IBM continues to introduce technologies that decrease energy consumption while increasing computing capacity. Financial services firms are now able to keep their data centers green yet increase revenues, reduce costs and remain complaint.
Insurers must stay one step ahead of organized criminals seeking to infiltrate systems and access critical data at the same time as they continue to transform their businesses, add new products and delivery channels and enter new markets.
By adopting green computing principles, financial services firms can reduce energy consumption in the data center. However, becoming environmentally is not just a tech issue -- it's also an important business issue.
IBM's Jamie Bisker, Insurance Leader, Institute for Business Value, and Mark McLaughline, Director of Insurance Global Team talk about componentization and globalization, customer driven business models, Web 2.0 solutions, and IBM research.
A rapidly changing industry such as insurance requires process acceleration. IBM’s WebSphere Business Services Fabric supplies an industry-specific framework across the enterprise that achieves process acceleration.
IBM has developed a methodology that simplifies and manages the modernization of core universal life applications and provides straight-through-processing. This cost-effective and incremental method relies on SOA and process choreography.
To achieve a single view of their customers, insurers need to build a physical or virtual data store, transport clean data into the store using a repeatable process, and build an efficient method to retrieve this data.
Virtual worlds have real-world application for insurers in commerce, education and training, and creating a collaborative internal environment. A well-designed virtual world can span generations and appeal to a wide-range of consumers.
A significant and growing number of consumers are demanding a great user experience on the Web. Insurers need to meet these consumer expectations with improved user interfaces and self-service yet easy-to-use Web portals.
By combining its 35 years of experience in developing policy administrative systems with new technologies from IBM, Genelco, a division of IBM, is delivering an policy administration system for the life, health and annuity insurers.
Performance management fueled by SOA and Web services technologies enables insurers to make better, more confident decisions and meet the challenges of globalization, compliance, portfolio management, and customer retention.
Big Blue has launched Big Green, a data center optimization initiative that will consolidate images and mission critical applications from a distributed environment into a service bureau model to reduce an insurer’s computing footprint.
A new insurance operations model is transforming the industry. Using input management, composite business services (CBS), and SOA, the new model reduces expenses, optimizes resources, and provides flexibility and agility to the infrastructure.
BA Scott, AVP, New York Life; Deb Smallwood, co-founder, Smallwood Maike Associates; Frank Neugebauer, senior enterprise architect, ACORD; and Anthony O’Donnell, Executive Editor, Insurance & Technology
The Hartford’s Keven Busque, VP of automation technology services, and D. Michael O’Connor, CIO, Small Commercial Insurance, about business continuity planning (BCP) strategies and business drivers at The Hartford