Distribution Management at Your Fingertips

As a company, FAST prides itself on innovation and being on the cutting edge. The mobile wave has been transforming today’s society and FAST is no stranger when it comes to changing with the tides. To better cater to this growing need for technology on the go, we have created a mobile application to bring the functionality of our Distribution Management Component directly to your Agents in the field.

Empower your Agents with the right tools.

With the active Agent lifestyle today, constant travel is needed to meet the needs of your policyholders. This brings to light the fact that while a desktop application may be powerful, it is not always practical. FAST’s mobile application empowers your Agents by providing them with the information that matters most, when it matters most.  In this initial version of FAST Mobile App, agents can:

• Manage pending cases
• Instantly collaborate with home office
• Manage tasks and workflow
• View a social media hub for insurance customers
• Access commissions information

Pending Cases

By selecting a specific case from your list of pending cases, your Agent is able to view outstanding requirements in real time as well as a summary of the case information. In addition, your Agent has a direct line of communication to the Home Office via Instant Messaging.

Should your Agent need to visit a client for any reason, we also offer one-touch navigation to ease the pains of travel.

Instant Messaging

Our Instant Messaging service is directly linked to the Home Office. Receive immediate consultation on any matter at a moment’s notice.

Stay connected with all of your Agents while allowing for an expedited resolution to any issues that might arise while in the field.

Task Queue

Easily prioritize your Agent’s tasks from the Home Office in real time. Your Agent will be alerted by a push notification with any pressing changes or updates.

Staying on track has never been easier.

Client Relations

Through the power of social media integration, FAST has managed to bring insight into the lives of your clients.

Looks like the Schultz family posted to Twitter they are welcoming their third grandchild into the world… Not only is this a perfect opportunity to offer congratulations, but to better serve any new needs the Schultz family might have regarding additional coverage or new business.

Commissions

Allow your Agents to view their real time success in a context meaningful to them.

The commissions tab is fully integrated with multiple views and breakdowns for the Agent’s convenience, showing pending or earned commissions.

Just a peek…

The aforementioned functionality has taken significant strides towards mobilizing the powerful components that were until now, only available on your desktop. FAST has just scratched the surface with mobile capabilities in the insurance space. This proof of concept is but a glimpse into what FAST has in store for empowering your Agents in what has clearly become an on-the-go society.

Because of the FAST technology approach, 100% of the information available to FAST Insurance components can be easily made available as mobile applications.  FAST is committed to providing “out-of-the-box” interfaces for all popular functions in subsequent releases.

The Android robot is reproduced or modified from work created and shared by Google and used according to terms described in the Creative Commons 3.0 Attribution License.

Expands Capabilities of Industry-leading TPA 

Edison, NJ, May 6, 2013. FAST is announcing that se2 has licensed FAST Insurance Components to support its growing life insurance outsourcing business. The software is already in production at se2 and is processing policies for a variety of products, including term life, whole life, and interest sensitive whole life.

“After assessing the product platforms on the market, we believed that the FAST product engine provided the agility and innovation that aligns with se2’s advanced technical architecture,” said Brent Littleton, CTO of se2. “Because we provide independent SaaS-based solutions, in addition to an end to end platform, our systems have to be exceptionally flexible and readily support both the rapid conversion of complex blocks, as well as the speed necessary to be first to market with new product.”

“This is a wonderful opportunity for FAST,” said Tom Famularo, CEO of FAST. “The technical architecture utilized at se² allowed the implementation and conversion to move at an incredible speed. I’ve never seen anything like it and I believe we will be able to do great things together.”

Chad Hersh of Novarica added “At Novarica we work with lots of insurers on their vendor selection processes for core systems, and increasingly they want to have options in how they deploy a new core system. Having options for hosted, SaaS, and BPO deployments makes sense for vendors not wanting to leave any piece of the pie on the plate. For a BPO provider, having a modern and flexible platform at their disposal can be a real differentiator as well.”

About se2

se2 provides business technology and processing solutions for the financial services and retirement planning sector. se2 offers end-to-end servicing for life and annuity processing with an award-winning state-of-the-art technology platform and an astute understanding of regulatory compliance issues unique and specific to the financial services industry. se2′s life and annuity acumen, coupled with its dedicated processing capabilities, places it in the forefront of the business processing outsourcing (BPO) industry. se2′s technology platform has been recognized as an industry-leading innovation by the Computerworld Honors Program and the CIO 100 Awards. For more information, visit http://www.se2.com.

