CSC Introduces Family of Global Solutions to Latin American Financial Services Market |
LAS VEGAS, Nov. 3 /PRNewswire/ -- CSC (NYSE: CSC) strengthened its
presence in Latin America by introducing to the market a wide spectrum of
software and services for the financial services industry at the
Inter-American Federation of Insurance Companies (FIDES) conference in Las
Vegas this week. To address the needs of financial services firms
throughout the region, CSC is enhancing its software, including core
administration systems, to support the currency, language and unique
country-specific regulations and business requirements. Firms will also
benefit from CSC's client-centric approach to providing management
consulting, systems integration and business process and IT outsourcing.
(Logo: http://www.newscom.com/cgi-bin/prnh/20090422/CSCLOGO )
Leveraging its recent acquisition of BearingPoint Brazil, strategic
in-country alliances and more than 1,000 CSC employees based in Latin
America, CSC is offering these solutions to the general, life, health and
group insurance; reinsurance; banking; and credit companies of the region.
This includes local firms as well as multinational corporations with Latin
American operations. More than 1,200 financial services clients throughout
the world currently use CSC's portfolio of software and services to
efficiently run their operations and improve customer service.
"Latin America's financial services markets are among the fastest
growing in the world, as companies seek IT solutions to improve their
market positions," said Eric Prothero, a senior vice president of IDC.
"It's no surprise that a global IT software and services company is
building relationships and expanding its offerings in the region."
Two-thirds of the world's top 50 insurers and one-third of the world's
top 50 banks have chosen CSC solutions. CSC is in the process of building
in-country service delivery centers or forming alliances with IT services
firms for localized implementation and support in select Latin American
countries. CSC employees are currently located in Argentina, Brazil, Chile,
Colombia, Costa Rica, Guatemala, Mexico and Peru.
"Our multi-year strategic growth plan for financial services is built
on leveraging key horizontal capabilities, such as ERP software
implementation support, systems conversions and infrastructure outsourcing,
and adding vertical industry expertise to provide a comprehensive set of
solutions," said Jim Cook, president of CSC's Business Solutions and
Services Sector. "With this proven set of globally tested solutions and an
expanding footprint, CSC brings new, enhanced options for insurance,
reinsurance and banking in this dynamic and growing market."
About CSC
CSC is a global leader in providing technology-enabled solutions and
services through three primary lines of business. These include Business
Solutions and Services, the Managed Services Sector and the North American
Public Sector. CSC's advanced capabilities include systems design and
integration, information technology and business process outsourcing,
applications software development, Web and application hosting, mission
support and management consulting. Headquartered in Falls Church, Va., CSC
has approximately 92,000 employees and reported revenue of $16.2 billion
for the 12 months ended July 3, 2009. For more information, visit the
company's Web site at http://www.csc.com.
SOURCE CSC
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CONTACT:
Marian Kelley, Director, Media and Analyst
Relations, Financial Services Group, +1-512-275-5722,
mkelley3@csc.com; or Chris Grandis, Media Relations Director,
Corporate, +1-703-641-2316, cgrandis@csc.com
