Accomplishments and Recognition

Let Us Prove It

FAST believes strongly that the best way to prove out our claims is to work with clients on a targeted project. We identify low-cost/high-benefit projects with strong business cases and our clients generally select one project to start. While this allows the client to gain a better understanding of FAST and how we work with clients, the biggest benefit is the customer receives working software that solves a real business problem – with minimal investment of time or money.

Interested in getting the kinds of results our other clients have seen? Then please call us at (732) 225-0008 to learn how FAST can help you.

EY Announces FAST CEO Tom Famularo as an EY Entrepreneur Of The Year™ 2014 Award Finalist in New Jersey

EY today announced that CEO Tom Famularo of FAST is a finalist for the EY Entrepreneur Of The Year™ 2014 Award in the New Jersey region. The awards program recognizes entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities.

FAST Named Top Technology Platform

Celent, a leading research and advisory firm serving the financial services market, recently awarded FAST its prestigious Top Technology Platform award for 2013. Celent’s rigorous criteria included the modernity of the platform, deployment option flexibility, core adaptability and extendibility, and ease of change. FAST was distinguished both for its advanced technology and the breadth of its functionality.

Life/70 PAS Replacement

The uniqueness of FAST 8x and the FAST approach, enabled us to build a full policy administration system and distribution management system in less than a year. The solution replaces the oldest implementation of Life/70 and supports the full spectrum of life and annuity business processes. The new policy administration system gives our customer a solution that is modern, flexible and scalable.

Unprecedented Life Insurance Industry Conversion

Following our Agile development process and working closely with our customer, in only five months FAST implemented a new policy administration system and converted more than 20,000 policies for 100 plan codes across six distinct product lines.

Unique Compensation Management Platform

FAST Insurance Components were configured to support a customer's innovative “Enrichment Program” which involves complex producer hierarchy management and production credit calculations. The application provides new business tracking and production reporting; uses simple drag and drop functionality, so home office users can update producer hierarchy; and allows electronic feeds from multiple insurance carriers to be automatically processed.

Highlighting the Power of FAST 8x and FAST Insurance Components

FAST undertook an approximate two week effort to build a proof of concept solution demonstrating the capabilities of FAST 8x and FAST Insurance Components to quickly solve relevant business challenges. In less than 120 Hours FAST configured an application for a new business process which started with point-of-sale and ended with underwriting.

FAST Software to Operate in Hospitals

FAST developed an application to streamline the replacement surgery process in operating rooms. The software leverages scanning technology and automates the complex rules and process for matching appropriate parts from manufacturer. It is deployed to cloud for use in hospital operating rooms (currently in beta).

NJBIZ Emerging Business of The Year

For the second consecutive year, FAST was recognized as a finalist in the Emerging Business of the Year category of the NJBIZ Business of the Year awards. The Business of the Year awards program celebrates New Jersey's most dynamic businesses. FAST was recognized for its innovative approach to software development, rapid growth in the marketplace, and an outstanding commitment to their employees and community.

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