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How HCL Helped
an Insurance
Company to
Consolidate and
Optimize Business
Apps
Consolidating Business Systems
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
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
• Consolidated Applications Resulted In 40% Savings In Operation Cost
• Increase In Productivity And Resource Efficiency Of 30%
Key Benefits
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?
Click here to download the
Document
Copyright © 2014 HCL Technologies Limited | www.hcltech.com6
Copyright © 2014 HCL Technologies Limited | www.hcltech.com6

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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? Click here to download the Document
  • 6. Copyright © 2014 HCL Technologies Limited | www.hcltech.com6
  • 7. Copyright © 2014 HCL Technologies Limited | www.hcltech.com6