When preparing for a major software acquisition, insurers must not only review requirements and functionality but also guarantee that a vendor�s system will grow with the business and remain valuable over a period of many years.
In a new report, Will Your Policy Administration System Support Your Future Growth? Measuring Scalability and Performance (North American Life/Health Edition), Celent examines major issues and metrics for determining how software will scale with an insurer�s business.
“Despite its impact on future value, scalability and performance is all too often ignored until intractable problems occur in production,� says Jeff Goldberg, senior analyst with Celent�s insurance group and author of the report. �Even carriers who recognize their importance may not know how to judge a vendor�s system in these areas.”
The goal of this report is to provide business and technology leaders with the tools they need to be able to discuss scalability and performance before making any major software licensing decisions. This report presents an overview of the important metrics needed to predict how a system will hold up in production over time. It includes 18 scalability and performance profiles for vendors that provide Life/Health Policy Administration Systems.
The 44-page report contains 18 vendor profiles and 9 figures. A table of contents is available online.
Celent, LLC 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. www.celent.com