Overview
Percana is a multi-tenanted policy administration system used to host greenfield and legacy products across a spectrum of Pensions, Savings, Bonds and Protection in many different jurisdictions. At its heart is support for policy inception to claims through a multi-aspect approach – most notably multi-brand, calendar, jurisdiction, distribution, currency and language.
Though used internally by SS&C to support BPO and TPA services, Percana is also available for in-house installations or as a hosted service.
Key Features
Percana has a .Net based multi-threaded architecture. As a managed product, its huge functional and jurisdictional scope is constantly refreshed, while keeping its technology stack relevant. Percana is designed to be at the heart of a policy administration service, while recognising that an integrated, best-of-breed approach to the myriad of supporting services allows for better service quality and longevity.
Key Benefits
A managed product with a broad functional spectrum. Speed to market, extensibility and flexibility all lead to a low Total Cost of Ownership, while customer retention is driven by quality user experiences. High degrees of API and system integration support a best-of-breed approach to a host of ancillary services and systems, including portals, workflow, general ledger, investment administration and data warehousing.