Equisoft

Equisoft's CEO, Luis Romero, Explains Legacy System Challenges and Data Migration Solutions

Montreal, February 5th, 2019 Many life insurance and annuity companies have embarked on a digital transformation journey. But it can be difficult for them to successfully embrace their digital future and realize all of the associated benefits when they still have twenty or thirty-year-old legacy systems in their administrative environment.

These outdated systems make new product innovation very difficult and costly both in terms of dollars and time. This can greatly increase the risk that life insurers and annuity companies will fall behind their traditional competitors and the newer, born-digital companies that don't face the same legacy challenges.

In this short video, watch Equisoft's CEO Luis Romero talk about the legacy challenges companies face.

We take your privacy seriously so in order to view the video content, please accept all cookies

In order to accelerate and maximize the value of these transformation projects, insurers are implementing consolidation strategies that enable larger returns on their core transformation investment.

Universal Conversion Technologies (UCT), an Equisoft subsidiary, is a leader in data migration who provides sound technical advice and end-to-end data migration solutions that will put your organization on the road to unlocking the hidden value in your enterprise legacy systems.

To learn more about how UCT can help you in your digital transformation journey, read Oracle's article Administrative Consolidation - A Strategy for Success in Insurance featuring Mike Allee, President of UCT here.

Learn more about UCT.

Learn more about Oracle Insurance.

Related Content

Simon Richardson PR Card Image 640x452

Corporate News

Equisoft Expands VP Simon Richardson’s Role to Drive Growth Across UK and Europe

Equisoft, a leading global provider of digital solutions for the insurance and wealth industries, has broadened Simon Richardson’s mandate as Vice President, MEA & APAC, to now include leadership of sales and account management in the UK and Europe.
Read Press Release
Pension Fusion PDP PR Card Image 640x452

Corporate News

Pension Fusion go live signals pensions dashboards technology is a reality

Pension Fusion, a partnership between Equisoft and Lumera, is pleased to announce that from today they are the first entity to have completed the full end to end Pensions Dashboards connection journey.
Read Press Release
Vis Calc PR Card Image 640x452 1

Corporate News

Equisoft acquires U.S. life insurance illustration software provider VisCalc to expand its end-to-end product suite

This acquisition strengthens Equisoft’s U.S. life insurance footprint and addresses the market’s demands for an affordable, efficient illustration solution for agents.
Read Press Release