News : Accenture Life Insurance and Annuity Platform Wins XCelent Award
New York Jan. 11, 2016 -- Accenture (NYSE: ACN) has received an XCelent Award for the Accenture Life Insurance & Annuity Platform (ALIP), a life-and-annuity-insurance policy-administration software suite, in Celent’s recent report titled "North America Policy Administration Systems 2015: Life, Annuities, Pension, and Health ABCD Vendor View."1
The report, which assessed 26 policy-administration systems, named ALIP as the XCelent Award winner in the "Breadth of Functionality" category. The category, based upon functions and features available in the base offering, ranked ALIP as the leading solution.
The report recognizes ALIP for its improved usability, interface redesign and the added out-of-the box templates that help speed the process of new-product development. It also states that ALIP’s Product Testing Workbench and Product Value Debugger stand out among the competition.
"We are constantly striving to progress ALIP with continual investments in new and expanded functionality," said Shay Alon, global managing director of Life & Annuity Software at Accenture. "We invest in delivering innovations as well as implementing best practices in configuring common life and annuity product features, as demonstrated by winning the respectful Breadth of Functionally award. Our goal with these features is to help clients simplify business processes, introduce new products more quickly and capture a bigger piece of the market."
Posted by Laura Collins, Editorial Management
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Accenture is a global management consulting, technology services and outsourcing company. Accenture collaborates with its clients to help them become high-performance businesses and governments. With deep industry and business process expertise, broad global resources and a proven track record, Accenture can mobilize the right people, skills, and technologies to help clients improve their performance.
Celent is a research and advisory firm dedicated to helping financial institutions formulate comprehensive business and technology strategies.
Published: Monday, January 11, 2016