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Sapiens ALIS Sets New Records on Over-Night and Month-End Data Processing
All end-to-end batches were completed in less than two hours
ORLANDO, Florida, May 15, 2012/PRNewswire-FirstCall/ --
At the ACORD LOMA Insurance Systems Forum Sapiens International Corporation N.V.
[http://www.sapiens.com ] (NASDAQ and TASE: SPNS), a global provider of innovative
insurance software solutions, announces today the detailed results of Sapiens ALIS
benchmark on IBM AIX 6, running on Power 6 and Power 7 machines, as conducted at IBM labs
in Hursley, UK. With a database of over 800,000 active policies, ALIS was found to be
fully capable of handling high load scenarios.
(Logo:
http://photos.prnewswire.com/prnh/20120508/531104 )
The benchmark test confirms that ALIS is one of the most powerful and robust Life &
Pensions applications in the world, suitable for Tier-I and global insurance companies.
The results indicated that the system is fully scalable, in a nearly linear way, over the
platform used.
All end-to-end overnight batches (including month-end) were completed in less than two
hours on the Power 7 configuration and in less than two and a half hours on the Power 6
configuration. The main executed batches were Charges; Billing; Payment dispersal; General
Ledger extract; Audit Control; Renewal; and letters production.
Commenting on benchmarking, Mr. Juergen Weiss, Senior Analyst at Gartner, said:
"Benchmarking is an important aspect for insurers to assess the future performance of
their core insurance application. Gartner sees a tendency among international insurers to
establish cross-border transactions, which makes those benchmarks even more important."
Mr. Roni Al-Dor, President & CEO of Sapiens stated: "This benchmark demonstrates the
capabilities of ALIS to scale up to the large data processing volumes of Tier-I and global
insurers worldwide. I am confident that our customers will find it as a practical aid in
planning their computing needs to support their business growth."
About Sapiens International
Sapiens International Corporation (NASDAQ and TASE: SPNS) is a global provider of
innovative software solutions for the insurance industry. We offer end-to-end solutions
for the Life & Pension, Property & Casualty, and Reinsurance markets. We serve over 75
insurance customers, backed by a team of over 700 insurance experts, operating through
fully-owned subsidiaries in North America, the United Kingdom, EMEA and Asia Pacific.
Except for historical information contained herein, the matters set forth in this
release are forward-looking statements that are dependent on certain risks and
uncertainties, including such factors, among others, as market acceptance, market demand,
pricing, changing regulatory environment, changing economic conditions, risks in new
product and service development, the effect of the Company's accounting policies, specific
system configurations and software needs of individual customers and other risk factors
detailed in the Company's SEC filings.
Media Contact:
Osnat Segev-Harel, CMO
Sapiens International
Tel: +1-877-554 2426
e-Mail: osnat.se@sapiens.com
Photo:
http://photos.prnewswire.com/prnh/20120508/531104
Source: Sapiens International Corporation N.V.
Sapiens ALIS Sets New Records on Over-Night and Month-End Data Processing
All end-to-end batches were completed in less than two hours
ORLANDO, Florida, May 15, 2012/PRNewswire-FirstCall/ --
At the ACORD LOMA Insurance Systems Forum Sapiens International Corporation N.V.
[http://www.sapiens.com ] (NASDAQ and TASE: SPNS), a global provider of innovative
insurance software solutions, announces today the detailed results of Sapiens ALIS
benchmark on IBM AIX 6, running on Power 6 and Power 7 machines, as conducted at IBM labs
in Hursley, UK. With a database of over 800,000 active policies, ALIS was found to be
fully capable of handling high load scenarios.
(Logo:
http://photos.prnewswire.com/prnh/20120508/531104 )
The benchmark test confirms that ALIS is one of the most powerful and robust Life &
Pensions applications in the world, suitable for Tier-I and global insurance companies.
The results indicated that the system is fully scalable, in a nearly linear way, over the
platform used.
All end-to-end overnight batches (including month-end) were completed in less than two
hours on the Power 7 configuration and in less than two and a half hours on the Power 6
configuration. The main executed batches were Charges; Billing; Payment dispersal; General
Ledger extract; Audit Control; Renewal; and letters production.
Commenting on benchmarking, Mr. Juergen Weiss, Senior Analyst at Gartner, said:
"Benchmarking is an important aspect for insurers to assess the future performance of
their core insurance application. Gartner sees a tendency among international insurers to
establish cross-border transactions, which makes those benchmarks even more important."
Mr. Roni Al-Dor, President & CEO of Sapiens stated: "This benchmark demonstrates the
capabilities of ALIS to scale up to the large data processing volumes of Tier-I and global
insurers worldwide. I am confident that our customers will find it as a practical aid in
planning their computing needs to support their business growth."
About Sapiens International
Sapiens International Corporation (NASDAQ and TASE: SPNS) is a global provider of
innovative software solutions for the insurance industry. We offer end-to-end solutions
for the Life & Pension, Property & Casualty, and Reinsurance markets. We serve over 75
insurance customers, backed by a team of over 700 insurance experts, operating through
fully-owned subsidiaries in North America, the United Kingdom, EMEA and Asia Pacific.
Except for historical information contained herein, the matters set forth in this
release are forward-looking statements that are dependent on certain risks and
uncertainties, including such factors, among others, as market acceptance, market demand,
pricing, changing regulatory environment, changing economic conditions, risks in new
product and service development, the effect of the Company's accounting policies, specific
system configurations and software needs of individual customers and other risk factors
detailed in the Company's SEC filings.
Media Contact:
Osnat Segev-Harel, CMO
Sapiens International
Tel: +1-877-554 2426
e-Mail: osnat.se@sapiens.com
Photo:
http://photos.prnewswire.com/prnh/20120508/531104
Source: Sapiens International Corporation N.V.