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.”