ExpeData and MphasiS, a leading IT services provider, today announced a partnership to enable insurance agents to capture front-end data such as new applications electronically using Anoto® digital pen technology.

The partnership facilitates MphasiS integration of the ExpeData’s EDW platform with the Insurance Sales Modernizations Solution (ISM). ExpeData’s EDW is a digital pen enabled end-to-end software platform that automates the collection of natural inputs including handwriting at the point of entry. Through this alliance, the two companies will offer a combined solution to their insurance customers in Australia, North America and Europe.

The solution provides the ability to capture and submit applications electronically, thereby decreasing the time spent to obtain and process the information. As a result, organizations experience substantial improvements in workflow including:

• Minimizing or eliminating cycle time delays and errors associated with manual processing
• Reducing or eliminating lost paperwork
• Enhancing productivity of sales agents
• Implementing straight thru processing while retaining the human touch for customer relationship development.

“We look forward to working with ExpeData, one of the best and most stable companies in the digital writing ecosystem. We are confident that the ability to offer a highly efficient front end data capture mechanism with straight-through processing to back end systems will benefit our customers immensely…” said Ganesh Pai, Senior Vice President & Head, Insurance Market Unit.

“We are pleased to partner with MphasiS to bring this automated solution to insurance companies,” said Paddy Padmanabhan, CEO, ExpeData. “We believe this unique offering will help the insurance industry stay more competitive, transform processes and operations, improve profitability and reduce costs.”

About ExpeData

ExpeData, an innovative software company and a global leader in natural input technologies, provides an end-to-end software platform that automates the collection of natural input including handwriting at the point of entry. Information captured with tablets or digital pens is immediately converted to digital data and seamlessly integrated to backend systems. Straight-through processing eliminates cycle time delays, resulting in unsurpassed workflow optimization and significant cost savings. EDW solutions are used across the globe, delivering value in multiple industries. To learn more, visit http://www.expedata.net.

About MphasiS

MphasiS is a $1.1 billion global service provider, delivering technology based solutions to organizations. With more than 37,000 employees, MphasiS represents companies across a wide range of industries including Banking and Capital Markets, Insurance, Manufacturing, Communications, Media & Entertainment, Healthcare & Life Sciences, Transportation & Logistics, Retail & Consumer Packaged Goods, Energy & Utilities, and Governments around the world. Our competency lies in our ability to offer integrated service offerings in Applications, Infrastructure Services, and Business Process Outsourcing. We are uniquely positioned to offer our clients the highest level of expertise. To learn more about MphasiS, please visit www.mphasis.com.