Medical aid administrator Medscheme has joined forces with Business Objects (represented locally by Usko Software) to launch iFundi, a Web-based reporting mechanism which will provide healthcare sector trustees, brokers and fund managers with immediate access to online fund-level information.
Kim Kennedy, data warehouse manager for Medscheme, says the new system will provide intermediaries, trustees and fund managers with customised information from Medscheme`s data warehouse.
Medscheme administers over 50 different medical schemes. Confidentiality of information is assured as recipients are only allowed access to information pertaining to their specific clients.
Kennedy says the service is provided free of charge as a value-added benefit to Medscheme affiliates. "We are providing users with access to in-depth information which allows them to track trends and patterns and provides them with the information necessary to verify the financial well-being of the scheme," she says.
"This is the first extranet application of WEBI in Africa and we are confident that it will set the trend for future utilisation in similar disciplines," says Annaliza Janse van Rensburg, product manager for Usko Software.
A pilot is being undertaken at Alexander Forbes and it is expected that iFundi will commence with a user base of 200 to 300 users.
Medscheme runs Oracle Parallel Server using RISC technology on Siemens Nixdorf hardware. Information on the company`s 50 medical aid schemes is constantly updated on this equipment, with the database growing at some six million claim lines per month.
The support tool behind iFundi is Business Objects` Web Intelligence, a thin-client solution that enables users to securely access, analyse and share corporate data using a browser interface.
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