19 February 2018
Visit www.avoka.com

Diligenta scores Friends Life contract

19 August 2014  |  3131 views  |  0 Source: Diligenta

Diligenta, a leading Life and Pensions BPO provider in the UK, and a subsidiary of Tata Consultancy Services (TCS), the leading IT services, consulting and business solutions organization, today announced that it has secured a new multi-million pound, multi-year contract with Friends Life Management Services Limited (Friends Life) for its international operation.

Under the terms of this deal, Diligenta will configure and implement TCS BaNCS, a globally acclaimed core platform, to support the international operations of Friends Life - Friends Provident International. The solution for Friends Provident International will be built to leverage functional richness of the TCS BaNCS platform. This will provide multi-geography, multi-time zone and multi-currency capability, which will help Friends Provident Internataional deliver seamless service for customers across markets in Asia Pacific and the Middle East. This innovative platform will also support the growth strategy of Friends Provident International by introducing new products at a faster pace.

Phiroz Vandrevala, Managing Director & Vice Chairman of Diligenta, and Director, TCS said: “This is a landmark deal for Diligenta, which demonstrates our capability to support new business for the international life insurance, savings and investments market. We look forward to developing this long-term partnership with Friends Provident International to help transform their international operations.”

John Van Der Wielen, CEO International at Friends Life, said: “This new deal will enable us to streamline our systems, improve services to our customers and put us in a strong position to continue growing new business. We are delighted to be embarking on this partnership with Diligenta, given its proven track record with its unique platform capability and expertise in the Life and Investments market.“

Suresh Menon, CEO Diligenta said: “Diligenta’s track record of successfully migrating over 6 million Life and Pensions policies on to our industry-leading, platform solution TCS BaNCS, contributed directly to this win. We are proud that FPI has chosen to partner with Diligenta, and we will work together to help support their growth strategy.”  

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit www.vasco.comVisit https://www.capgemini.comvisit www.ebaday.com

Top topics

Most viewed Most shared
Saudi central bank provides sandbox for banks to try out Ripple techSaudi central bank provides sandbox for ba...
11491 views comments | 16 tweets | 12 linkedin
ABN Amro moves escrow accounts to the blockchainABN Amro moves escrow accounts to the bloc...
9057 views comments | 15 tweets | 13 linkedin
ECB launches staunch defence of cashECB launches staunch defence of cash
8917 views 10 comments | 22 tweets | 26 linkedin
Aussie real-time payments platform goes liveAussie real-time payments platform goes li...
8810 views comments | 15 tweets | 43 linkedin
Coinbase and Visa at loggerheads over erroneous charges on customer crypto accountsCoinbase and Visa at loggerheads over erro...
7444 views comments | 12 tweets | 10 linkedin

Featured job

Find your next job