HCL is a leading IT services provider delivering Run the Business (RTB) and Change the Business (CTB) services bringing innovation around key business and technology imperatives for end-to-end business transformation. HCL helped the client to consolidate disparate IT and business processes complying the new IT blue print
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HCL Helps a Global Life and Annuity Insurer to Reduce its Application Cost by 40%
1. How HCL Helped
an Insurance
Company to
Consolidate and
Optimize Business
Apps
Consolidating Business Systems
2. Objectives Defined
• Changes Required in Application
Landscape and Services
• Consolidation of Disparate Business
Systems Across Business Units
Complying the New IT Blue Print
• Elimination of Redundancy of
Customer Data
• Rationalization of IT Vendors Leading
to A Manageable Multi-Vendor
Environment
• Clearing of Huge Backlog of Work
Requests Due to Lack Of Business
SMEs/ Domain Experts
3. HCL Propositions
• Consolidated 13 Policy Administration Systems
• Creating A Single Customer View Of 9.16M Customers
• Multi-Vendor Environment Governance Through ‘Customer Master’
Framework
• Zero Defect Delivery
• Domain Led Delivery By Deploying Domain Experts/ Business Analysts
4. • Consolidated Applications Resulted In 40% Savings In Operation Cost
• Increase In Productivity And Resource Efficiency Of 30%
Key Benefits
5. Questions –
• How IT Transformations can be Done in a Seamless
Manner?
• How IT Business Applications Can be Consolidated
without Affecting Current Systems?
• How Consolidation of Business Systems Helps in
Achieving Business Goals?
• Why it is Essential to Manage Vendors Efficiently for a
Financial Services Firm?
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