About FAST
FAST, which stands for “Flexible Architecture, Simplified Technology”, is a privately-held company located in Edison, NJ founded by the former leaders of NaviSys. 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.
Contact:
John Gorman, COO
FAST
732.513.1400 (cell)
732.225.0008 (office)
www.fasttechnology.com

FAST was pleased to learn that we were the winner of the ACORD LOMA YouTube video contest. With 435 votes, we had a significant advantage over the second place entrant.

“First, I am really proud of the video. Our team did a great job,” said John Gorman, FAST’s COO. “But what I am really proud of is the way our employees and partners spread the word and got friends and families to vote. It just shows the enthusiasm and genuine passion our people have for this company.”

Follow this link to check out the video: http://www.youtube.com/watch?v=jhlye6o-_ww

This year, FAST will once again be raffling off two Super Bowl tickets.  The 2014 game will be held at MetLife Stadium – it’s the first time ever in New York, right in FAST’s backyard.

* TO ENTER:

Attend our Demo Theater session (Wednesday at 11:20 AM)

OR                                                                                                                                                                             

Stop by for a demo at Booth #571

* Attendees will receive an official raffle entry!

 The drawing will take place right after our demo theater session

FAST is pleased to announce the hiring of Raj Koltur and Paul Futuyma to lead delivery initiatives for its client implementations. By adding two more strong insurance delivery professionals to our already impressive group, FAST will continue to deliver quality solutions for its customers. FAST has a track record of being able to deliver our software quickly, including a recent implementation where we were able to simultaneously put a new Policy Admin System into production and convert over 100 products in 5 ½ months.

“Given their experience, adding Raj and Paul will help us continue to scale the organization and further reduce inherit risks of large PAS replacement implementations” says Tom Famularo, CEO of FAST.

Rajendar Koltur

Raj has spent the last nine years developing and implementing policy administration systems, first with Surav, as a developer, and for the past six years as a technical lead with Accenture’s Life Insurance Platform to various clients including: Guardian, Prudential, TD, MetLife, Aegon, HSBC China. Most recently, Raj was the lead technical resource responsible for a life and annuity implementation in Generali France.

“At FAST, I have the opportunity to work with latest cutting edge technologies solving complex business problems. I am super excited to be part of the FAST family”, said Raj.

Paul Futuyma

With over 16 years of experience in the technology and financial services industry, Paul brings an impressive depth of knowledge to the FAST organization. Paul’s previous experience includes eight years spearheading multiple implementations of the Oracle Policy Administration System (OPAS/AdminServer) while working for companies such as EquiSoft (an Oracle Gold Partner), Ameriprise Financial, Oracle and AdminServer. Throughout his career, Paul has been responsible for managing consulting services, architecture, client relationships, technical and product configuration. Early in his career, Paul held senior technical, lead and management positions with Computer Associates (CA), Metavante and Advance Internet.

Paul comments, “I am extremely excited to be part of the team at FAST. Although still a relatively young company, FAST has made a name for itself; their veteran industry leadership, cutting-edge technology and formidable client list speak volumes to their direction. I’m thrilled to bring my experience to an already impressive and knowledgeable staff”.

FAST is partnering with Edgewater to deliver next generation of software and solutions to the insurance industry.  Edgewater’s process-centric approach is the perfect complement to FAST’s component-based, business-event driven software.  “We are thrilled to be working with Edgewater and see this partnership as a way to deliver more comprehensive solutions to the marketplace,” said FAST CEO Tom Famularo.

Click here to view Edgewater’s Press Release:  http://www.edgewater.com/news/Pages/Press%20Releases/Edgewater-and-FAST-Partnership.aspx

About Edgewater

Edgewater Technology, Inc. (NASDAQ: EDGW) is a strategic consulting firm delivering a blend of classic consulting and product-based consulting services. Edgewater addresses the market both vertically by industry and horizontally by product and technology specialty, providing its client base with a wide range of business and technology solutions. As one of the largest IT consulting firms based in New England, the Company works with clients to reduce costs, improve processes and increase revenue through the judicious use of technology. Edgewater’s brand names include Edgewater Technology, Edgewater Consulting, Edgewater Ranzal and Edgewater Fullscope. To learn more, please visit edgewater.com.

