CSC Closes Xchanging Acquisition, Positions as Digital Transformation Leader
The combined organization will create a new leader in technology and business process services for the global insurance industry, CSC’s asserts.
The combined organization will create a new leader in technology and business process services for the global insurance industry, CSC’s asserts.
CSC aims for Tier 1 workloads and enterprise customers with hybrid cloud solution that leverages CSC cloud migration services to accelerate workload migration to VMware vCloud Air.
CSC will make an undisclosed investment in Virtual Clarity to accelerate the company’s transformation consulting services for the insurance, financial services, and other industries.
Through the relationship CSC will offer customers state-of-the-art, self-service claims processing capabilities, live streaming video capability and unstructured data technology.
The CSC BDPaaS has been engineered to support an “as-a-Service” on several cloud infrastructures including Amazon, CSC Cloud Solutions, RedHat OpenStack and VMware VSphere private clouds.
Currently in pilot by an Asian insurer, the offering incorporates digital claims, policy administration and underwriting solutions from CSC with driver profile software from Scope Technologies.
Among reasons for selecting iPartners, Cumberland Mutual’s CIO Rob Musick cites the right tools and expertise, a fast implementation, and familiarity with the insurer’s CSC PT database structure.
The initiative makes CSC’s Big Data Platform as a Service the first Hadoop-based managed service to receive PCI and HIPAA certifications.
The combined company will create one of the world’s largest pure-play IT services companies, with more than 5,000 clients in 70 countries and annual revenues of $26 billion.
Implemented in just over a year, the system has serviced more than 65k policies and has earned plaudits from agents for increased flexibility and self-service features.