The company said its Vantage-One platform, an administration system supporting life and annuity products, will be integrated with its Visual Product Modeling System (VP/MS), an external rules engine that enables insurers to define and modify business rules and calculations.
In an effort to reduce the expense of maintaining and running policy administration systems, Computer Sciences Corporation (CSC) is providing clients with the option of using Vantage-One either in a mid-tier environment for product development and testing, or for production operation.
In addition, CSC is applying its enterprise integration architecture, CSC e4, to the product to help companies develop and administer new insurance and annuity products that enable policyholders to access their accumulated funds while continuing to invest.
By continuing to invest in CSC e4-compliant software, we can help clients realize both the potential of new technologies and the embedded value in their legacy systems, said Michael Risley, president of the Life and Annuities division of CSC’s Financial Services Group.