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SilverBridge partners with SolveCo

Johannesburg, 11 Sep 2012

SilverBridge, a specialist supplier of software and services to the financial services industry, has formally accredited SolveCo to provide implementation and support services related to SilverBridge's Exergy software.

SolveCo, a specialised actuarial consulting and testing services supplier, is ideally positioned to provide services relating to Exergy. SolveCo's expertise will go a long way, especially when it comes to testing, refining and designing new life assurance products. Similarly, the partnership broadens Exergy's ecosystem, with more trained consultants that are familiar with the product and its implementation - allowing both SilverBridge and SolveCo to deliver a more complete solution to their clients.

"We have established a good working relationship with SolveCo over the past two years," says Gawie Erasmus, Partner Programme Executive for SilverBridge. "Being an approved independent service provider means SolveCo can provide a spectrum of services related to Exergy, SilverBridge's answer to the challenges currently facing the life insurance industry. SolveCo has already sold an Exergy implementation to a new client!"

Established in 2006, SolveCo's focus is to deliver affordable solutions to all needs within a life insurance company. "We view business from all perspectives before constructing a solution, from ease-of-administration, effective marketing, simplicity and profitability, to competitive pressures," says Mia van Garderen, founding director of SolveCo. "Which is why we welcome the partnership with SilverBridge and its leading software solution, Exergy; it's aimed at servicing a wide range of financial products by using one framework that is flexible both in terms of deployment and use."

"The formalisation of our partner programme will enhance SilverBridge's competitive position in the market and strongly support our growth targets for the year considering the extended solution that we have to offer, with an accredited partner to further drive sales, delivery and implementation," concluded Erasmus.

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SilverBridge

SilverBridge offers clients in the financial services industry reliable solutions that aim to simplify their operations by enabling and improving their business processes. It achieves this by implementing its system platforms and customising them to meet client needs. The valuable experience it has gained through its existing African footprint and the contributions made by strategic partnerships within its solution ecosystem, positions it well to take advantage of opportunities by making life insurance simpler.

Exergy is its flagship platform that enables core back-office policy administration in the life assurance industry. The broader Exergy solution package has specific applications, which can be customised to suit the needs of a long-term insurer. It uses solution design to address more than just customisation of existing products and contract information - it aims to enable its clients to drive their strategic business objectives efficiently. Its approach is to identify and define strategic customer business objectives, translate those to IT requirements, and to implement winning, long-term solutions.

Visit www.silverbridge.co.za.

SolveCo

The SolveCo value proposition is to provide affordable traditional and non-traditional actuarial solutions to the financial services industry in southern Africa and abroad. Its traditional actuarial team is supported by a technically advanced IT team for building detailed models, databases and custom applications. This blend of skills and expertise enables it to provide solutions to any or all of clients' office needs.

Visit www.solveco.co.za.

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