Contact Info
11400 W Bluemound Rd Wauwatosa WI 53226
Main Phone : +1414-607-9767
Main Fax : +1207-221-1088
E-Mail : hr@Z3tech.com
Financial Services
Optimize your operational and IT investments
How do you reduce your cost of ownership while strengthening governance and
achieving greater IT flexibility? By gettingmore value from your existing IT
and operational investments.
A damaged financial system and turbulent economy have left institutions under
extreme pressure to cut operational and IT
expenditures at the same time they are under increasing regulatory scrutiny and
are exposed to mergers and divestitures.
Z3 Technologies is helping financial services institutions like you reduce total
cost of ownership, meet rigorous
regulatory and risk management standards, and create the flexibility they need
to quickly integrate processes,
applications, and data with newly acquired entities. Some of our financial
services clients have realized more value
from their IT and operational investments by working with Z3 Technologies to:
Centralize all reconciliation functions :
A top retirement services
firm improved productivity by 25% and frequency by 100% while lowering financial
and operational risks.
More easily pinpoint problem areas :
and focus on
improvements. A
global bank now has a single point of access to trusted, timely, and accurate
risk data across geographies.
Reduced total capital expenditure for modernizing a mission-critical
application :
The SEC's EDGAR database is one of the vehicles
through which the SEC fosters investor education and is central to the
functioning of US's capital markets. Z3 Technologies brought the right level of
discipline and technical capabilities to optimize EDGAR's software and
infrastructure and cost-effectively operate and maintain - and ultimately
replace - this mission-critical application.
Tailored solutions, optimized results
Z3 Technologies has worked inside financial services and insurance firms for
more than 10 years. We understand the nuances and subtleties about your
business, processes and systems that can only come from working hands on with
people, processes, and systems like yours. With this insight, we've designed
solutions that meet the financial services industry's most pressing needs:
Simplify the management of healthcare IT
Z3 Technologies healthcare
We also provide technology and analysis support and strategic planning to states in their efforts to improve quality, increase access, and reduce the cost of their healthcare delivery systems. These services focus significantly on services provided to Medicare and Medicaid recipients, and they include economic analysis, stakeholder analysis, technology planning for health exchanges, and informatics and health data intelligence for public health
Only Z3 Technologies has the insights that come from an insider’s understanding of business and technology gained from living and working day to day onsite with clients like you. Ourdelivery solution emphasizes local accountability and a flexible mix of global resources. The result is more-practical and actionable recommendations and the right-sized services that tightly align to healthcare payers’ and providers’ needs.
Optimize your operational and IT investments
How do you reduce your cost of ownership while strengthening governance and achieving greater IT flexibility? By getting more value from your existing IT and operational investments.
With premium profits slowing and scrutiny from regulators growing, insurers are striving to reduce discretionary spending and total cost of ownership while meeting rigorous compliance, auditing, and risk management standards. Meanwhile, they must ensure business processes and systems support the organization in attracting and retaining a profitable agent network and enabling cross-selling activities across product channels
A P&C
insurer reduced its policy issuance process from 14 days
to 1 — making most steps 100% paperless. As a result
of
Z3 Technologieshelp Web-enabling the company’s policy
administration process, policy holders now receive policies
faster, pay reduced rates, and can pay online.- Application Portfolio Management and
Outsourcing. A top P&C insurance group saved
millions in IT costs after undergoing an APM assessment and
then outsourcing its applications portfolio to Z3
Technologies. In addition, the insurer was able to reduce
labor costs by almost 50% while improving performance and
creating a more business-focused IT organization.
- Application Outsourcing. A life and
annuities insurance firm boosted service levels to 99% for
levels 1, 2, and 3 production support after outsourcing its
life insurance applications to Z3 Technologies.
- Claims
Processing. Z3 Technologies is designing,
developing, and managing an innovative insurance industry
solution that will vastly compress the claims processing
cycle, reduce agent attrition, and improve overall customer
satisfaction. The solution is based on a highly
configurable, meta-data driven service oriented
architecture.
Tailored solutions, optimized results
Z3 Technologies has worked inside insurance and financial services firms for more than 40 years. We understand the nuances and subtleties about your business, processes, and systems that can only come from working hands on with people, processes, and systems like yours. With this insight, we’ve designed solutions that meet the insurance industry’s most pressing needs:
- Application Portfolio Assessment
A business-based, metric-driven approach to application
rationalization that identifies and delivers real savings
and
performance improvement opportunities. Z3 Technologies
approach classifies applications in five areas: retain,
invest
in, replace, retire, or offshore. We then take swift action
on outsourcing and infrastructure consolidation
opportunities so you can quickly free up vital capital while
planning longer-term improvements. Typical cost savings are
10 - 15% from retiring redundant applications; 20-40% from
server consolidation; and 30-50% savings in operation
support.
- Post M&A
IT Integration
A post-M&A integration methodology that minimizes negative
customer impact while ensuring business continuity, system
scalability, and alignment with long-term revenue-generation
and operational goals.
- Claims
Processing
A BPO solution that reduces operating costs, improves
process efficiencies, expands capacity, and mitigates risk.
Functional areas include data capture, claim intake/notice
of loss, claim adjudication, and quality audits for all
claim
types, including healthcare, dental, disability, and
property and casualty claims.
- Enterprise Cost Optimization
Z3 Technologies Enterprise Cost Optimization helps financial
services institutions lower IT cost of ownership, reduce
operational risk, and enhance management capacity offshore.
The offering starts with a rapid assessment of your
application portfolio and business processes, and executes
on practical and actionable recommendations for optimizing
your IT investments through application portfolio
rationalization, application and business process
outsourcing, and
legacy modernization.
Maximizing efficiency of supply chain management
Z3 Technologies enables some of the world's top manufacturers to enhance efficiency and reduce the cost of ownership of their supply chain solutions. The company recently
Optimized Industry Solutions
Z3 Technologies offers manufacturing-specific solutions, including RFID and smart card framework consulting, return/recall management systems, procurement and payables solutions, and EDI/data exchange services, in addition to Application, Infrastructure and Business Process Outsourcing Services.
Realizing the greatest value from your IT investments in challenging market conditions
The manufacturing industry is facing high raw material costs, intensified consolidation, and global competition. Amidst these challenges, manufacturers need optimized supply chain systems and processes to drive down operating costs and improve agility. By evolving, operating, and maintaining your entire value chain systems and processes, Z3 Technologies boosts your organizational productivity, brings you greater flexibility, and lowers the total cost of ownership.
Impressive manufacturing credentials
The geographically dispersed nature of manufacturing operations makes it difficult to streamline processes, share information, and gain organizational visibility to adapt to changing needs.
Z3 Technologies manages sales and distribution, supply chain, manufacturing and planning, and financial management applications for global manufacturing clients. We have a strong track record of supporting large ERP solutions from leading software vendors including SAP and Oracle.
We give best advice for your business
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Market investment
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Leading Market
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Market Growth
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Analysises of Business
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Service Advantage
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IT solutions that help public agencies improve services and ROI
Your goal: deliver accurate and timely information to users and citizen-centric services to constituents.
Leveraging new technology is essential to ensuring this goal.
Legacy Modernization Services
Can’t afford the time, cost, and risk of a total replacement solution? Z3 TechnologiesLegacy Modernization approach helps state and local governments take advantage of the flexibility of new technologies while preserving the business logic that drives their organizations. Find out more about Z3 Technologies Legacy Modernization Services for State and Local Governments — and the five techniques we use to bring your systems into the new technological world.
Specialty Services
Z3 Technologies offers state and local governments a full range of specialty services designed to meet the unique needs of their agencies, including: