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Vitech Named a Life & Retirement Platforms Leader in the 2020 ISG Provider Lens™ Insurance BPO Platforms Report for the U.S.

NEW YORK, May 12, 2021 Vitech Systems Group announced today that it has been named a Life & Retirement Platforms Leader in the 2020 ISG Provider Lens™ Insurance BPO Platforms Report for the U.S.

Vitech was recognized for its group benefits focus, strong pension risk transfer capabilities, and the advanced, cloud-native architecture of its flagship V3locity solution. As noted in the report, “Vitech has secured a leadership position and is a top player in the L&R Platforms space. V3locity…provides L&R carriers with an advanced solution to meet their group benefits administration challenges.”

“We are honored that Vitech has been named a Life & Retirement Platforms Leader by ISG in its first 2020 ISG Provider Lens™ Insurance BPO Platforms report for the U.S.,” said Gary Sherne, Vitech’s Chief Revenue Officer. “This recognition underscores the strength of V3locity to transform our clients’ operations for seamless, advanced performance and enable new and innovative market offerings for their long-term growth.”

V3locity is Vitech’s cloud-native administration, engagement, and analytics platform. It is a transformative suite of complementary applications that offers full life cycle business functionality and robust enterprise capabilities. It marries core administration with a revolutionary digital experience. Its modular design enables flexible, agile deployment strategies. V3locity employs a cloud-native architecture that leverages the unique capabilities of AWS to deliver a solution with unparalleled security, scalability, and resiliency.

About Vitech®

Vitech is a global provider of cloud-native benefit and investment administration software. We help our Group Insurance, Pension Fund Administration, and Investment clients expand their offerings and capabilities, streamline their operations, gain analytical insights, and transform their engagement models. Vitech employs over 1,400 professionals, serving over 100 of the world’s most successful insurance, retirement, and investment organizations.

About ISG

ISG (Information Services Group) is a leading global technology research and advisory firm. A trusted business partner to more than 700 clients, including more than 70 of the top 100 enterprises in the world, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data.Vitech Named a Life & Retirement Platforms Leader in the 2020 ISG Provider Lens™ Insurance BPO Platforms Report for the U.S.

Disclaimer: The following Press Release comes to you under a network of a strategic syndication partnership with PR Newswire. Prittle Prattle News takes no editorial responsibility for the same.

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