ROI recognizes that their clients are searching for business solutions, not more technology purchases. While ROI knows that technology must deliver that business value, it’s an expense that needs to be kept check whenever possible. When a client engages with ROI, the client receives a consultative review of how the client can derive strategic value; and where the need for change exists– front, middle, or backend systems.
“There is an imminent need for the Insurance carriers to become more efficient in their middle-office. We provide a strategic approach towards exerting their core system transformations that not only minimizes the underlying risks, but also upholds the investment value for the clients,” says Jonathan Kalman, President of Insurance Solutions, ROI.
Founded in January of 2012, ROI provides innovative consulting, systems integration and commercial software engineering solutions to help clients strategize, design and implement core systems transformation solutions, positioning them to successfully respond to the pervasive impact of I-SMAC— the Internet of Everything, Social Media, Mobility, Analytics and Cloud- Computing. The company has a global network of delivery teams located across the U.S., Eastern Europe, and Russia.
Some specific disruptive technologies that ROI utilizes to provide real value to its clients are derived from the IP of its partnerships with SAP, and leveraging HANA real time database and predictive analytics capabilities and hybris technologies—the number one commercial omni-channel solution provider worldwide. According to ROI, SAP HANA is not a data storage device, but rather it can accept data from any data source (Oracle, IBM, Hadoop, SAS) and reformat it for real time insurance transactions.
With Insurance and FSI being the key verticals on which ROI delivers its services and solutions, the company also approaches sub verticals such as capital markets, wealth and asset management and retail banking. On the insurance side, it includes group, casualty, health and life insurance carriers.
One of ROI’s most exceptional successes can be found in their implementation of a cloud-based policy and claims solution with an insurance company that was providing insurance to high risk coastal home owners. When Hurricane Sandy hit the New England coast, the insurance company was able to handle tens of thousands of property claims without crashing their core systems. Since their core systems were cloudbased, they were able to shift some of the claims adjusting efforts to its preferred TPA Without incident. Going forward, ROI is positioned to become one of North America’s fastest growing companies and one of sAP’s top global Insurance and Financial Services partners. “We look forward to bringing our clients, innovative solutions on sAP technology, along with implementing our own intellectual property,” concludes Kalman.