Majesco Life IllustratePlus

Majesco Life IllustratePlus is a highly flexible, scalable, web-based illustrations and quotations SaaS solution that supports new and existing business across all products for Life, Pensions, Wealth Management, Group and Individual Business.

Majesco Life IllustratePlus encompasses life assurance illustrations, wealth management and pension illustrations. Products can be dynamically modified, updated and changed through the Product Development Application (PDA).

Majesco Life IllustratePlus is RDR (Retail Distribution Review) compliant and it supports Straight Through Processing (STP).

The main features of Majesco Life IllustratePlus are:

• Product Development Application
• Graphical User Interface
• Product Component Libraries
• Touchstone Plus (Test management and execution utility)
• Calculation Engine(4,500+ calculations)
• Service Manager & Service Interfaces
• Deal Management facilities
• Document Manager
• Rapid implementation
• Service Oriented Architecture (SOA) compliant

Benefits of Majesco Life IllustratePlus include:

• Faster delivery – across multiple channels with minimal risk and investment
• Speed to market for new products – by configuring new products using the Product Development Application (PDA)
• Simplifies the implementation of regulatory changes
• Ease of integration – through its open architecture and web serviced integration points
• Innovation – supports product and business innovation through scale, ease of implementation, automation and lower cost of ownership
• Improved customer service – faster turnaround time on service requests, reduced errors, improved data quality
• Cost and process efficiency – reduced transaction costs and increased process efficiencies by reducing manual processes and duplicate data entry
• Shorter testing times achieved through Touchstone Plus, a test manager and execution utility: over 6000 test cases shipped
• Reduce/remove dependence on old technologies
• Supports a wide range of business processes