pTools wins EUR200k cloud deal

Software company, pTools has signed a deal to deploy enterprise-level Web content management software for Capital Management Insurance of Bermuda, worth EUR200 000, TechCentral.ie reports.

The solution will help Capital Management transform its pensions and annuity management through online applications for client management, communications services and funds management.

According to Silicon Republic, pTools CEO Keith Wood says: “Use of online systems to manage and maintain information-based relationships not only replaces the traditional paper trail, but dramatically improves governance, reduces risk, and enforces compliance.”

Wood adds that the software enables enterprises to build secure membership environments online and tailor Web forms for different audiences and channels. “This information, once captured, can then be delivered to backend systems for immediate analysis."

Inside Ireland states the solution is set to use pTools System 6; which was released last year and is built using cloud computing infrastructure, ensuring scalability.

Tom Williams, CEO of Capital Management Burmuda, says building an online presence is a key part of the company's strategy to interact with customers. He adds the systems will enable Capital Management to roll out more services and products.

“We are already seeing significant cost savings alongside improvements in communication,” Williams adds.