• FAST has been at the forefront of implementing Services Oriented Architecture (SOA) in the insurance industry. Using FAST Insurance Components in concert with FAST 8x, we can help you create and integrate new business capabilities and technologies with your enterprise architecture.

    • Achieve early benefits through rapid delivery of components
    • Reduces risk by using prebuilt logic from FAST and by leveraging your existing software assets
    • Our ability to quickly configure and build new software; coupled with our prebuilt components reduces cost
    • Experience and expertise implementing policy administration systems
  • FAST Insurance Components allow carriers to achieve legacy modernization without the cost and risk of "big bang" projects. Our plug and play approach delivers targeted as well as full end-to-end solutions for core functional areas.

    • Include pre-built components and services
    • Orchestrations for business process management
    • Pre-configured business rules that can be integrated as full applications
    • Components can be wrapped around your legacy system or can be used to overhaul the system piece by piece
  • FAST 8x is a software development framework that automates the development process and dramatically reduces the time required to build software.

    • Creates innovative and cutting edge software
    • Drives greater efficiency, at a fraction of the cost
    • Individual components can be deployed as standalone applications
    • Innovation is the key to success - our solution provides you with the business tools you need to succeed
  • With FAST, you can get the best of both worlds: best Policy Administration solution on the market – with more than 80 business processes from new business to claims; in a fraction of the time, cost, and risk.

    • Feature rich functionality and the best technology
    • Create innovative products and services
    • A system designed around business processes
    • A fresh approach for insurance companies looking to replace legacy systems, create new functionality or revitalize existing applications
  • We think it is fun to solve hard problems. Our entrepreneurial culture is comprised of a resourceful team, creative of people who have a vested interest in our clients' success.

    • Best architecture and technology on the market
    • Ultimate in configurability
    • Business process driven solution business partners love
    • Highly maintainable technology that provides "legacy avoidance"
    • FAST is "easy to do business with"
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FAST News

FAST Earns XCelent Award for Advanced Technology

–Third consecutive win of prestigious award–

 

Iselin, NJ – November 30, 2017.  FAST, a leading software company for the life and annuity industry, announced today that it has won the XCelent Award for Advanced Technology in Celent’s ABCD Vendor View for North American Life Insurance and Annuity Policy Administration Systems for 2017.

The Celent report has been issued biennially since 2005 and offers Celent’s perspective on policy administration systems offered in North America.  FAST has been cited as a winner for Advanced Technology in the past three reports.

“We put a great deal of time and effort into the assessment.  FAST should be proud.  I’m encouraged by their progress in the market and I expect it will continue,” said Tom Scales, Head of the Americas for Life and Health at Celent.

“At FAST, we believe that architecture is the key to having the best system in a digital world.  This award is obviously a validation of our technical approach,” said Tom Famularo, CEO of FAST.  “With our continued investments in things like mobile, analytics and IoT, we plan to remain a leader in insurance technology for years to come.”

About FAST

FAST, which stands for “Flexible Architecture, Simplified Technology,” is a privately-held company located in Iselin, NJ. FAST focuses on solving the challenges our financial services and insurance clients face as they seek to modernize their systems environments or completely replace legacy systems.  Visit:  www.fasttechnology.com

Contact:
John Gorman, COO
FAST
732.513.1400 (cell)
732.235.0008 (office)

FAST Named in The Silicon Review’s 50 Best Companies to Watch

–Cited for significantly reducing the risk of implementing software–

 

Iselin, NJ, November 7, 2017 – FAST, a leading software company for the life and annuity industry, announced that The Silicon Review Magazine has named it among the “50 Best Companies to Watch 2017”.

The Silicon Review’s 50 Best Companies to Watch 2017 list identifies companies that provide innovative enterprise solutions by established solution providers and upcoming hot enterprises for technology decision makers.

According to The Silicon Review “Because of the uniqueness of the software and completely new way of delivering it, FAST is able to signifi­cantly reduce and shift the risk of implementing the software. FAST has proven to live up to the hype by cutting implementation times and costs by more than 75% with custom­ers, realizing tangible benefits much faster.” With the reduced time to implement and flexibility of FAST, carriers have the ability to react to an increasingly digital market reactive respond to changing life styles.

“This kind of recognition validates the great progress FAST has made as a company.  We appreciate it,” said Tom Famularo, FAST’s CEO.

 

About FAST

FAST, Inc. (Flexible Architecture, Simplified Technology) is a privately-held company located in Iselin, NJ founded by the former leaders of NaviSys. Since the beginning, we have focused on building the company with the best people, including top talent from leading software vendors and consulting firms. To learn more, please visit www.fasttechnology.com

For More Information, Contact:

John Gorman
732-225-0008
jgorman@fasttechnology.com

Another Tier One Insurer Licenses FAST Insurance Components to Enable Digital Strategy

–FAST integral to microservice-based architecture–

 

Iselin, NJ – October 23, 2017.  FAST, a leading software company for the life and annuity industry, announced today that one of the largest insurance companies in the United States has licensed FAST Insurance Components to support its US life and annuity business.  FAST Insurance Components functions as an app store for insurance software and allows companies to use only the components they want to centralize functionality.

After extensive due diligence the insurer selected FAST based on its out-of-the-box capability and its componentized architecture.  For the first project, the FAST solution has been licensed to support the management of beneficiary data across a variety of source systems.  A key aspect of the implementation will be integration via RESTful services with robotics software that is digitizing paper-based changes.

“This is a really exciting opportunity for us because FAST is essentially digitizing beneficiary data across the enterprise,” said Amit Patel, FAST’s senior vice president of product development.  “This is a major challenge for many carriers and it’s great that we can use a subset of our components to solve it.”

About FAST

FAST, which stands for “Flexible Architecture, Simplified Technology,” is a privately-held company located in Iselin, NJ. FAST focuses on solving the challenges our financial services and insurance clients face as they seek to modernize their systems environments or completely replace legacy systems.  Visit:  www.fasttechnology.com

Contact:
John Gorman, COO
FAST
732.513.1400 (cell)
732.235.0008 (office)

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