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Retirement Planning > Retirement Investing > Annuity Investing

Tests Verify Capabilities Of NaviSys System

By Staff Writer

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NU Online News Service, May 23, 2003, 3:20 p.m. EDT – NaviSys Inc., Edison, N.J., says performance analysis performed by a unit of Intel Corp., Santa Clara, Calif., shows that the NaviSys Home Office system can meet the annuity transaction processing needs of AIG SunAmerica Inc.

AIG SunAmerica is a unit of American International Group Inc., New York.

The tests, conducted last fall, were a required step before AIG SunAmerica placed the system into production. The system is now in production.

Randy Epright, chief information officer at AIG SunAmerica says, “This project is part of our overall plan to improve operating efficiencies for our business partners while significantly lowering our IT costs. We are consolidating our annuity business on a single, efficient administrative platform to enable rapid product rollout and browser-based administrative support.”

AIG SunAmerica is adopting standards based on Intel technology and the Windows 2000 operating system, Epright says.

AIG SunAmerica, Intel’s Intel Solution Services unit and NaviSys spent six weeks simulating AIG SunAmerica’s high-volume usage. In the test, NaviSys Home Office was used by the equivalent of 500 customer service representatives processing almost 1,000 new applications per eight-hour day. The test database contained 1.8 million annuity contracts and completed 6 million transactions.

The server was a Unisys ES7000 configured with thirty-two Intel Xeon processors MP, 16 gigabytes of memory, and the Windows 2000 Data Center system.

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