Celent profiles a majority of the life and pension insurance administration systems available in Asia today.
Interest in policy administration offerings for insurance has surged in recent years. In a new report, Asian Policy Administration Systems 2009: Life and Pension ABCD Vendor View, Celent looks at policy administration systems available to life insurers in Asia. The report is part of a series on policy administration systems in Europe, the United States, and Asia.
|
Full Profiles |
|
|
3i Infotech Asia Pacific |
PREMIA |
|
Bravura Solutions Ltd |
Sonata TalisLife |
|
CSC Computer Sciences |
LIFE/Asia |
|
EAB Systems Limited |
iLife |
|
eBaoTech |
LifeSystem |
|
Financial Information Technology |
LIFEfit |
|
FIS Software |
ALIS |
|
Hewlett-Packard |
SOLCORP / INGENIUM |
|
Mastek Ltd |
ElixirAsia |
|
Tata Consultancy Services |
TCS BaNCS Insurance |
|
Limited Profiles |
|
|
Beijing Copia Innovative Technology |
CopiTree |
|
FirstApex |
FirstLife |
|
Hewlett-Packard |
RADIENCE Administration |
|
SALIX IS |
Pharos |
|
Sinosoft |
LIS |
"The Asian IT vendor landscape has become increasingly difficult to navigate,” says Wenli Yuan, senior analyst with Celent’s Insurance Group and author of the report. "Prioritizing decision elements is a crucial task in order to minimize the risk of choosing an inappropriate PAS and avoid facing time-consuming and expensive customization efforts."
Celent profiles 15 policy administration systems vendors in Asia, with 10 full profiles and five limited profiles, using its ABCD Vendor View, which is a standard representation of a vendor marketplace designed to show at a glance the relative positions of each vendor in four categories: Advanced technology, Breadth of functionality, Customer base, and Depth of client services. Vendors with full profiles included in this report are: 3i Infotech Asia Pacific, Bravura Solutions Ltd, CSC Computer Sciences, EAB Systems Limited, eBaoTech, Financial Information Technology, FIS Software, Hewlett-Packard, Mastek Ltd, and Tata Consultancy Services.
This 112-page report contains three figures and 33 tables. A table of contents for this report is available online.
Members of Celent's Life/Health Insurance research service can download the report electronically by clicking the icon to the left. Non-members should contact info@celent.com for more information.
Celent is a research and advisory firm dedicated to helping financial institutions formulate comprehensive business and technology strategies. Celent publishes reports identifying trends and best practices in financial services technology and conducts consulting engagements for financial institutions looking to use technology to enhance existing business processes or launch new business strategies. With a team of internationally experienced analysts, Celent is uniquely positioned to offer strategic advice and market insights on a global basis. Celent is a member of the Oliver Wyman Group, which is part of Marsh & McLennan Companies [NYSE: MMC].
New York - Dana Lautin
dlautin@celent.com
Tel: +1 646 364 8254
Stockholm - Nick Bockh
nbockh@celent.com
Tel: +46.8.650.4401
Tokyo - Yumi Nagaoka
ynagaoka@celent.com
Tel: +81.3.3596.0020