FintechOS Named Technology Standout Provider by Celent

London, United Kingdom – October 30, 2023 – FintechOS, the global leader in fintech enablement, has been named a Technology Standout by Celent in its latest EMEA Life Policy Administration Systems Report.

Celent, a leading research and advisory firm specializing in financial services technology, evaluated dozens of industry players and has recognized FintechOS as a technology standout for its innovative technology and its ability to help insurers get new digital products and services to market quickly and cost-effectively.

“We are honoured to be recognized by Celent as a Technology Standout Provider in the Life Policy Administration space,” said Teo Blidarus, Co-founder and CEO of FintechOS. “This recognition is a testament to our commitment to helping banks and insurance providers innovate and deliver exceptional value to their customers. In the life insurance space, there is tremendous opportunity to streamline processes and improve the digital customer experience and we are glad to be at the forefront of enabling life insurers to reap the benefits that come with modernizing their businesses.”

FintechOS is a cloud-native platform that enables insurers and other financial institutions to quickly define, distribute, service, and update digital products and services. The platform enables companies to augment their existing core technologies with flexible digital product and journey creation tools that accelerate time-to-market, lower product innovation costs, and create high-quality digital journeys that increase customer engagement.

The platform also provides pre-built, composable business capabilities and automated workflows for policy administration, billing and collection, claims and partnership management. These enable insurers to support new products and services while gradually modernizing their core systems and reducing cost ratios.

According to Nicolas Michellod, Principle Analyst at Celent, Insurance Practice and author of the research, “FintechOS’ advanced technology makes it a strong contender for insurers looking to rapidly incorporate next-gen processing.” Michellod further added that “the wide range of ecosystem connectors to third-party data and services enables insurers to bring new innovation to their products and customer journeys without the need for separate integrations.”

This distinction from Celent reaffirms FintechOS’ investments in changing the way insurers and MGAs launch new products and services using new technologies like low-code/no-code, AI, and machine learning.

Download Celent’s ninth EMEA Life Policy Administration Systems Report naming FintechOS as a Technology Standout here.