Retirement

Manage the transition to new consumer-driven models with platform implementation and modernization solutions.

Digital Services

Overview

Retirement insurance has evolved from traditional, defined benefit pensions to new models like defined benefit/ defined contribution, hybrid plans and automated 401(k). Syntel’s experience implementing leading product platforms like Adminserver and managing riders enables insurers to evolve their core legacy retirement systems into modern, robust systems.

Offerings

Our solutions for the retirement services industry include:

Insights

At Syntel, our solutions enable you to adapt to the ever-changing insurance business and regulatory landscape. Learn more about the thought that goes into changing the game.

Success Stories

Syntel’s Cloud-based Salesforce Solution Boosts Sales

Customer engagement is a key indicator of business performance, improvement and customer-centricity. A leading life insurance, investments and retirement solutions company is committed to improving customer service by simplifying user experience and automating its policy order lifecycle system. Syntel’s quick implementation of a cloud-based platform helped the client reduce its time-to-market and meet its dynamic business requirements.

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Fortune 100 Insurer Transforms From SAP BW to SAP HANA

The client is a Fortune 100 insurance company that was looking to replace an aging SAP Business Warehouse (BW) system with a high degree of data redundancy to the more modern, in-memory SAP HANA platform.

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50% Faster Financial Period Cycles by Implementing SAP HANA

A large personal line insurer wanted to consolidate BW systems to a Digital Enterprise Platform to improve efficiency, and reduce maintenance cost, complexity, and data redundancy. With ever increasing data volumes, they needed a robust framework to help them derive information from data for taking key business decisions.

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Syntel Helps Insurance Giant to Move to a Customized Agile Model

A large insurance company required an enterprise data warehouse with integrated dimensional modeling to meet its business objectives. Syntel created accelerators to help the customer reduce costs and improve time to market.

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