“Atos Origin and FIS Software join forces in Belgium to offer new hosting service for the Life and Pension Insurance Market”
Zaventem, 16 January 2007
First joint customer Delta Lloyd Life will use new Software as a Service (SaaS) integrated solution
Atos Origin, an international IT services company and FIS Software, the leading Policy Administration Software vendor for Life and Pension organizations, launch a new service in the insurance industry. The new Software as a Service (SaaS) offering provides hosting and infrastructure management services and Delta Lloyd Life in Belgium is their first joint customer.
This new service based on FIS' ALIS Policy Administration Software using Atos Origin's data centers presents significant advantages to customers in the Life and Pensions insurance industry: allows focus on their core business, improves operational efficiencies and increase in return on investment, and enables a faster implementation of the solution allowing clients to get new product initiatives to market faster.
According to Catherine Stagg-Macey, Senior Analyst at Celent: “The adoption rate of SaaS in the insurance industry is accelerating and could serve as a growth engine for large and multinational insurers to improve operational efficiencies, invest in greenfield operations and rapidly launch new products”. Catherine added “The Atos-FIS integrated solution truly is one of the first SaaS platforms in the market targeted at the large multinational insurers”.
Delta Lloyd Life Belgium has awarded FIS a major contract for the replacement of Delta Lloyd Life legacy systems with the ALIS software suite to provide a web-based environment for the management of Delta Lloyd Life's back office and front office operations. Delta Lloyd Life will use the new software for the administration of investment, risk, mortgage and savings policies through their distribution channels.
In line with its overall strategy, Delta Lloyd has decided to outsource the hosting of ALIS and the infrastructure management to FIS, who selected Atos Origin as its partner. The joint solution integrates the hosting and infrastructure management of Delta Lloyd Life's complete policy administration operation using Atos Origin's hosting services expertise, its twin datacenters in Belgium, and FIS' application management support.
Patrick Gyseling, Director Managed Operations at Atos Origin in Belux said: “Finding new ways of going to the market is part of the innovator and leader's role. Working with promising partners such as FIS, creates new go-to-market models that give true added value to our clients. We are excited to partner with FIS for the benefit of the Financial Services and Insurance Markets in general and Delta Lloyd Life in particular. We believe this partnership will yield significant business growth for both companies”.
“We were looking for a strategic partner, with global coverage, existing infrastructure, extensive know-how, strong financial services focus, as well as a proven track record in hosting and infrastructure management of complex projects”, said Hila Freiman, Chief Corporate Development & Marketing Officer at FIS. “Atos Origin is certainly a leading player in this domain and the partnership will enable FIS to provide a complete and robust solution to our customers”.
Hila Freiman added: “We are delighted to work with Atos Origin and are currently looking into additional ways in which the two companies can leverage this solution in this innovative business model of hosting and infrastructure management .”
About Atos Origin
Atos Origin is an international information technology services company. Its business is turning client vision into results through the application of consulting, systems integration and managed operations. The company's annual revenues are EUR 5.5 billion and it employs over 47,000 people in 40 countries. Atos Origin is the Worldwide Information Technology Partner for the Olympic Games and has a client base of international blue-chip companies across all sectors. Atos Origin is quoted on the Paris Eurolist Market and trades as Atos Origin, Atos Euronext Market Solutions, Atos Worldline and Atos Consulting.
About FIS Software
FIS Software is dedicated to developing and delivering global package-based solutions that enable life and pension companies to run their businesses more efficiently, and respond in a timely manner to changing territorial legislation and regulations. The company's solutions are based on ALIS, a modular software package, which supports the management of the entire lifecycle of all life insurance, pensions and investment products, globally.
FIS employs over 380 insurance and IT experts across operations in the UK, France, Belgium, Spain, Bulgaria, Israel, Greece, Vietnam and Australia. Its clients include Delta Lloyd Life, AXA, Scottish Widows, Unum Provident, Resolution Life, Scottish Equitable, Bright Grey, Diligenta (Formerly The Pearl Group), Ethniki, Prefsure, Prevoir, Clal and Eliahu among others. The company also has a number of strategic partnerships with leading systems integrators and consulting firms such as IBM and Atos Origin. For more information please visit FIS website at www.fis-software.com
For more information:
+32 2 690 81 48
|José de Vries
+ 33 1 55 91 24 53
Hila Freiman, Global
+44 (0) 7837 117001
|Nigel Gardner, UK
+44 (0) 7976 390845
|Colin Burton, UK