CONVERSION
Legacy Freedom
Adding a new administration system didnt make sense unless the old systems somehow could go away. Conversion technology made that possible.
Saddled with three different mainframe legacy systems to administer its annuity division, MONY Life Insurance realized it needed a new administration system that would make the insurer more flexible and allow it to get to market faster with new products. E.P. Rogers, senior vice president and CIO of The MONY Group, recognized simply adding another administration system on top of the others would not solve the long-term needs of the division.
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