Microsoft Works With Financial Services Start-Up to Help Underprivileged South Africans Access Low-Cost Financial Products

Imagination implements cost-effective and scalable IT infrastructure based on Microsoft technology to supply low-cost insurance, banking and healthcare services.
Imagination, a South African start-up company that will provide life insurance, banking and healthcare services to citizens unable to participate in traditional financial services, has implemented a fully scalable, cost-effective and flexible IT system based on Microsoft(R) technology. This will enable the company to offer value-for-money financial services products to the 40 million South Africans who at present only have access to inadequate savings arrangements, loans at inflated rates and costly funeral plans.
With the support of community organisations such as labour unions and churches, the company aims to make life cover, savings accounts, loans and other financial products affordable to more people as well as design products more appropriate to their needs, for example, by taking into account that customers may make small or irregular contributions.
The IT system, which is being used by 20 people within the organisation and will soon provide web access to all its customers, was built in collaboration with Microsoft Certified Partner Fourge and the Microsoft Technology Centre. It uses Microsoft SQL Server(TM) 2005, Microsoft Windows
Server(R) 2003, Microsoft Exchange Server, Microsoft Office SharePoint(R) Server 2007, Microsoft BizTalk(R) Server 2006, Microsoft Windows(R) Workflow Foundation and Microsoft Visual Studio(R) Team System.
Continue At Source
 Send via e-mail |  Submit to Digg |  Add to Live Favorites

http://feeds.feedburner.com/~r/binkdotnu/~3/152044367/microsoft-works-with-financial-services-start-up-to-help-underprivileged-south-africans-access-low-cost-financial-products.aspx