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Last $10.85 USD
Change Today -0.01 / -0.09%
Volume 14.5K
SPNS On Other Exchanges
Tel Aviv
As of 12:18 PM 07/29/15 All times are local (Market data is delayed by at least 15 minutes).

sapiens international corp (SPNS) Snapshot

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Day High
Day Low
52 Week High
07/14/15 - $11.56
52 Week Low
01/30/15 - $6.20
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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sapiens international corp (SPNS) Details

Sapiens International Corporation N.V. and its subsidiaries provide software solutions for the insurance industry primarily in North America, the United Kingdom and rest of Europe, Israel, and the Asia Pacific. It offers software solutions for the management of a range of products, including Sapiens ALIS, Sapiens TOPAZ, Sapiens Retirement, and Sapiens Closed Books for life, pension, annuity, and retirement. The company also provides a software suite of solutions supporting various business lines, including personal, commercial, and specialty lines, as well as a solution for the management of reinsurance contracts. These solutions include Sapiens IDIT and Sapiens Reinsurance. In addition, it offers Sapiens DECISION, an enterprise-scale platform that enables institutions to author, store, and manage various organizational business logic. The banks, mortgage institutions, and insurers use Sapiens DECISION to track, verify, and ensure that every decision is based on the up-to-date rules and policies. Further, the company provides technology-based solutions based on its eMerge platform, which provides end-to-end, modular business solutions, ensuring rapid time to market. Additionally, it offers services, such as project delivery and implementation, business and technical consulting related to products, project and program management, training, user acceptance testing, migration, maintenance and support services, hosting, and product upgrades. The company markets and sells its products and services through direct sales force, as well as through channel partners and system integrators. Sapiens International Corporation N.V. was founded in 1982 and is headquartered in Holon, Israel.

1,000 Employees
Last Reported Date: 05/6/15
Founded in 1982

sapiens international corp (SPNS) Top Compensated Officers

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sapiens international corp (SPNS) Key Developments

EuroLife Selects Sapiens ALIS for All Life, Investment and Health Lines of Business

Sapiens International Corporation announced that EuroLife has selected Sapiens ALIS, a core solution suite that supports the complete policy lifecycle, to replace the company’s legacy environment and support all of EuroLife’s life, investment and health lines of business. With an inflexible legacy environment unable to meet the leading Cyprus-based life insurance company’s new product and time to market needs, EuroLife opted to modernize its processing environment. The Sapiens suite was chosen due to its modern technology, depth of functionality, flexibility and ability to support EuroLife’s diverse product portfolio. Also key to the decision was Sapiens’ unique implementation approach, offering EuroLife a clear path to self-sufficiency through a combination of a joint implementation effort, consultation/training and Sapiens’ knowledge and skills transfer. Once in production, anticipated benefits from the new system include: Improved time to market for new products; Reduced IT costs associated with the support and maintenance of the legacy environment; A holistic view of the client in an omni-channel environment; The ability to leverage data to better serve and interface with customers. Sapiens ALIS is designed to enable insurance carriers to quickly and efficiently address the challenges of a highly regulated and increasingly competitive marketplace. It’s an end-to-end, core solution suite that supports the complete policy lifecycle across a wide variety of products in the life, pension, annuity and medical segments.

Sapiens International Corporation's Decision Announces Support for Decision Model and Notation

Sapiens International Corporation announced that its decision management platform, Sapiens DECISION, provides support for the Decision Model and Notation (DMN) specification recently adopted by the Object Management Group, an industry standards consortium. DMN standardizes organizations' decision model notations for both business and IT users, to enable more effective collaboration and the exchange of models between technologies and organizations. The implementation of the DMN specification into Sapiens DECISION began with the release of the current version, 4.5, and will proceed with version 5. Adoption of the DMN notation standard remains fully consistent with, and complements The Decision Model (TDM), Sapiens DECISION's methodology for simply and efficiently achieving comprehensive and automatable models of logic.

UK Financial Institution Selects Sapiens Decision as Enterprise-Wide Business Improvement Initiative

Sapiens International Corporation has announced that a UK financial institution has selected Sapiens DECISION as part of its enterprise-wide business improvement initiative. Sapiens DECISION, an enterprise-grade decision modeling platform, will enable the institution to separate business logic from processes by utilizing DECISION as a centralized location for authoring, storing and managing all logic. The company will be able to optimize process automation, provide improved transparency, improve the quality and consistency of customer interactions and minimize process redundancy and outcome inconsistencies.


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Price/Sales 3.2x
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