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Solutions for adopting a factory model in implementing core systems packages

ValueMomentum assists Insurance Carriers and Financial Services firms with implementations of package applications that aim to replace or modernize core systems such as Policy Administration, Claims Administration, Billing, Loan Origination & Servicing, Deposit, Card and Wealth Management systems.

ValueMomentum can help you leverage a “Factory Model” for your core systems implementations; we understand your mandates for core system implementations:

• Rollout Functionality and Products Rapidly
  • Meet program objectives of ease of business, increased revenue, reduce costs
  • Meet stakeholder objectives: agents/brokers, product managers, actuaries, underwriters, processing, regulators
  • Achieve program objectives within time/budget; plan for contingencies, lower costs for labor intensive tasks, achieve momentum

• Continuously Reduce Time & Cost for Rollouts
  • Leverage the assembly line approach for excellence in each phase of the SDLC; reduce cost and time for each iteration through continuous improvement

• Maintain and Enhance with Ease
• Mature processes, platform to enable rapid rollout of new products, functionality
• Keep up with new opportunities, regulations, platform upgrades with minimal costs / time

The tenets of ValueMomentum’s approach to core systems replacement and modernization include:

Utilize Core Flex Teams

Institute Assembly Lines

Leverage Global Delivery

Standardize, Reuse

Timeboxed Deliverables

ValueMomentum recognizes that there is a heterogeneous landscape of core system packages and offers its factory model for all phases of the SDLC with the exception of Configuration.

ValueMomentum offers Implementation services all phases of the SDLC including Configuration for OneShield’s Dragon Policy Administration System, for which ValueMomentum is a Silver Certified partner and ranks several P&C clients as its customers.

For Insurance carriers that have other core systems and for Financial Services firms, ValueMomentum offers the Factory Model for implementation involving the following SDLC phases:

Pre-implementation, Implementation and Post-implementation services

Requirements Elicitation, Functional Specification with analysts possessing LOB and functional experience

Integration with 3rd party vendors, upstream and downstream systems, ODS/DW

Quality Assurance, Testing, Test Automation, Performance Testing

Data Conversion

Post-deployment support

Call us today to learn how we can engage to address your unique objectives.