
More informationBank Platform. Signature A Fully Customizable and Feature-Rich Banking Platform for a Sharper Competitive Edge
Bank Platform Signature A Fully Customizable and Feature-Rich Banking Platform for a Sharper Competitive Edge Fiserv is the U.S. market leader in account processing services. More than one-third of U.S.
More informationINFOR PM 10 DO BUSINESS BETTER. LEVERAGE EXPERIENCE.
Infor PM is designed for companies in all industries that seek to better monitor, measure, and manage their business performance in real time. INFOR PM 10 DO BUSINESS BETTER. The speed, complexity, and
More informationCAPITAL MARKETS TRANSFORMATION. Pathways to Operations Control Value
CAPITAL MARKETS TRANSFORMATION Pathways to Operations Control Value WHITE PAPER Reconciliation as the catalyst The continued confluence of regulatory changes, market pressures and an increased demand for
More informationEnd-to-end Business Management Solution for Small to Mid-sized Businesses
End-to-end Business Management Solution for Small to Mid-sized Businesses Successfully manage and grow your business with a comprehensive, simple, total business management solution for SMBs. The SAP Business
More informationBe Remarkable. CONTRACT LIFECYCLE MANAGEMENT SOFTWARE. Software Overview OVERVIEW. Additional Available Professional Services
Be Remarkable. CONTRACT LIFECYCLE MANAGEMENT SOFTWARE Software Overview Greatly improves management of contracts and business agreements across your entire enterprise, maximizing the value of each and
More informationDeloitte Accelerated Value: SaaS innovation for the digital core. Extending the potential of core systems, addressing tomorrow s needs
Deloitte Accelerated Value: SaaS innovation for the digital core Extending the potential of core systems, addressing tomorrow s needs SaaS innovation for the digital core Extending the potential of core
More informationMaking business life easier
Commitment to our clients Making business life easier Running a business can be a challenge. At MYOB we aim to make business life easier for our clients by providing business management solutions. We have
More informationBenefits of Industry DWH Models - Insurance Information Warehouse
Roland Bigge 02.11.2013 Benefits of Industry DWH s - Insurance Information Agenda Introduction to Industry DWH s Drivers, Challenges and Opportunities Insurance Information (IIW) Details IIW Value Proposition
More informationOneShield Enterprise Solutions: OneShield Claims. Simplify and automate every stage of your claim lifecycle
Component Data Sheet OneShield Enterprise Solutions: OneShield Claims Simplify and automate every stage of your claim lifecycle OneShield Software s robust, flexible and easily configurable enterprise-class
More informationThe Insurance Fraud Race Using Information and Analytics to Stay Ahead of Criminals. Copyright 2010, SAS Institute Inc. All rights reserved.
The Insurance Fraud Race Using Information and Analytics to Stay Ahead of Criminals 1 Copyright 2010, SAS Institute Inc. All rights reserved. Presenters Deborah Smallwood Founder, Strategy Meets Action
More informationU.S. Bank Access Online
U.S. Bank Access Online Overview U.S. Bank Access Online provides organizations with real time access to their commercial card programs anywhere, anytime, within a secured environment. This powerful proprietary
More informationReach new levels. Seize new opportunities. SOLUTION OVERVIEW: Group & Voluntary Benefits
Reach new levels. Seize new opportunities. SOLUTION OVERVIEW: Group & Voluntary Benefits Hazards ahead. The road is fraught with uncertainty. Shifting Costs Employers are transferring choice and responsibility
More informationAlchem-e CCM Platform HELPING TO IMPROVE PERFORMANCE THROUGH INFORMATION
TM Alchem-e CCM Platform HELPING TO IMPROVE PERFORMANCE THROUGH INFORMATION We all recognize that today s organizations are under continual pressure to do a lot more with a lot less. We also know that
More informationATTRACT MORE BUSINESS AND ENHANCE RELATIONSHIPS WITH SELF-SERVICE ALIP PORTAL
ATTRACT MORE BUSINESS AND ENHANCE RELATIONSHIPS WITH SELF-SERVICE ALIP PORTAL PROVIDE SIMPLICITY AND SELF-SERVICE FOR AGENTS AND POLICYHOLDERS FROM CHANNEL MANAGEMENT TO CUSTOMER RELATIONSHIP MANAGEMENT,
More informationInfor Distribution SX.e
Distribution Infor Distribution SX.e Deliver more With a constantly shifting business landscape and growing competition from e-tailors, you need to deliver more than what has been traditionally expected
More informationRethinking the way personal computers are deployed in your organization
IBM Global Technology Services August 2009 Rethinking the way personal computers are deployed in your organization Leveraging an innovative, end-to-end model to save time and reduce costs 2 IBM Global
More informationTransforming revenue cycle management. Partnerships for an industryleading
Transforming revenue cycle management Partnerships for an industryleading revenue cycle Introduction Transforming revenue cycle management Traditional approaches to managing the revenue cycle will need
More informationDeltek Vision. for Consulting Firms.
