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Celent

Boston, MA, USA
June 30, 2008

The Business Case for Modern Policy
Administration Systems

Table of Contents

Return to report Abstract

Executive Summary 3
Introduction 4
  Entering the Modern Policy Administration System Era 4
Building the Business Case 8
  Hard vs. Soft Benefits 8
  Hard Dollar Costs 11
  Hard Dollar Benefits 13
  Putting It All Together 15
  Timing Considerations 17
Vendor Selection Processes 18
  Best Practice Approaches 19
Final Observations 20
 

About Celent

Celent is a research and advisory firm dedicated to helping financial institutions formulate comprehensive business and technology strategies. Celent publishes reports identifying trends and best practices in financial services technology and conducts consulting engagements for financial institutions looking to use technology to enhance existing business processes or launch new business strategies. With a team of internationally experienced analysts, Celent is uniquely positioned to offer strategic advice and market insights on a global basis. Celent is a member of the Oliver Wyman Group, which is part of Marsh & McLennan Companies [NYSE: MMC].

Media Contacts

New York - Dana Lautin
dlautin@celent.com
Tel.: +1 646 364 8254

Paris - Muriel de Munck
mdemunck@celent.com
Tel.: +33.1.73.04.46.19

Tokyo - KyongSun Kong
kkong@celent.com
Tel.: +81 3 3596 0020

 

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