HOLON, Israel and CARY, North Carolina, May 23, 2018 /PRNewswire/ -- Sapiens
International Corporation, (NASDAQ: SPNS) and (TASE: SPNS), a
leading global provider of software solutions for the financial
services industry, announced today that Sapiens DECISION was
recognized as one of the "Hot Vendors in Digital Platforms, 2017"
by Arragon Research Inc., an independent research and advisory
firm.
"The demand for new digital implementations that differentiate
organizations is increasing quickly, which has created a fertile
environment for the growth of digital business platforms," said
Jim Sinur, vice president of
research and an Arragon fellow. "'2017 Hot Vendors' identified by
Aragon Research have cutting-edge technologies and are doing
something truly new or different in their respective markets."
Continued Sinur: "Sapiens DECISION's secret sauce is that
business people can represent their decisions in a friendly visual
model and store the current decisions in inventory, while cascading
the most recent decision logic to many systems, processes and work
management platforms with speed and consistency. This helps with
operational policies, decisions and rules for optimization and
compliance. In some cases, organizations can manage decisions by
emerging business scenarios. Sapiens DECISION facilitates the
business management and control over their decisions through
extensive governance and management utilities."
"This important recognition validates Sapiens DECISION's
continued investment in our platform, as well as the hard work of
our team," said Harold Westervelt,
managing director, Sapiens DECISION. "We are proud to be recognized
for the innovative technology we are providing to our North
American and global customers and we thank Arragon Research for the
citation. The high demand for digital implementations and automated
business logic has positioned Sapiens DECISION as an attractive
option for financial services institutions."
Decision Management enables the management and transformation of
an enterprise, by helping to identify and validate the knowledge
from within the organization's multiple and disparate internal and
external data sources.
Using decision management, an enterprise can determine, validate
and automate decisions to maximize value and consistency in
customer interactions and ensure compliance with regulations. The
Sapiens DECISION platform offers a complete business decision
management solution to effectively address the pain and complexity
of determining and then translating business logic – data and
business rules used to make business decisions – to operational
code.
About Hot Vendors 2017
"2017 Hot Vendors" identified by Aragon Research Inc. have
cutting-edge technologies and are doing something truly new or
different in their respective markets. The first series of Hot
Vendors for 2017 includes vendors in AI & Streaming Analytics,
Digital Business Platforms, Sales Enablement and UCC. For more
information:
www.aragonresearch.com/hot-vendors-in-digital-business-platforms-2017.
About Arragon Research Inc.
Aragon Research is an independent research and advisory firm. It
provides business and IT executives with the actionable insights
they need to navigate technology's ever-evolving impact on
business. Headquartered in Morgan Hill,
CA, Aragon Research works with executives at every major
level of the business and across industries to give them the tools
they need to make more informed technology and strategy decisions.
For more information: www.aragonresearch.com.
About Sapiens
Sapiens International Corporation is a leading global provider
of software solutions for the insurance industry, with a 30-year
track record of delivering to more than 400 organizations. The
company offers software platforms, solutions and services,
including a full digital suite, to satisfy the needs of property
and casualty/general insurers, and life, pension and annuity
providers. Sapiens also services the reinsurance, workers'
compensation, financial and compliance, and decision management
markets.
The company's portfolio includes policy administration, billing
and claims, underwriting, illustration and electronic application.
The digital suite features customer and agent portals, and a
business intelligence platform. 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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SOURCE Sapiens International Corporation