SANDTON, South Africa and
HOLON, Israel, July 24, 2017 /PRNewswire/ --
Sapiens International Corporation, (NASDAQ and TASE: SPNS), a
leading global provider of software solutions for the insurance
industry, with a growing presence in the financial services sector,
announced today that it intends to leverage Microsoft's two new
data centres for its cloud-based services in South Africa.
(Logo:
http://photos.prnewswire.com/prnh/20160803/395300LOGO )
To better service customers looking for an affordable and
flexible option to traditional on-premise IT operations, Sapiens
partnered with Microsoft Azure in 2015. Sapiens ALIS - Sapiens'
core policy administration suite for the life insurance, annuities,
pension, savings and medical markets - and Sapiens IDIT ‒ our
flagship software suite for the short-term insurance market ‒ can
be deployed over Microsoft's secure cloud.
Microsoft has recently officially announced that it is opening
two new cloud data centres in Johannesburg and Cape Town, and this latest development
precedes Sapiens' imminent establishment of its new head office and
an expanded presence in South
Africa.
Insurers and financial services organisations are hesitant, and
many times prohibited legally, from moving sensitive customer data
offshore. These two new centres will enable South African companies
to enjoy the benefits of the cloud ‒ which includes cost savings
from not having to upgrade and then maintain new IT infrastructure
during modernisation projects ‒ while still complying with data
governance and sovereignty regulations.
"Congratulations to Sapiens' partner, Microsoft, on this
exciting news that is expected to foster innovation and create
opportunities in Africa," said
Gary Tessendorf, Sapiens' South
African regional director. "There is interest in the South African
market in the cloud's potential to help insurers remain agile,
while keeping costs low. I am confident that Sapiens' robust
presence in South Africa, the two
new data centres, and the partnership between Microsoft Azure and
Sapiens will build upon each other to help create an ideal solution
for local insurers."
About Microsoft Azure
Microsoft Azure is a growing collection of integrated cloud
services that developers and IT professionals use to build, deploy,
and manage applications through our global network of datacenters.
With Azure, you get the freedom to build and deploy wherever you
want, using the tools, applications, and frameworks of your choice.
For more information:
azure.microsoft.com/en-us/overview/what-is-azure/
About Sapiens
Sapiens International Corporation (NASDAQ and TASE: SPNS) is a
leading global provider of software solutions for the insurance
industry, with a growing presence in the financial services sector.
Sapiens offers core, end-to-end solutions to the global general
insurance, property and casualty, life, pension and annuities,
reinsurance and retirement markets, as well as business decision
management software. The company has a track record of over 30
years in delivering superior software solutions to more than 400
financial services organizations. The Sapiens team of over 2,500
professionals operates through our fully-owned subsidiaries in
North America, the United Kingdom, EMEA and Asia Pacific. For more information:
http://www.sapiens.com.
Investor and Media Contact
Yaffa Cohen-Ifrah
Chief Marketing Officer and Head of Corporate Communications
Sapiens International
Mobile: +1-201-250-9414
Phone: +972-3-790-2026
Email: Yaffa.cohen-ifrah@sapiens.com
SOURCE Sapiens International Corporation