Sapiens Intends to Leverage Microsoft's Two New Data Centres for its Cloud-Based Services in South Africa.

Sapiens International Corporation, (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, with a growing presence in the financial services sector, announced today that it intends to leverage Microsoft's two new data centres for its cloud-based services in South Africa. To better service customers looking for an affordable and flexible option to traditional on-premise IT operations, Sapiens partnered with Microsoft Azure in 2015. Sapiens ALIS - Sapiens' core policy administration suite for the life insurance, annuities, pension, savings and medical markets   and Sapiens IDIT  our flagship software suite for the short-term insurance market can be deployed over Microsoft's secure cloud.