Dynafront unit inks discovery agreement with Indonesian insurance firm

KUALA LUMPUR: DynaFront Holdings Bhd said its wholly-owned subsidiary DynaFront Systems Sdn Bhd (DSSB) has entered into a Phase I discovery agreement with a reputable life insurance company in Indonesia.

It said in a bourse filing the customer had selected DSSB as its vendor for its new core life insurance system project.

Phase I of the project comprises a discovery workshop to assess the customer’s business and functional requirements against DSSB’s existing

PrecentiaLife base system, identify and validate gaps, and determine the system

changes required for the proposed implementation.

It is expected to take about five months from the commencement date.

Phase II, which has not been contracted under the current agreement, is expected to cover full system implementation and data migration.