Deltek Vision for Consulting Firms www.deltek.com/vision Deltek Vision A Higher Level of Integration, Collaboration and Success Managing the profitability of an engagement-based business requires instant
More informationOptanix Platform The Technical Value: How it Works POSITION PAPER
Optanix Platform The Technical Value: How it Works POSITION PAPER Table of Contents The Optanix Clean Signal... 3 Active IT Managed Services... 4 Data Acquisition and Monitoring... 6 The Ingestion Engine...
More informationBoost your back-end performance with low-risk implementation of high-value solutions.
Insurance Policy Administration Boost your back-end performance with low-risk implementation of high-value solutions. Streamline your policy lifecycle management process from end to end. Reach new levels
More informationFROM PERCEPTION TO MEASURED REALITY. Leverage Analytics to Improve Clinical & Economic Outcomes 1 A 5-MINUTE EXECUTIVE BRIEF FROM ECOLAB HEALTHCARE
FROM PERCEPTION TO MEASURED REALITY Leverage Analytics to Improve Clinical & Economic Outcomes 1 A 5-MINUTE EXECUTIVE BRIEF FROM ECOLAB HEALTHCARE A UNIVERSAL TRANSFORMATION Turning Data into Actionable
More informationEnhancing productivity. Enabling success. Sage CRM
Enhancing productivity. Enabling success. Sage CRM Customer Relationship Management Customer Relationship Management (CRM) is far more than just a software application. It is a business solution that gives
More informationClinical Telepharmacy
Clinical Telepharmacy Proven Solutions to Drive Pharmacy Value Extend your Pharmacy s impact on the health of your organization and the population you serve with advanced technology solutions and best
More informationInsurance Engage with the Emerging
Insurance Engage with the Emerging A new age of intelligent insurance, for a new breed of smart insurer Minimizing complexity. Unlocking agility. Propelling growth. For many insurance providers, business
More informationCORVINA CORE VALUE INSURANCE ADMINISTRATION. Start Your Vision
CORVINA CORE VALUE INSURANCE ADMINISTRATION Start Your Vision DIG Digital technologies are poised to reconfigure insurance processes within all lines of business. Insurers that choose a traditional approach
More informationBack Office System. The most advanced and modern tolling and transportation system in the market.
US Kapsch TrafficCom Back Office System. The most advanced and modern tolling and transportation system in the market. The Kapsch Next Generation Back Office is integrated by a set of interconnected modules
More informationEnabling Transformation in Insurance
Solution Sheet Enabling Transformation in Insurance The insurance industry continues to grow and is slated to achieve 3.3% compound annual growth rate by 2020. In an effort to leverage the general positive
More informationCENTRE (Common Enterprise Resource)
CENTRE (Common Enterprise Resource) IT Service Management Software designed for ISO 20000 ITSM ISO/IEC 20000 is the international IT Service Management (ITSM) standard that enables IT organizations (whether
More informationComprehensive Enterprise Solution for Compliance and Risk Monitoring
Comprehensive Enterprise Solution for Compliance and Risk Monitoring 30 Wall Street, 8th Floor New York, NY 10005 E inquiries@surveil-lens.com T (212) 804-5734 F (212) 943-2300 UNIQUE FEATURES OF SURVEILLENS
More information