Tag «Li-May Chew»

SAP HANA® to Transform Business Processes and Data Analysis for Banking and Insurance Customers


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SAP NEWSBYTE — June 23, 2015 — SAP SE (NYSE: SAP) today announced a new foundational offering that aims to help financial services and insurance companies better manage their integrated risk and finance processes. The SAP® Cost and Revenue Allocation for Financial Products application is expected to help banks and insurers streamline profitability for insurance …

IDC Financial Insights Evaluates Policy Administration System Vendors for Global Insurers in New IDC MarketScape


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Core replacement cycles are brewing and global insurers will spend US$8.2 billion on software and IT services for policy administration in 2015   Singapore and Hong Kong, May 6, 2015 – IDC Financial Insights announced today the availability of a new IDC MarketScape report, “IDC MarketScape: Worldwide Policy Administration Systems Vendor Assessment 2015”,(Document #AP251041), which …

Buoyed by Growth from Emerging Asian Nations, Asia/Pacific Insurers will Spend US$18 billion on Technology in 2014: IDC Financial Insights


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Singapore and Hong Kong, December 16, 2013 – As global economies continue to mend gradually and insurance markets harden, IDC Financial Insights projects technology spending of Asian insurers rising in tandem. Amongst others, IDC Financial Insights sees the necessity to – enhance operational flexibility and optimize on business process; innovate in product development and pricing; …