Datamonitor Endorses Leading Industry Expertise of FIS Software

26th April 2006

FIS Software announces today that the company is acknowledged for its leading industry expertise in the insurance marketplace by analyst firm Datamonitor. In their recent European Insurance Technology Strategies report, Datamonitor highlights FIS’ established foothold in the European Life & Pensions, as well as the company’s domain expertise and successful rapid implementation of ALIS software.

The Datamonitor report highlights the growing number of insurers who are looking outside their organisations for modular best-in-class applications that will enable them to support and administer new insurance products in a timely manner.
According to Ed Blomquist, Senior Analyst, Insurance Technology Practice at Datamonitor: “Backed by their ALIS policy administration software and a track record of successful implementations, FIS is well positioned to capitalise on trends in the insurance and pensions market.”

Shay Alon, CEO of FIS Software added: “Our continuous investments in ALIS and deep insurance domain expertise backed by our track record of successful implementations increase the business value we deliver to our clients. It is gratifying that Datamonitor strongly affirms our strong position in the global insurance sector.”

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