HOLON, Israel and ROCHELLE PARK, New Jersey, May 5, 2015 /PRNewswire/ --
Sapiens International Corporation,
(NASDAQ and TASE: SPNS), a leading global provider of software
solutions for the financial services sector, announced today
that Sapiens Decision Solutions, provider of an
enterprise-scale decision management platform, Sapiens
DECISION, has signed a teaming agreement with Persistent Systems
(Persistent).
(Logo:
http://photos.prnewswire.com/prnh/20120508/531104 )
The collaboration between Persistent, a
global leader in software product development and technology
services for banking and financial services and other industries,
and Sapiens Decisions will provide clients with a competitive
advantage via decision aware application development. Persistent
and Sapiens previously collaborated to achieve seamless integration
between the Appian Platform, a leading application development
platform, and Sapiens DECISION. This innovation was unveiled at
Appian World 2015, the industry's premiere conference on enterprise
solution development.
"The teaming agreement with Persistent will create many new
opportunities for both our companies, and provide value to our
clients," said Rami Doron, managing
director, Sapiens DECISION.
Built upon a proven business logic framework called The
Decision Model (TDM), Sapiens DECISION empowers business
professionals to effectively describe, implement and manage the
business decisions being made within business processes. The
resulting decision logic can easily be read and understood by
management, operations and IT alike, and instantly converted to
high quality code that is executed by IT in any operational
environment. This ensures that the logic is complete, internally
consistent and accurate, and is not replicated.
About Persistent Systems
Persistent Systems (BSE & NSE: PERSISTENT) builds software
that drives the business of their customers; enterprises and
software product companies with software at the core of their
digital transformation. For more information, visit:
http://www.persistent.com/
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.
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