NTT DATA and CalcFocus Announce Completion of Platform Integration in Life Insurance and Annuity Market
Integration of NTT DATA’s Global Insurance Digital Platform and CalcFocus’ Achieve platform creates comprehensive BPaaS solution
Plano, Texas – April 8, 2025 – NTT DATA, a global leader in digital business and technology services, and CalcFocus, a leading provider of advanced policy administration and illustration platforms, have announced the successful integration of CalcFocus’s cutting-edge policy administration platform, Achieve, and NTT DATA's Global Insurance Digital Platform (GIDP). This integration allows insurers to manage large blocks more efficiently and provides a comprehensive BPaaS (Business Process as a Service) solution to quickly introduce new products to the market.
This partnership is a key part of NTT DATA's Third-Party Administration (TPA) solution for the life insurance and annuity (L&A) market, aiming to enhance the market by leveraging the combined expertise and innovative technologies of both companies. NTT DATA and CalcFocus have been working together for almost a year to build this integrated solution.
The partnership will also involve joint efforts in research and development to introduce new services that address evolving needs in the L&A insurance market. Both companies are committed to fostering innovation and delivering high-quality solutions that drive accelerated transformation.
"We are excited to announce the completion of our platform integration with CalcFocus, bringing innovative solutions to the life insurance and annuity market,” said Proneet Sharma, Industry President, NTT DATA. “CalcFocus’s support for a broad spectrum of complex products and seasoned team add new depth to our TPA capabilities. This partnership underscores our commitment to driving excellence and delivering superior service to our clients."
Tommy McCahill, CEO, CalcFocus, added, "Our strategic partnership with NTT DATA marks a significant milestone in our mission to provide advanced policy administration solutions to the insurance industry. Together, we have created a powerful synergy that will benefit insurers and their clients alike. We look forward to delivering scaled conversion and out-of-the-box TPA offerings on our platform."
About NTT DATA
NTT DATA is a $30+ billion business and technology services leader, serving 75% of the Fortune Global 100. We are committed to accelerating client success and positively impacting society through responsible innovation. We are one of the world’s leading AI and digital infrastructure providers, with unmatched capabilities in enterprise-scale AI, cloud, security, connectivity, data centers and application services. Our consulting and industry solutions help organizations and society move confidently and sustainably into the digital future. As a Global Top Employer, we have experts in more than 70 countries. We also offer clients access to a robust ecosystem of innovation centers as well as established and start-up partners. NTT DATA is part of NTT Group, which invests over $3 billion each year in R&D.
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