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McCamish Systems enters Alliance with Resonant Software

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE McCamish Systems, LLC, an Infosys company has announced a strategic business alliance with Resonant Software. This partnering of two best-of-breed companies is said to offer enhanced capabilities to the life insurance BPO and SaaS market spaces. VPAS Life, McCamish's robust life and annuity policy administration platform used in both BPO and SaaS service models, combines with Resonant Software's state-of-the-art Integrated Life Underwriting Suite (ILUS) to bring a significant value proposition, providing superior efficiency and flexibility for life insurance carriers.  Gordon Beckham, President & CEO, McCamish said, "For our clients and prospects who are writing new business, our alliance with Resonant provides a significant extension of our service solution. As we sought a best-of-breed partner in this space, we conducted a thorough market study and were convinced that Resonant's product offered us the robust ...

Genpact acquires High Performance Partners, LLC (HPP)

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE Genpact has acquired High Performance Partners, LLC (HPP) and their Quantum Mortgage Technology. Genpact had previously announced an initial equity investment in HPP in March 2010 and now owns 100 per cent of the company. Genpact will leverage the Quantum software platform to support its Mortgage Business Process as a Service (BPaaS) offering. The Quantum platform helps originators and lenders to automate and streamline major elements of the loan origination process, resulting in a shorter loan lifecycle and a more transparent mortgage asset. Quantum's software platform combines automated decisioning and highly efficient processing with its data-centric approach. Roger Hull, Founder & CEO of HPP, will lead the ongoing development of Quantum for Genpact as Vice President of Genpact Mortgage Services. He has more than 27 years of real estate, finance, information technology and executive leadership experience. In addition to founding HP...