Sign up
Tech Capital

Smart Employee Benefits names Microsoft Azure as supplier to power its solutions

Its FlexPlus platform currently renders benefits administration services to more than 330,000 members
1531762528_laptop_and_hands.png
Earlier this month, SEB said it had renewed multi-year benefit contracts worth more than C$350mln over the last nine months alone

Tech group Smart Employee Benefits Inc (CVE:SEB) revealed that its administrative services division, which deals with health benefits processing, will use Microsoft Azure as its cloud solution to power its tech.

"Microsoft Azure will enhance SEB Admin's global reach and ability to build, deploy, scale, and manage applications to accelerate FlexPlus platform development, adding new experiences and significant value to our clients and their employees," said Mohamad El Chayah,  the president and chief executive of SEB Administrative Services Inc.

READ: Smart Employee Benefits renews over C$350mln of benefit contracts

Its FlexPlus platform currently renders benefits administration services to more than 330,000 members.

Earlier this month, the firm said it had renewed multi-year benefit contracts worth more than C$350mln over the last nine months alone.

Azure provides application services and allows for the development of SEB Admin FlexPlus Exchange for Small and Medium Businesses using any language, tool, or framework, the firm noted.

John Bruno, the general manager of Azure Global Infrastructure, Microsoft Corp. "Using Azure IaaS and PaaS services allows SEB Admin to rapidly develop and deliver content-rich health, wealth, and retirement processing solution to its customers."

SEB has SaaS (software as a service) processing solutions for managing employer and government-sponsored health benefit plans on a BPO (business processing outsourcing) business model, globally.

Over 80% of the group's revenues derive from government, insurance and healthcare organisations.

SEB shares were unchanged at C$0.195.

Giles_55af4ddca6481.jpg
Why Invest In Smart Employee Benefits? Read More Here

Register here to be notified of future SEB Company articles
View full SEB profile View Profile
View All

Related Articles

© tech Capital 2018

Tech Capital, a subsidiary of Proactive Investors, acts as the vanguard for listed tech companies to interact with institutional and highly capitalised investors.
Headquartered in London, Tech Capital is led by a team of Europe's leading analysts and journalists, publishing daily content, covering all key movements in the Technology market.