Legacy systems play a key role in supporting large-scale business operations and form the operations and knowledge backbone of client organisations. We assist our customers by seamlessly integrating their legacy systems with future technologies, and enabling them to get on to the technology treadmill.

Leveraging our industry experience and the knowledge of SMEs, we have developed a comprehensive consolidation Framework for the insurance industry, which not only provides customers with a ready-to-use tool to assist them in their system consolidation phase, but also provides a road map for the decommissioning of existing production systems. Our consolidation framework rests on the three pillars including the following:

• Processes
• Well Defined Approach
• Detailed Methodology
• Risk Mitigation Strategies
• People
• Competence Development Framework
• Domain Skills
• Technology
• Code Comprehension and Transformation Tool
• Knowledge Management Framework
• Data Conversion Framework and Tools
• Testing Strategy and Testing Capabilities
• Legacy Skills
• Emerging Technologies Skills

We have used this Framework effectively to partner with a number of our customers in their consolidation programmes.

Success stories

Consolidation of Payout Systems
We have enabled a large Annuities and Wealth Management Provider in the US to consolidate its payout systems. This has resulted in the company reducing its maintenance cost per annuity contract by 40 percent.

Reengineering of Life and Non Life Proposal systems
We have helped a large European composite Insurer to reengineer its life and non life proposal systems to reduce new product implementation time by 40-50 percent (depending on the product features), and in this way, greatly shorten time-to-market.