Human Capital Management

Human Capital Management

January 25, 2012

CSC Announces New or Extended RISKMASTER Licensing Agreements

CSC (News - Alert) has announced that the company’s RISKMASTER software is being adopted by various organizations across the world. According to CSC, various clients of the company have licensed RISKMASTER during the first half of CSC's fiscal year 2012.

Apart from tracking risk management information such as policies and exposures, organizations use the software to self-administer workers' compensation, professional liability and short-term disability claims. Offering management accurate, up-to-date business and market data, the integrated, browser-based software consolidates multiple business functions -- including policy administration and claims, risk and legal management and analytics -- into one cohesive solution to manage claims, the company stated in a press release.

“RISKMASTER unifies risk, claims and policy data to empower risk management professionals, regardless of industry," said Jeffery Schwalk, president of CSC's Property and Casualty Insurance Division in a company press release. "CSC's comprehensive risk and claims solutions equip companies with the tools and capabilities they need to effectively address workers' compensation, identify fraud, improve litigation outcomes and significantly elevate efficiency across the board.”

The software will be used by the organizations to manage and analyze claims, track incidents, evaluate injuries, control legal costs, identify potential fraud and automate policy administration. Among the new licensees is Arby's Restaurant Group, Inc. Additional signers include a Fortune 500 provider of equipment and financial products to the construction industry.

Recently, the company announced a collaborative agreement with Proximetry (News - Alert) over the use of its AirSync platform, which will form the base for the development of a new and advanced smart grid network management cloud service. Proximetry is a provider of wireless network and performance management software solutions. The AirSync Cloud enables utility operators to optimize their smart grid communication networks by providing network management for multi-vendor and multi-radio private as well as public networks.

Want to learn more about the latest in communications and technology? Then be sure to attend ITEXPO East 2012, taking place Jan. 31-Feb. 3 2012, in Miami, FL. ITEXPO (News - Alert) offers an educational program to help corporate decision makers select the right IP-based voice, video, fax and unified communications solutions to improve their operations. It's also where service providers learn how to profitably roll out the services their subscribers are clamoring for – and where resellers can learn about new growth opportunities. For more information on registering for ITEXPO registration click here.

Stay in touch with everything happening at ITEXPO. Follow us on Twitter.

Raju Shanbhag is a contributing editor for TMCnet. To read more of Raju’s articles, please visit his columnist page.

Edited by Rich Steeves

blog comments powered by Disqus