TechDogs-"Guidewire's New Cloud Center Helps Swiss Customers Comply With Their Country's Unique Regulatory Requirements"

Software Development

Guidewire's New Cloud Center Helps Swiss Customers Comply With Their Country's Unique Regulatory Requirements

Business Wire
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PARIS--(  )-- Guidewire (NYSE: GWRE) is delighted to announce the inauguration of its new cloud center in Switzerland. As the primary Amazon Web Services (AWS) Financial Services Competency Partner, Guidewire has partnered with AWS to make it faster and easier for Swiss property and casualty insurers to access the Guidewire Cloud in their region. This initiative stems from the implementation of a solution intended to optimize cloud engineering and thus enable Swiss property and casualty insurers to migrate to Guidewire Cloud while supporting certain regulatory requirements specific to their country.

“The inauguration of our new cloud center located in Switzerland* illustrates Guidewire's continued commitment to providing quality support to its customers to enable them to best respond to certain strict regulations inherent in their respective markets and, in the case now, to ensure that its Swiss customers can both host and manage their businesses on the Guidewire Cloud Switzerland platform,” said Samir Afzallie, Vice President of the DACH region at Guidewire.

Guidewire's new cloud center offers numerous advantages to Swiss insurers, particularly in terms of:

  1. Proximity and performance : the cloud center offers high-performance, low-latency services, as well as an experience combining transparency and responsiveness, to offer Swiss customers a wide range of functionalities on the Guidewire Cloud platform (GWCP) in Switzerland.
  2. Data sovereignty and compliance : the cloud center aligns with Swiss data protection standards and offers joint specialist support from AWS and Guidewire to accelerate the regulatory approval process alongside the FINMA.
  3. Scalability and innovation : The cloud center allows insurers located in Switzerland to innovate quickly, stay competitive and adapt to changing market demands.
  4. Resilience and business continuity : The cloud center allows our customers to rely on Guidewire solutions to ensure business continuity.

“The new Guidewire cloud center makes Guidewire Cloud Platform a solution of choice for Swiss insurers,” comments Stanislas Bressange, Chief Transformation Officer at Vaudoise. “Not only does this allow us to minimize latency when connecting between surrounding applications, but Guidewire and AWS have also worked collaboratively to help us identify key milestones and provide additional information as part of regulatory approval filings ".

In 2023, Guidewire was recognized as an AWS Global Financial Services ISV Partner of the Year . This recognition recognizes AWS's top partners who play a critical role in enabling their customers to innovate and develop solutions on Amazon Web Services.

“With its globally unique regulatory framework, Switzerland is an exceptional technology hub that fosters innovation and stability,” said Will McAllister, Managing Director EMEA at Guidewire. “Known for its paramount emphasis on data security, compliance with privacy regulations, and strict regulatory environment, the country is an ideal location for Guidewire to establish a state-of-the-art cloud center . Furthermore, Switzerland allows us to easily offer all of our services to our growing regional customer base as a trusted partner.”

*With the recent addition of Switzerland, Guidewire cloud centers now support cloud deployment for 10 countries, including Australia, Canada, Ireland, France, Germany, Japan, South Africa, the United Kingdom and the United States (2).

About Guidewire Software

Guidewire is the platform P&C insurers trust to engage, innovate and grow effectively. We combine digital, core, analytics and machine learning to deliver our platform as a cloud service. More than 540 insurers in 40 countries, from new businesses to the world's largest and most complex, use Guidewire.

As a partner to our customers, we continually evolve to support their success. We are proud of our unrivaled implementation track record, with over 1,600 successful projects, supported by the industry's largest R&D team and partner ecosystem. Our marketplace offers hundreds of apps that accelerate integration, localization, and innovation.

For more information, visit www.guidewire.com/en and follow us on X (formerly Twitter) and LinkedIn .

NOTE: To learn more about Guidewire marks, visit https://www.guidewire.com/en/legal-notices .

Contacts

Agence OneChocolate
Elodie Buch
+33 1 41 31 75 06
elodie@onechocolate.fr

Guidewire
Louise Bradley
Public Relations and Communications - EMEA
+44(0)7474 837 860
lbradley@guidewire.com

First published on Wed, May 8, 2024

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