After only 14 months of successful project implementation CACEIS migrated its full legacy software to NeoXam GP3, the next generation accounting system, enabling the company to serve its impressive list of institutional clients.
Jean-Pierre Michalowski, Deputy CEO at CACEIS, said: “We selected NeoXam as we were rapidly convinced that they have the best market expertise and a state-of-the-art solution capable of achieving our current and future ambitions. Collaboration of our respective teams was a partnership model. We expected to have a new platform which would increase our efficiency and add value to our business, in order to better serve our clients. We achieved this target and we’re now ready to expand our business with a new offer, designed to address the most demanding requirements of the institutional market, as well as increasing regulatory pressure”.
Serge Delpla, CEO at NeoXam, added: “Our project delivery at CACEIS is an outstanding achievement. Where competition painfully executes similar projects within a three- to five-year timeframe, with immense budget excesses, NeoXam completed this very ambitious project three days ahead of the initial deadline. We’re delighted to have CACEIS as a partner, as their numerous clients are among the most demanding in the Insurance landscape. They helped us to improve our high volume ability and enrich our functional scope with exciting unique features. This project was substantial, in both complexity and volume: once again, NeoXam has demonstrated its ability to master the institutional industry and has proven we’re not misleading our clients, delivering projects on time and on budget, even the most complex ones”.