American United Life Insurance Company Selects SunGard Employee Benefit Systems; Multiple SunGard Products Give AUL a Scalable Business Solution.Business Editors BIRMINGHAM, Ala.--(BUSINESS WIRE)--Dec. 15, 2000 SunGard Employee Benefit Systems (EBS See Swiss Electronic Bourse. EBS See electronic blue sheet (EBS). ), an operating group of SunGard (NYSE NYSE See: New York Stock Exchange :SDS 1. (company) SDS - Scientific Data Systems. 2. (tool) SDS - Schema Definition Set. ), announced that the company has been selected by Indianapolis-based American United Life Insurance Company (AUL) as its e-Processing technology partner. Under the agreement, SunGard will provide AUL with the technology to integrate all of its financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. needs, including trade management, share and deposit reconciliation, annuity payouts, retirement benefit projections and automated imaging and workflow. More than eight fully integrated ancillary products enhance the robust functionality of the core OmniPlus record-keeping system, enabling AUL to manage $10 billion in assets. "We are rebuilding our entire infrastructure and looking to SunGard for guidance and solid technology in this endeavor," said AUL vice president of accounting and control, John Bilo. "SunGard EBS will provide us with a complete end-to-end business solution so that we can better meet our customers' widely diversified needs." "Everyone is benefiting from this kind of partnership," said SunGard EBS project manager, Thad Eastep. "We married their business requirement to our technical capabilities and created a one-stop shop One-Stop Shop A company or a location that offers a multitude of services to a client or a customer. The idea is to provide convenient and efficient service and also to create the opportunity for the company to sell more products to clients and customers. , so that they can continue to grow cost-effectively." About American United Life Insurance Company AUL and its predecessors have been in business since 1877. A mutual company with headquarters in Indianapolis, Indiana “Indianapolis” redirects here. For other uses, see Indianapolis (disambiguation). Indianapolis (IPA: [ˌɪndiəˈnæpəlɪs]) is the capital city of the U.S. , AUL is licensed to sell in 49 states and the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). . The company offers life insurance and annuities, group life and disability insurance, pension products and reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. services. For more information about AUL, visit the company's Web site at www.aul.com About SunGard SunGard Employee Benefit Systems is an operating group of SunGard (NYSE:SDS), a global leader in integrated IT solutions and eProcessing for financial services. SunGard is also the pioneer and a leading provider of high-availability infrastructure for business continuity. With annual revenues in excess of $1 billion, SunGard serves more than 10,000 clients in more than 50 countries, including 47 of the world's 50 largest financial services institutions. Visit SunGard at www.sungard.com. Trademark information: SunGard(R), the SunGard logo and OmniPlus are registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders. |
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