CSC Receives XCelent Award for EMEA Policy Administration System
OREANDA-NEWS. CSC (NYSE: CSC), a leading provider of next-generation technology solutions and services, today announced it has received the 2015 XCelent Customer Base award for EMEA life, annuities, pension and health policy administration from Celent, a research and consulting firm. The award is based on the firm’s assessment of CSC’s GraphTalk A.I.A, a multi-line, multilingual, multi-currency life and pensions system, as compared to other offerings profiled in the Celent report titled, “EMEA Policy Administration Systems 2015.”
The report uses Celent’s proprietary framework called the ABCD Vendor View to profile and benchmark 42 policy administration systems in use for EMEA life, health and annuities products, with 26 full profiles and 16 limited profiles. Vendors with the highest score in each category are recognized as XCelent award winners. CSC’s GraphTalk A.I.A led the “Customer Base” category following an analysis of the number of insurers in production using the system for life, health or annuities lines of business and new client momentum.
“CSC is a leader in life policy administration in EMEA when it comes to installation base,” said Jamie Macgregor, senior vice president and co-author of the report. “In addition to its market share and global footprint, CSC has deep experience in implementing policy administration in large and complex organizations.”
“We are honored that Celent has recognized the scale of our customer base, as one of the important reasons for CSC’s leadership in EMEA policy administration,” said Phil Ratcliff, vice president and general manager, Global Insurance Industry. “We are deeply committed to our client community, and we are eager to help clients leverage our investment in GraphTalk A.I.A to accelerate their digital transformation journey.”
With more than 100 implementations of GraphTalk A.I.A in nearly 30 countries worldwide, GraphTalk A.I.A is one of CSC’s leading global insurance software solutions for multi-line, multilingual, multi-currency administration. It is an advanced, flexible, end-to-end solution for insurers primarily in Europe and Latin America, offering unmatched administration support for group and individual life and health, annuities, pensions and general insurance products. It is ideally suited to multinational insurance companies that need to rationalize their business across multiple lines and geographies, as well as insurers wanting to consolidate multiple legacy systems and provide integrated support for multiple lines of business and distribution channels.
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