City of Milwaukee, Wisconsin Taps Covansys Corporation to Implement $11 Million Retirement System.Business Editors/High-Tech Writers FARMINGTON HILLS Far·ming·ton Hills A city of southeast Michigan, an industrial suburb of Detroit. Population: 81,400. , Mich.--(BUSINESS WIRE)--July 28, 2003 System to Improve Business Efficiencies and Processes for City, While Enhancing Customer Service Covansys Corporation This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. (Nasdaq: CVNS CVNS Concert Virtual Network Service CVNS Aircraft Carrier Navigation System CVNS Cardiovascular Neurological Services CVNS Continuous-Valued Number System ), a global consulting and technology services company, today announced that the city of Milwaukee's Employees' Retirement System (ERS ERS, n.pr See extended rotated side-bent. ) has tapped them to implement an $11 million Pension Management Information System (PMIS PMIS Project Management Information System PMIS Personnel Management Information System PMIS Property Management Information System PMIS Performance Management Information System PMIS Production Management Information System ) that will improve business efficiency, data management and member services. ERS, a $3.7 billion pension fund, administers retirement benefits for active or deferred city employees and participating agencies, which include any board commission, division, department, office or agency of the city. In total, ERS services 27,000 individuals, including 16,700 active and deferred members and 10,300 benefit recipients. Utilizing Covansys' proprietary, Java-based Public Retirement Fund systems framework called Clarety, the new system will enable the city to provide more timely and efficient member services. PMIS will also be designed to increase operational efficiency due to improved common functions and shared data, while maintaining enough flexibility to address changing federal, state, and city rules and regulations. "It is our goal to provide the best possible services to our members and employers in a cost-effective and time efficient manner," said Anne Bahr, executive director, Milwaukee ERS. "When fully implemented, PMIS will significantly enhance our customer service capabilities and improve internal operations through the elimination of redundant databases and paper intensive processes. We are pleased to be teamed with an expert like Covansys and are confident that the ERS will benefit from their industry leadership within the public sector." "We are delighted that ERS has selected our Web-based solution, Clarety. This will be Covansys' first Clarety implementation at the local government level. All of our prior implementations have been statewide. We believe this will open up the larger local market for our proven retirement solution," said Arvind Malhotra, Covansys Public Sector senior vice president. "We feel confident that implementing Clarety will provide significant productivity gains to the ERS staff, while improving customer service to system members, retirees and employers for years to come." The Java edition of Clarety is fast becoming a preferred solution in the public sector market. Powered by IBMWebsphere(1), the Java edition is the most technically advanced edition of Covansys' Clarety retirement software to date. IBM's WebSphere infrastructure software enables organizations to develop, deploy and integrate next-generation e-business applications, from basic Web publishing Creating a Web site and placing it on the Web server. A Web site is a collection of HTML pages with the home page typically named INDEX.HTML. Web sites are designed using Web authoring software which provides a graphical layout capability or by hand coding in HTML or both. to enterprise-scale transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. . The Milwaukee ERS will deploy WebSphere technology, in conjunction with Covansys' Clarety solution, for the delivery of valuable information and services to constituents of the public sector, including improved customer service and productivity. Milwaukee ERS is the third retirement customer that has selected the Java edition since its general release in 2002. For the past 18 years, Covansys has provided public sector solutions to more than 45 states in the areas of health and human services Noun 1. Health and Human Services - the United States federal department that administers all federal programs dealing with health and welfare; created in 1979 Department of Health and Human Services, HHS , public retirement, public health, motor vehicle services and unemployment insurance systems. In the public retirement sector, Covansys has emerged as a technology leader, providing retirement solutions and services for 18 different public retirement funds. Covansys derives more than 31 percent of its current annual revenues from state and local government clients. About Covansys Headquartered in Michigan, Covansys Corporation (Nasdaq: CVNS) is a global consulting and technology services company specializing in industry-specific solutions, strategic outsourcing and integration services. Clients gain competitive advantage by leveraging our unique on-site, offsite, offshore delivery capability to achieve rapid deployment, world-class quality and reduced costs. A leader in the public sector market, Covansys is also known for application maintenance and development outsourcing in the healthcare, 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. , retail and distribution, manufacturing, telecommunications and high-tech industries. Founded in 1985, with over 4800 employees worldwide, Covansys was one of the first U.S.-based IT services companies to establish offshore facilities in India, and is a pioneer in seamlessly integrating offshore capabilities into its offerings. Two of the company's three wholly owned development centers in India are assessed at Level 5 in SEI CMM SEI CMM Software Engineering Institute Capability Maturity Model (R). All three are ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001:2000 certified See certification. and assessed at Level 5 in PCMM PCMM People Capability Maturity Model PCMM Packet Cable Multi-Media (R). Covansys was named one of the leading IT companies for state and local governments in 2002 and 2003 by Washington Technology magazine, and one of the top 500 solution providers in 2002 and 2003 by VARBusiness magazine. Visit our web site: www.covansys.com. (1) Indicates trademark or registered trademark of International Business Machines Corporation. All other products or company names mentioned are used for identification purposes only, and may be trademarks of their respective owners. |
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