HOLON, Israel, April 14, 2015 /PRNewswire/ --
Sapiens International Corporation (NASDAQ and TASE: SPNS), a
leading global provider of software solutions for the insurance
industry, with an emerging focus on the broader financial services
sector, today announced outstanding benchmark results for Sapiens
ALIS v6.5, Sapiens' core policy administration suite for the life
insurance, annuities, savings, pension and medical markets.
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The benchmark included 1,600 concurrent online users and 10
million policies, based on a mixed insurance product portfolio
typical of a tier-1 life and annuities insurance company. Sapiens
used IBM SoftLayer technology from the company's Dallas center to build a virtual lab fully
deployed in an IBM cloud environment.
Comprised of both batch and online tests, the benchmark produced
impressive results: the batch run was completed in three hours and
the system achieved a sub-second average screen response time.
"Today's savvy insurance end users and agents expect immediate
service," said Alex Zukerman, vice
president of product marketing and strategy at Sapiens. "Life and
annuity providers need to provide a unique customer experience for
online processing and the ability to connect with external
applications and devices, while supporting the processing of
significant volumes of data without affecting operations."
Zukerman added, "The scale of this benchmark definitively
demonstrates that Sapiens is ready to support all life insurers,
regardless of number of users or policy counts, so they can
consolidate multiple legacy systems and provide personalized
customer experiences. The suite's cloud capabilities offer
customers an alternative to the traditional in-house installation
and provide the flexibility to scale infrastructure as their
businesses grow."
Sapiens ALIS v6.5, a next-generation software suite, enables
life insurers to introduce new products to the market more rapidly
and efficiently. Carriers can leverage the functional and
technology richness embedded in the Sapiens ALIS platform to
achieve their ambitious business goals.
About Sapiens
Sapiens International Corporation (NASDAQ and TASE: SPNS) is a
leading global provider of software solutions for the insurance
industry, with an emerging focus on the broader 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 130 financial services organizations. The Sapiens team of over
1,000 professionals operates through our fully-owned subsidiaries
in North America, the United Kingdom, EMEA and Asia Pacific. For more information:
http://www.sapiens.com.
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