About FAST

FAST, which stands for “Flexible Architecture, Simplified Technology”, is a privately-held company located in Edison, NJ founded by the former leaders of NaviSys. FAST has built the first business process-driven suite of pre-configured components for insurers (life/health and P&C) and distributors. FAST takes configuration to the next level and provides a sophisticated configuration governance model. The components are offered individually in an App store format or as packages for Policy Administration, Distribution Management, Portal and Case Management.

FAST is excited to be one of Microsoft’s first customers to be running their full suite of core, mission critical applications in the life insurance space. FAST provides the insurance industry’s first complete suite of SOA components that has an option to run on a full Microsoft stack (i.e. Biztalk, IIS, .NET, SQLServer).

The FAST cloud offering is 100% Microsoft.  One of FAST’s newest clients is implementing their environments in MS Azure.  FAST has four other clients running on Microsoft technology.

• A client on Visual Studio 2008, SQL Server 2008 R2, BizTalk 2009
• A client on Visual Studio 2008, SQL Server 2008 R2, BizTalk 2010
• A client on Visual Studio 2012, BizTalk 2013, SQL Server 2012
• A client on .NET and SQL Server 2008

FAST Insurance Components deliver targeted, as well as full end-to-end solutions for Policy Administration, Distribution Management, and Insurance Portals. These components are built using FAST 8x, our breakthrough technology framework that automates the process of developing SOA components and generates human-readable source code for the .NET architecture. The framework enables FAST to rapidly modify existing components and create new components through data configuration – significantly speeding up a customer’s implementation and reducing the insurers’ costs.

This presents a tremendous advantage for FAST customers who already use Microsoft because it simplifies integration.  In addition to Microsoft, FAST continues to support a multi-platform environment, enabling FAST to offer more choices to customers.

“Five years ago, I wouldn’t have thought you could run an all Microsoft environment and scale to meet all of any insurers Policy Administration needs on just $11,000 of hardware,” said Tom Famularo, CEO of FAST.

About FAST

FAST, which stands for “Flexible Architecture, Simplified Technology”, is a privately-held company located in Edison, NJ founded by the former leaders of NaviSys. FAST’s team of passionate, experienced entrepreneurs focus on solving the challenges our financial services clients face as they seek to modernize their systems environments or completely replace legacy systems.   In addition to strategic IT consulting and a deep team of insurance systems experts, FAST offers a breakthrough technology framework (called FAST 8x®) and pre-built FAST Insurance Components to dramatically reduce the time, cost and risk associated with major systems initiatives.

FAST at the Core of Major Modernization Initiative

Edison, NJ, March 7, 2013.  FAST is announcing that FBL Financial Group, Inc. (NYSE: FFG) (“FBL”) has licensed FAST Insurance Components to serve as the core policy administration and new business system for its life insurance business.  Once implemented, the solution will support new business, underwriting, policy administration and payouts and enable FBL to deliver superior service to both customers and agents.

“After assessing the policy administration and new business solutions on the market, we determined that FAST offered unique configurability and flexibility,” said Rich Kypta, COO of FBL’s life companies.  “This is a major commitment for FBL and we believe FAST is the right partner for this endeavor.”

“We feel honored to have FBL as a client,” said Tom Famularo, CEO of FAST.  “We’re looking forward to helping them realize the potential of the FAST solution.”

About FBL Financial Group

FBL Financial Group, Inc. is a holding company whose primary operating subsidiary is Farm Bureau Life Insurance Company. Farm Bureau Life Insurance Company underwrites, markets and distributes life insurance and annuities to individuals and small businesses. In addition, FBL Financial Group, Inc. manages all aspects of two Farm Bureau affiliated property-casualty insurance companies for a management fee. For more information, please visit www.fblfinancial.com.

About FAST

FAST, which stands for “Flexible Architecture, Simplified Technology”, is a privately-held company located in Edison, NJ founded by the former leaders of NaviSys. 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.

