iSoftStone Expands Service Delivery Capabilities in the Insurance Industry

USA - English

• USA - English

BEIJING, Aug. 2 /PRNewswire-Asia/ -- iSoftStone Information Technology (Group) Co., Ltd. (iSoftStone) and SunGard have signed an agreement to jointly offer IT services to clients in the finance services and insurance industries in China and across the Asia-Pacific region, in conjunction with the deployment of SunGard's iWorks platform. This partnership provides unique competitive advantages for both iSoftStone and SunGard in serving insurance industry clients, which typically require specialist service capabilities to compliment advanced products such as iWorks. iSoftStone's experienced China-based implementation teams and technical expertise combines with SunGard's highly experienced industry consulting services to bring a total solution to clients in the region.

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iSoftStone is a global provider of consulting & solutions, IT services and business process outsourcing services to leading clients across industries. iSoftStone's Banking, Financial Services, and Insurance (BFSI) practice is a leader in providing technology services from China to both domestic and MNC clients. With specialized knowledge and experience in the financial services and insurances industries, and its own proprietary IP-based industry solutions, iSoftStone can deliver service excellence across a range of BFSI client needs, such as core banking, securities, trust, enterprise treasury, overseas financial services, and insurance.

"We are pleased to achieve this strategic partnership agreement with SunGard," said TW Liu, Chairman & CEO of iSoftStone, "I believe it will allow us to become even more competitive in China's BFSI, by accessing the professional experience and service capabilities of iSoftStone along with SunGard iWorks' solutions. Numerous clients have already witnessed the benefits of SunGard iWorks' solutions and we look forward to being their strategic partner for further success. Furthermore, this partnership is a testament to iSoftStone's balanced market approach, with a strong presence in China's domestic IT services market, as well as serving global clients and partners such as SunGard."

Peter Haslebacher, COO of SunGard iWorks Asia Pacific, expressed that solutions from SunGard iWorks can greatly optimize business operations in the financial and insurance industry, by cooperating with a global IT services leading provider, iSoftStone - in the Asia-Pacific region, including mainland China, Japan, Taiwan, and South Korea - where iSoftStone will provide support to SunGard in multiple end-client languages.

About iSoftStone

Established in 2001, iSoftStone is a leading China-based provider of outsourced technology services, including Consulting & Solutions, IT Services and Business Process Outsourcing. iSoftStone is an IT integrated services provider and strategic partner for clients in the Financial Services, Telecommunication, High Technology, Energy, Transportation and Public Sector industries. For more information on iSoftStone, please visit http://www.isoftstone.com/en/corporate/whoweare.htm

About SunGard

SunGard is a global IT solutions provider in the financial and insurance industries. As one of the world's leading software and technology services companies, SunGard serves over 25,000 customers located in more than 70 countries. SunGard's client base includes the world's top 25 financial services companies by revenue. For more information on SunGard, please visit http://www.sungard.com/aboutsungard.aspx

SOURCE iSoftStone Information Technology (Group) Co., Ltd.