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Posts Tagged ‘software’
Blog, Enterprise IT - Friday, May 17, 2013 11:49 - 13 Comments
32 years later, CGU replaces insurance IT platform
blog Think core banking platforms last a long time? Check out the gray hairs and wrinkles on the positively ancient insurance IT system which CGU is still running. This thing is so old it should be code-named ‘Methuselah’. In fact, we’d be very curious to know precisely what platform CGU is running it on at this point. iTNews tells us (we recommend you click here for the full article):
“Insurer CGU will look to replace its 32-year-old core policy maintenance system (PMS) in the coming year as it embarks on a new three-year growth plan. PMS was implemented in 1981 as an off-the-shelf package but has been modified significantly over the years.”
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