18 August 2017
visit www.avoka.com

Fineos upgrades banking and insurance platform

30 April 2003  |  2197 views  |  0 Fineos upgrades banking and insurance platform

Dublin-based Fineos Corporation has upgraded its banking and insurance platform to include line-of-business applications for banking, life, pensions, insurance and lending as well as an employee benefits module packaged for US insurance firms.

Each vertical solution area will be rolled out in a phased approach over the coming months.

Fineos says the latest release of its platform - version 4.0 - divides line-of-business areas into separate front and back office component software, each of which can be implemented seperately or combined for an enterprise-wide solution.

The vendor says the front office components of the product are now fully thin-client enabled, allowing firms to deliver remote support to customers, intermediaries and field staff. The front office includes Internet portals to deliver customer relationship management (CRM) as well as case management features such as automated underwriting decision-making and full-cycle support for claims, redemptions and maturities.

The back office suite contains full-lifecycle contract management applications and includes Fineos' Intelligent Event Engine for the delivery of event-based business transaction processing.

Michael Kelly, CEO, Fineos, says the package allows clients to use front and back office functionality specifically designed and tailored for their line of business.

"Because each solution is developed with a product focus, it provides clients with a lower cost of ownership as well as significant strategic benefit for ongoing solution evolution," he adds.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Delta Lloyd live with Fineos claims manager

Delta Lloyd live with Fineos claims manager

14 March 2003  |  2281 views  |  0 comments
Canada Life extends Fineos system to Germany

Canada Life extends Fineos system to Germany

05 March 2003  |  2894 views  |  0 comments

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.dorsum.euvisit www.niceactimize.comvisit www.worldpaymentsreport.com

Who is commenting?

Top topics

Most viewed Most shared
China preps central clearing house for mobile payments providersChina preps central clearing house for mob...
10090 views comments | 8 tweets | 16 linkedin
Monzo appoints Curve co-founder Foster-Carter COOMonzo appoints Curve co-founder Foster-Car...
8373 views comments | 1 tweets | 3 linkedin
hands typing furiouslyCompliance: Overcome the data deficit
7815 views 0 | 1 tweets | 9 linkedin
PayPal buys Swift Financial to boost working capital bizPayPal buys Swift Financial to boost worki...
7763 views comments | 13 tweets | 7 linkedin
Uneasy sits the crown as cash use continues declineUneasy sits the crown as cash use continue...
7730 views comments | 3 tweets | 7 linkedin