NextGen AMS Helps Leading US-based Employee Benefits Company Reduce Costs

Client

The client is a leading employee benefits company in the US with specialized expertise in voluntary benefits, health benefits, small business benefits, and comprehensive fitness solutions. The company is over 110 years old and has 2+ million members, policyholders, or plan participants.

Challenge

The client wanted to fuel their digital transformation objectives by efficiently and cost-effectively managing their IT application landscape. They needed an all-encompassing application management solution for the applications and technology stack in their portfolio.

Their end-to-end application management needs spread across 80% of their business applications footprint across units and involved:

• Application management and transformation
• Application and integration development
• End-to-end testing for business-critical products
• Independent testing for their group insurance platform

They were seeking the right partner who could also help with enterprise-wide digital transformation with the Pega platform, enhance the digital workplace, and improve ITSM support.

Solution

Hexaware’s NextGen Application Managed Services model ticked all the right boxes and provided a holistic solution for the client. The engagement followed a best-practices agile roadmap that drove process, technology, and business transformation.

The solution approach ensured the following milestones:

• Synergized operations for applications and infrastructure
• Automation through
  • Chatbots and AI-powered virtual assistants
  • Hexaware’s Tensai
  • Script-based resolutions
  • Robotic Process Automation (RPA)
  • A.NET utility for processing IPA file
• Comprehensive Service Coverage
  • Service Desk – 12*5 support + on call
  • Data center and Networks : 24*7 monitoring and 12*5 + on-call support
  • Applications : 16*5 support + on call
• Deployment of ServiceNow as the ticketing tool with ITOM capabilities
• A Pega BPM solution compatible with 3rd party benefits administration products

Proposed a reusable custom data capture solution to detect deltas, automated reconciliation, and tracing of data from source to target within the mainframe.

Benefits

• $1.6M Savings across 3 years by implementing efficiency & automation of business value adds
• 35% Improvement in application uptime
• 25% Tickets resolved through automation
• 50% Reduction in false positives
• 100% Process automation for policy cancellation through RPA

Summary

The client benefited from our end-to-end application managed services paradigm, which enabled value-driven transformation. The outcome-based engagement bolstered by automation led to sustainable cost takeout. The client achieved savings of $1.6M over three years. Our proprietary intelligent automation platform, Tensai®, was a game changer in the rewarding journey for the client. The transformation and governance exercise included more than 130+ applications and 850+ OS instances and delivered exponential business value.