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NIIT Technologies helped the client in consolidating six (legacy/non legacy) systems into a single PAS application (wm A).

The effort also involved conversion of more than 5 million policies before the stipulated deadlines.

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By using this site you agree to NIIT Technologies Limited’s use of cookies. Insurance industry is experiencing numerous challenges related to Underwriting and Investment profitability.

And, Credit.com’s free credit report summary can help you understand what’s inside your credit report. There are several safe and smart ways to consolidate credit card debt, so you’ll want to research them before deciding what’s best for you.

Some strategies will be more affordable than others, and your credit card consolidation choices may be limited by your credit standing.

Using unique conversion methodologies, the client realized significant benefits as a result of the PAS consolidation.Here’s how credit card consolidation works: You first decide if you want to take out a new loan, open a new credit card, or enroll in a debt management plan (more on that later).Whichever option you choose, you will use it to pay off your multiple balances.These ageing legacy and non-legacy PAS were not only difficult to maintain, they were also complex and incurred high operating costs.Due to this, the client was facing difficulties in launching new products into market faster than the competitors, hence losing their competitive edge.

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The best way to consolidate credit card debt — and whether consolidation will work for you at all — depends on your situation, so you might want to consult a non-profit credit counselor about your best options.

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