After the recent acquisition of CenTauri Solutions LLC. by the technology major Computer Sciences Corp. (CSC), the pace of deal wins has accelerated. CSC has recently signed a 10-year agreement with a diversified financial services company to license its Wealth Management Accelerator.
The new product is a browser-based life insurance and annuity administration system that allows carriers to rapidly introduce wealth management features and streamline back office administration processes.
A few days back, the company inked another multi-year licensing agreement with a leading U.S. insurance carrier, nationally ranked by A.M. Best Company, a credit rating firm focusing on the banking and insurance sectors.
These continuous deal wins are expected to strengthen the revenue base of the company in the coming quarters. We believe CSC's aggressive marketing, the high quality of technology enabled solutions and customer satisfactions are doing wonders for the company.
Currently, CSC has a short-term Hold rating (Zacks #3 Rank).
COMP SCIENCE (CSC
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