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Oct 11, 2021

Transferring benefit data to carriers from Oracle HCM: a case study

Transmitting benefit data to carriers is already a daunting task, ensuring all file specifications are implemented for each carrier and the transfer of information processes accurately, quickly, and most importantly, securely. Now, add in the simultaneous decision to outsource this process in the middle of Open Enrollment, during a large acquisition and a pandemic—“overwhelming” is an understatement.

Oct 8, 2021

Simplify data exchange between carriers and Oracle HCM Cloud

Deploying the Benefits Module in Oracle’s HCM Cloud ensures tight integrations between Core HR, payroll and benefits enrollment data across your health, wellness, and financial benefits offerings. However, it does not automatically integrate with your benefit providers, which can lead to some challenges for organizations.

Sep 21, 2021

Five steps to success through intelligent automation

The new SS&C Intelligent Automation Maturity Model provides a roadmap to companies to fully leverage emerging technologies and to establish the organizational structures to support continual innovation and evolution. The model is built on top of our experience of more than 30 years of providing technology and consulting services to hundreds of customers with a particular emphasis on those in complex, regulated industries, such as financial services, insurance and healthcare.

Aug 23, 2021

Choosing the right remediation partner

In a recent blog in this series, we previously discussed the importance of an effective response to planned and unplanned events for banks and insurers. Planning for disruptive events is also important for asset management operations, where an occasional mistake or event has a widespread financial impact on investors. In particular, there are some challenges and complexities that are specific to remediation.

Aug 19, 2021

The evolving insurance industry: evidence and impacts

In July, TEK2day published the "Spotlight: The Evolving Insurance Industry" report sponsored by SS&C, focusing on the catalysts of change within the global insurance industry. The report explores how M&A activity and low-interest rates, product and process innovation, and digital transformation and advanced automation are the leading drivers for industry trends.

Jul 14, 2021

Lead the commercial real estate pack in 2022 with intelligent automation

Although last year had some negative effects on all classes of commercial real estate (CRE), it has provided possibilities for innovative CRE companies to utilize technology to get ahead of the curve.

A national consulting company recently published an outlook for CRE, where it mentions how intelligent automation technology can help CRE companies improve their margins. Companies adding intelligent automation technology for operations, transformation and data automation will position themselves as leaders in the customer experience.

Jun 24, 2021

Minimize risk and reduce cost with intelligent automation

Today’s businesses increasingly rely on intelligent automation. Many companies are achieving their goals by turning to emerging technologies like artificial intelligence (AI) and machine learning (ML) for help.

While both have received a lot of attention in the past, recent advances in processing technology are helping businesses show their work to customers in new and exciting ways.

Jun 17, 2021

The dawn of a new wave of internal models for Solvency II

At the onset of Solvency II, only a selected group of insurance and reinsurance undertakings—very unevenly distributed across European regions—went for an internal model approach. Five years have passed, during which the risk management culture has matured, with complex ERM systems being adopted by an increasing number of companies.

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