If you would like to read more, why not subscribe today. UK's Marlborough Stirling Life companies are unlikely to survive into the next decade without acquiring sophisticated database administration systems.
Billions are at stake, and millions have to be spent.
In a nutshell, consumers are demanding cheaper products with lower commissions and higher returns. Marlborough Stirling plc certainly thinks so, and has put its beliefs into practice. The company is the UK' s leading independent supplier of third party software solutions for the administration of life and pensions policies, and specialised bank and building society products. It says it has implemented solutions for over 40 clients. Lamda is a complete client-based life and pensions administration package, which Sanlam will use to administer and maintain over 2,2 million policyholder records.