BLR Savings Project P

Data Code of Conduct We, in our dealings, be self-regulated by a Code of Conduct as enshrined In the Data Code of Conduct. We request your support In fate us adhere to the Code In letter and split. We request that any violation or electric potential violation of the Code by any person be promptly brought to the notice of the Local ethics Counselor or the Principal Ethics Counselor or the CEO of TTS. All communication genuine in this regard will be treated and kept as confidential. 2 Table of subject area 4 2. Project 3. Scope of 4. Suggested Solution by TTS 6 5. Technology and Tools ? 7 6.Facts and 9 7. Highlights . 8. Benefits to the node ? 3 The customer is one of the leading financial serve companies in the unit of measuremented Kingdom (I-J). They deplete over 7. 5 million people investing in mingled life assurance, aid, investment and common insurance plans. This is one of Auks top 50 companies in the Financial Times and Stock Exchange (FETES) list and its operatio ns are spread crosswise the world, mainly in the unit of measuremented States (US), France, Netherlands, Germany and I-J. This leading financial services company makes financial security easier to achi eve for millions of people.Through the range of general insurance and nurseion products that the company offers, it helps protect lives, health, homes and belongings of millions of people. 2. Project Background The customer, based in the I-J, has entrusted Data Consultancy Services (TTS) with the task of managing the today-day IT operations of various business units. This engagement aims to deliver administration services of high quality to the customers Wealth Business Unit at reduced costs, increased efficiency and reduced time to deliver projects. The following strategys form a part of the Wealth Delivery Unit Future ProductFramework The Future Product Framework ( sullen) system plays a central role in the customers Pension and Investment business and in the customers strategic Pensions and Bonds administration system. OFF was implemented in 1999. It was designed to provide flexibility in products to meet customer requirements. OFF is a rules and derivative system and has the capability to launch products to the market quickly. UNIt link PENsion UNIt Linked PENsion (UNEVEN) is the customers legacy system that was developed in- house and was originally implemented in 1980.Since 2001, many of its functions eve been replicated within the newer OFF system, and as a consequence almost all new pension contracts are set up on OFF rather than on UNEVEN. Some parts of UNEVEN confine been replaced by separate applications such as Individual Pension Claims (PC) and Pensions Increments (PINCH). PC The PC is an online system that enables the creation, maintenance, and opinion of Personal and Corporate pension quotations based on the customer pension plans. This system handles retirement, death and lurch out. It is predominately an online system. Quotation documents are composed using SF. PC was implemented in 1992.PINCH The PINCH system was construct to replace the existing UNEVEN renewal routines and to provide dados Benefit Statements and online illustrations. It is primarily used to produce Benefits Statements and additive Illustrations for Individual and Occupational Pensions. It was implemented in 1994. Group Pensions The Group Pensions system handles the administration of the following pension products POP, POP and the Group Pension schemes with respect to maintaining member records and renewal processing. It also administers the settlement of claims for deaths and retirements, including producing claim quotations. ValuationsThe Valuations system performs the evaluation of policies across various applications within this account to finally arrive at a valuation of customers business. Agency, Customer, Finance and Healthcare These systems coordinate with the business to align with the business with respect to Agency and customer detai ls. 5 3. Scope of Work The scope of this engagement is to provide application development and maintenance services across both the legacy and strategic systems of the customers Wealth Business Unit. TTS provides the following services to the Wealth Business Unit Management of all the phases of the project lifestyle