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25.04.2008

Fadata opens competence center INSIS in Russia

The successful activity of Fadata and “CPM Ltd.” , has made possible to open the INSIS Competence center, based on the Russian partner, with the following goals:

- Raising of efficiency for application of INSIS technologies in order to solve the business tasks, facing the Distributor, connected with the insurance company activities - Providing a set of services, addressed to cost saving and cushioning of risks at implementation, and operation of INSIS information solution. - Informing in due time the Distributor about INSIS new solutions for the insurance company business

“CPM Ltd” Company has gathered profound practical experience to solve successfully tasks for the automation of insurance companies’ activities. The personnel of highly qualified experts of “CPM Ltd ”, is able to perform the designing, implementation and maintenance of information solution on the INSIS base in a quality and efficient manner.

The Center undertakes the performance of following functions:

  • To assist for system choice at purchasing , and proposals examination
  • To create skilled practice for system presentation to customers
  • To translate the existing, and draw new documents that are necessary for the fulfillment of Center aims
  • To provide for the partners and prospective customers advice about the INSIS products
  • To participate in work-shop, when tenders shall be held
  • To participate in marketing activities on insurance and IT (conferences, seminars, etc)
  • To assist the insurance companies to write down the technical requirements for the system
  • To service the insurance company at system operation (first service line)

 

The Competence center shall be supposed to unify the resources of “Fadata” and “CPM Ltd” and to provide for the Distributor new possibilities that allow to save time and resources to a greater extent when developing a solution and optimizing it.

The main advantages of this Center are:
- The Center has significant resources to solve the complex Distributor’s tasks - The Center saves time and funds for the development of operating solution for an insurance company and its optimization
- The Center shall be a single entry point for different problems, arising at the life cycle stages of INSIS business platform

About Fadata

Established in 1990, Fadata is a leading provider of software solutions for insurance companies worldwide.INSIS, one of the flagship products of Fadata, is a flexible state-of-the-art modular software solution that provides full coverage of all aspects of insurance business area both horizontally and vertically. The package covers all types of businesses in both life and non-life, including unit-linked products and all insurance company’s needs related to the insurance activities. The system incorporates all necessary actuarial calculations and reporting facilities and seamlessly integrates other external software functions. INSIS provides flexibility, scalability and a seamless integration of business operations across the entire insurance enterprise from back-office operations to front-office customer service management.Fadata also offers solutions and consulting services in area of Oracle Financial/Applications and Filenet implementation, development development of integrated Information systems for government sector and Embedded systems & Real-time operating systems development.Headquartered in Bulgaria, Fadata has a global distribution and supports office and partners network in 20 countries: Bahrain, Canada, Estonia, Ethiopia, Greece, Hungary, Italy, Japan, Kazakhstan, Kosovo, Macedonia, OAE, Romania, Russia, Serbia and MonteNegro, Slovakia, South Arabia, UK, Ukraine and the USA. This network serves the needs of 110 customers in over countries across Europe, Middle East, Africa, Asia and America.



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