HOLON, Israel, Sept. 16, 2019 /PRNewswire/
-- Sapiens International Corporation, (NASDAQ:
SPNS) (TASE: SPNS), a leading global provider of software
solutions for the insurance industry, announced today a new
partnership with Atos, a global leader in digital transformation
with 120,000 employees in 73 countries.
As part of the partnership agreement, Sapiens will provide their
software platform and enhance it with Atos' innovative services and
BPO offering. Sapiens ConsolidationMaster provides a
full, end-to-end legacy portfolio-focused system that deals with
'dirty' data and a wide range of product types.
Sapiens ConsolidationMaster is a unique proposition designed to
provide a modern and cost-efficient platform for the administration
of legacy books of business. The solution was selected following an
extensive due diligence process, which sought to realise
significant operational savings for customers.
Further benefits include:
- Greater efficiency – Sapiens offers customisable
solutions and streamlined processes.
- Improved customer service – ease of operation allows for
increased ability to manage and meet customer expectations and
concerns.
- Continued and reliable support in the face of regulatory
change – Sapiens is committed to evolving with the industry and
offers continual support in implementation of solutions.
- Reductions in platform costs – by consolidating
services into one platform, Atos will drastically reduce
maintenance, training, and day-to-day operational costs.
"Sapiens customers in Europe
are seeking an end-to-end solution for the administration of legacy
that is responsive to changing legislation and a wide range of life
and pension product types," said Roni
Al-Dor, Sapiens president and CEO. "We look forward to
working closely with Atos to help them meet their goals of
delivering the highest quality service, continuing to reduce
ongoing and system support costs and increase efficiencies."
About Atos
Atos is a global leader in digital transformation with 120,000
employees in 73 countries and annual revenue of €13 billion.
European number one in cloud, cybersecurity and high-performance
computing, the group provides end-to-end, orchestrated hybrid
cloud, big data, business applications and digital workplace
solutions through its digital transformation factory, as well as
transactional services through Worldline, the European leader in
the payment industry. For more
information: www.atos.net/en/about-us.
About Sapiens
Sapiens International Corporation empowers insurers to succeed
in an evolving industry. The company offers digital software
platforms, solutions and services for the property and casualty,
life, pension and annuity, reinsurance, financial and
compliance, workers' compensation and financial markets. With
more than 35 years of experience delivering to over 450
organizations globally, Sapiens has a proven ability to satisfy
customers' core, data and digital requirements. 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