Regulators must force banks to overhaul complex IT infrastructures which risk causing further large-scale system outages, IT trade body Intellect has urged. The UK’s financial IT infrastructure is no longer fit for purpose and risks ...
Tags: IT infrastructure, IT trade, financial IT infrastructure
The UK's financial services sector needs urgent investment in its IT infrastructure in order to identify and mitigate systemic risks,according to a report by the trade association for the UK technology sector,Intellect. In its Biting the ...
Tags: Banks, IT infrastructure, financial system, RBS
Property and casualty insurance software solutions provider Cover-All Technologies has unveiled new policy conversion studio, to convert policies from legacy systems to Cover-All Policy on renewal. Cover-All president Manish Shah said, ...
Tags: property insurance, casualty insurance, legacy system, insurance service
Together Housing has saved pound 500,000 by moving to a virtualised server environment. The group was formed from six other associations, all with their own legacy systems. The association is responsible for more than 35,000 homes. The ...
Nearly three quarters of enterprises in Europe are planning to increase spending on software-as-a-service (SaaS) over the next two years, as adoption of cloud-based solutions gathers pace across the globe. According to an new survey by ...
Tags: Europe, SaaS, next two years
Canada-based insurance provider, Intact Financial Corporation has implemented Guidewire ClaimCenter as its new solution to manage all of its commercial and personal lines' claims. Intact Financial Corporation Claims senior vice president ...
Tags: insurance, Intact Financial Corporation, Guidewire ClaimCenter
Maryland-based The Injured Workers' Insurance Fund (IWIF) has deployed FirstBest Underwriting Management System (UMS) and FirstBest Agent to help enhance its underwriting profitability and also further improve its agent service. IWIF CPA ...
Tags: IWIF, FirstBest UMS, Agent Portal
American National Property And Casualty Company (ANPAC), Farm Family Casualty Insurance Company have selected Guidewire ClaimCenter to meet the specific needs for claims management, which will increase their operational efficiencies and ...
Independent specialist broker, BMS has selected Sequel to run its insurance and reinsurance broking systems in the London market, the US and Bermuda. According to the brokerage firm, BMS will change all its legacy systems with just one ...
Tags: BMS, trading platform, Sequel software
Mitsui Direct General Insurance Company, a Japanese direct general insurer has deployed Guidewire ClaimCenter as its new claims management system to further enhance its customer service quality, improve productivity and make significant ...
Tags: Mitsui Direct General Insurance Company, customer service
The Navy Mutual Aid Association has chosen the Accenture Life Insurance Platform, the life and annuity insurance software suite from Accenture. The new platform supports Navy Mutual's life and annuity product configuration, new business, ...
Tags: Navy Mutual Aid Association, Accenture Life Insurance Platform
Irish IT Consulting and Managed Services firm Version 1 has entered into a strategic partnership with TIA Technology, to offer services to Ireland's insurance and financial market. The partnership is expected to deliver complete ...
Tags: TIA Technology, Version 1, Ireland insurance, financial market
If you had an unlimited budget, and could build your office building from scratch, no doubt you'd have the most sophisticated, flexible, inexpensive systems possible. Heating and cooling would work flawlessly, and every piece of equipment ...
Tags: office, office building, sustainable office, office space
Germany-based CGS Publishing Technologies, a provider of digital proofing, color management and production workflows, has announced the official UK launch of its ORIS Flex Pack // Web contract proofing solution. The new bundled package ...
Tags: digital proofing, color management, production workflows, bundled package
IDG News Service - The U.S. Air Force has decided to scrap a major ERP (enterprise resource planning) software project after spending US$1 billion, concluding that finishing it would cost far too much more money for too little gain. ...