Contact:

John Gorman, COO

FAST

732.513.1400 (cell)

732.238.0005 (office)

www.fasttechnology.com

Dave Ricker Named Associate Partner

FAST promoted David Ricker to Associate Partner earlier this week.  Dave has been with FAST since its inception in 2010 and in just over three years he has had a significant impact on FAST’s customer solutions.  Dave’s most recent accomplishments have included:

• Overseeing the implementation of FAST Insurance Components as a Policy Administration solution for se2 of Topeka, KS, the nation’s largest third-party administrator of annuity and life products
• Leading the solution design team for Farm Bureau Life of Des Moines, IA

Today, Dave is leading the implementation team for Farm Bureau Life’s New Business and Underwriting platform as well as a Policy Administration legacy replacement program.

“Dave has combined his knowledge, experience, and his ability to learn new things to help FAST get to where we are today” said Tom Famularo, FAST CEO.  “FAST is quickly becoming the leader in the insurance software market, and Dave will continue to be instrumental in helping our organization grow.”

Dave has over 20 years of insurance and technology experience, including SOA expertise. Prior to FAST, Dave was a certified Solution Architect for Accenture. He has a BS in Computer Science from Rensselaer Polytechnic Institute.

Congratulations Dave on a well-deserved promotion!

About FAST

FAST, which stands for “Flexible Architecture, Simplified Technology”, is a privately-held company located in Edison,NJ founded by the former leaders of NaviSys. FAST’s team of passionate, experienced entrepreneurs focuses on solving the challenges our financial services clients face as they seek to modernize their systems environments or completely replace legacy systems.   In addition to strategic IT consulting and a deep team of insurance systems experts, FAST offers a breakthrough technology framework (called FAST 8x®) and pre-built FAST Insurance Components to dramatically reduce the time, cost and risk associated with major systems initiatives.

Today, cloud services are available to all FAST 8x customers.  One of the biggest advantages it provides is a virtual development environment for building and testing new applications.  FAST Insurance Components are also running on the cloud – being utilized by thousands of SECURUS Producers who can easily access the data they need to run their individual businesses.  “It’s been a huge benefit for us in the National Office, as well as for our Producers and independent agents,” says SECURUS Chief Operating Officer, Larry Dickstein.    “And with FAST managing the cloud for us, we can focus on our core business and continue to grow without needing to absorb traditional IT infrastructure expenses.”

As we look to the future, the cloud will continue to be an integral part of how FAST delivers value to its customers.  Today, FAST is currently supplying most of the content for its cloud.  CEO Tom Famularo’s vision is that through partnerships and an open environment, FAST will begin offering apps from other vendors, carriers, or any person in a garage with ideas for business applications and access to the internet.  This vision is quickly becoming reality as a new healthcare software company has already taken this path – utilizing FAST’s technology to build and host applications on FAST’s cloud, for hospitals looking to improve their quality control and efficiency.   Roy Stephan, Director of IT architecture and engineering – Intelligent Decisions may have said it best, “with the cloud, individuals and small businesses can snap their fingers and instantly set up enterprise-class services¹.”

FAST has chosen Amazon Web Services, AWS, as its provider for a host of reasons including their flexibility, scalability, cost, and more than 15 years of experience delivering large scale infrastructure in a reliable, secure manner.  By running on the AWS platform, FAST and its customers can access on-demand, cost-effective infrastructure solutions and subsequently save time, money, and resources.  AWS views these benefits as why enterprise organizations see cloud computing as a powerful next step in their IT infrastructure evolution.

¹ To the cloud! Wait, the what? – CNNMoney.com by David Goldman, posted Feb 9, 2011

About Securus

Securus is one of the largest, most respected Insurance Agencies in the United States. It is the mission of Securus to provide the very best protection for the families of America, and in doing so continue to grow its national network of managers, agents and satisfied clients. By instilling its core values and philosophies in the organization, Securus is now a leader in the Final Expense marketplace.

About FAST

FAST, which stands for “Flexible Architecture, Simplified Technology”, is a privately-held company located in Edison, NJ founded by the former leaders of NaviSys. FAST’s team of passionate, experienced entrepreneurs focuses on solving the challenges our financial services clients face as they seek to modernize their systems environments or completely replace legacy systems.   In addition to strategic IT consulting and a deep team of insurance systems experts, FAST offers a breakthrough technology framework (called FAST 8x®) and pre-built FAST Insurance Components to dramatically reduce the time, cost and risk associated with major systems initiatives.