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Obama promises to 'finish the job' in Afghanistan- Signaling he's decided on new troop levels for the Afghanistan war, President Barack Obama said Tuesday he intends to "finish the job" on his watch and destroy terrorist networks in the region.
- With a caretaker holding his hand, a Belgian man who was diagnosed as comatose for 23 years typed out a message Tuesday that he felt reborn after decades of loneliness and frustration.
Reports on GDP and consumers signal modest rebound- The economy is growing modestly, with consumers too wary about spending to invigorate the recovery.
- The Federal Reserve says the unfolding recovery will probably be gradual, as modest growth keeps the nation's unemployment rate elevated over the next several years.
Obama: US-Indian ties help define 21st century- President Barack Obama declared Tuesday that U.S. ties with India will be "one of the defining relationships" of the 21st century as he welcomed India's prime minister for the first state visit of his administration.
SC legislators begin Sanford impeachment hearings- South Carolina legislators upset with Gov. Mark Sanford's summer disappearance to see his lover in Argentina on Tuesday began debating a measure that ultimately would remove him from office.
Festival of mass animal sacrifice begins in Nepal- The ceremony began with prayers in a temple by tens of thousands of Hindus before dawn Tuesday. Then it shifted to a nearby corral, where in the cold morning mist, scores of butchers wielding curved swords began slaughtering buffalo calves by hacking off their heads.
Furry felons rob SAfrican tourists, steal food- Visitors to South Africa's premier holiday destination who are worried about becoming victims of the country's high crime rate could find themselves instead robbed by a more furry kind of felon: baboons.
- Albert Pujols is the unanimous winner of the National League MVP award, becoming the first player to repeat since Barry Bonds won four in a row from 2001-04.
CSC Licenses Wealth Management Software to Western & Southern Financial Group
EL SEGUNDO, Calif.
(Map)
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These companies will use CSC's software to introduce new wealth management products, including an immediate annuity for retiring Baby Boomers. In the future, they plan to move their existing annuity payout processing to Wealth Management Accelerator to take advantage of the system's benefit payout capabilities. They will use VP/MS as their external rules and calculation engine for Wealth Management Accelerator and will assess using VP/MS for other existing policy administration systems.
Western & Southern is the eighth top 50 U.S. life and annuity insurer to license Wealth Management Accelerator, which is the only software that enables annuity providers to support both wealth accumulation and distribution in a single administration system. It manages group and individual, qualified and non-qualified, and fixed and variable products. In addition to supporting a full range of payout options, Wealth Management Accelerator also automates life and annuity processes, including general ledger accounting, premium billing and collection, and customer service.
"We needed a system that would carry us into the future and give us the
power to quickly develop, launch and support new annuity payout products,"
said
"We welcome Western & Southern to CSC's client community and the opportunity to collaborate with them as they create increasingly sophisticated financial products," said Michael W. Risley, president of the Life and Annuity Division of CSC's Financial Services Sector. "Leading-edge software like Wealth Management Accelerator provides the tools innovative-thinking financial services companies need to successfully compete for a share of the huge Baby-Boomer market."
For more information visit http://www.csc.com/wealthmanagement.
About Western & Southern
Western & Southern Financial Group is a Cincinnati-based diversified
family of financial services companies with assets owned, managed and under
our care in excess of
Ratings are current as of
About CSC
Computer Sciences Corporation is a leading information technology (IT) services company. CSC's mission is to be a global leader in providing technology-enabled business solutions and services.
With approximately 91,000 employees, CSC provides innovative solutions for
customers around the world by applying leading technologies and CSC's own
advanced capabilities. These include systems design and integration; IT and
business process outsourcing; applications software development; Web and
application hosting; and management consulting. CSC reported revenue of
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