Report of Foreign Issuer (6-k)
April 20 2015 - 6:08AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of April, 2015
Commission File Number 000-20181
SAPIENS INTERNATIONAL CORPORATION N.V.
(Translation of Registrant’s name
into English)
c/o Landhuis Joonchi
Kaya Richard J. Beaujon z/n
P.O. Box 837
Willemstad,
Curaçao
(Address of Principal
Executive Office)
Indicate by check mark whether the registrant files or will
file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F x
Form 40-F o
Indicate by check mark if the registrant is submitting the Form
6-K in paper as permitted by Regulation S-T Rule 101(b)(1): o
Indicate by check mark if the registrant is submitting the Form
6-K in paper as permitted by Regulation S-T Rule 101(b)(7): o
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.
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Sapiens International Corporation N.V. |
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By: /s/ Roni Giladi |
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Roni Giladi |
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Chief Financial Officer |
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Dated: April 20, 2015
Sapiens Retirement Services Eligibility
System for
Defined Contribution Plans Now In Production
Sapiens recently released system enables
an industry-leading plan provider to execute
eligibility rules seamlessly, simplifying the organization’s processes and increasing
operational efficiency
Holon, Israel and Rochelle Park, NJ – April 20, 2015
– Sapiens International Corporation, (NASDAQ and TASE: SPNS), a leading global
provider of software solutions for the insurance and retirement industry, with an emerging focus on the broader financial services
sector, announced today the successful go-live of the eligibility component of the company’s newly developed defined contribution
recordkeeping platform, Sapiens Retirement, which is now supporting an industry-leading Retirement Services company.
The implementation of the eligibility component of the Sapiens
recordkeeping platform follows three years of development. The design of the system is the result of collaboration with industry
leaders, with the objective of supporting a wide range of complex eligibility rules that can be configured by plan providers. The
eligibility rules are executed seamlessly – without manual intervention – and include robust exception-processing techniques.
“We are pleased to announce this successful implementation
of Sapiens Retirement to help plan providers more effectively manage their business and simplify processes. Eligibility determination
is one of the more difficult recordkeeping challenges and the success of this project is an example of how Sapiens can help companies
deliver these services more efficiently and cost-effectively,” said Ron Karam, president of Sapiens U.S. Retirement Services
and Insurance division. “Many firms see benefits to phasing in components, versus immediately embarking on a full platform
replacement.”
Introduced to the market in 2014, Sapiens Retirement is a modern
recordkeeping platform for defined contribution plans. The platform’s capabilities support end-to-end recordkeeping for 401(k),
403b and 457 plans across all market segments. Sapiens’ solution can be deployed as a complete, end-to-end recordkeeping
platform, or as individual components: including plan rules, account structure, payroll management, eligibility determination,
contribution processing and vesting.
“This important milestone of bringing Sapiens Retirement
into production is evidence of Sapiens’ expertise in, and commitment to, this strategic market segment,” said Roni
Al-Dor, president and CEO of Sapiens. “The successful development and deployment of Sapiens Retirement further strengthens
Sapiens’ position as a leading technology provider to the U.S. Retirement Services industry.”
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: 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
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