The word from Equisoft, who have been extra busy recently;
Equisoft, a leading global digital solutions provider to the financial services industry, currently celebrating its 30th anniversary, announces the successful completion of 30 modernization projects in the past 18 months. These initiatives showcase the full spectrum of Equisoft’s solutions, centered around its flagship Equisoft/manage platform—a comprehensive SaaS policy administration system for life, group, and annuity products.
Eleven projects included large data migrations, helping clients accelerate the development of innovative products, differentiate against competition as well as reduce risks and operational costs associated with the legacy systems.
“The scale and success of these implementations demonstrate the deep industry expertise we’ve built over three decades. What started in 1994 with the development and delivery of a desktop investment analysis solution, has evolved into a mission to make financial services accessible to all—supported by more than 900 team members around the globe,” said Luis Romero, Founder and CEO of Equisoft. “We invest massively in our R&D, but also in our expertise. Successful deliveries are the only milestone that matters when it comes to ROI. Our onshore, nearshore, and offshore delivery model provides the right blend of lower risk, cost structure and scalability that our clients expect.”
Last year Equisoft secured a $125 million equity investment to support global expansion and further accelerate the development of its integrated life insurance software platform and wealth products. In the past five years, the company has experienced strong growth and now services over 300 financial institutions in over 20 countries. Equisoft’s success has made it a dominant player in LATAM, the Caribbean, Europe, and North America.
“We’ve evolved from basic policy administration implementation to delivering complete, end-to-end digital ecosystems that help financial services companies modernize their insurance, investment, and pension operations to better serve their customers in a digital world,” added Romero.
In addition to these policy administration deliveries, Equisoft has onboarded over 25 clients for Equisoft wealth solutions, where the SaaS solutions can be deployed within weeks.
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