Project profile: Mutual of Omaha is a financial services company that offers protection from the unforeseen and help for achieving financial goals. Mutual's Information Services operation partners with internal business units to enable critical processes by delivering quality, cost-effective technology solutions that meet business needs. In addition to a meaningful summer internship program that three current J.D. Edwards students participated in, this is the fourth consecutive year Information Services has partnered with the J.D. Edwards Design Studio to develop a technological solution that will improve the efficiency of business operations.

Project Opportunity:The Retirement Plans Division currently utilizes an Excel based pricing system to facilitate the IRAdvantage Wealth Builder quoting and pricing process. This system allows the user to input several data items. From these data items, several calculations are performed, and a proposal document is produced. This system can be improved by increasing the levels of flexibility, usability, and efficiency to provide accurate quotes in a timely manner.

Project Solution: The J.D. Edwards Design Studio team is working with Mutual of Omaha to redesign the IRAdvantage Wealth Builder pricing system. The new system will create a streamlined data input process, provide the ability to store and rerun pricing scenarios, and automate the data clean-up process, all of which will help to make Mutual of Omaha's Retirement Plans Division's pricing more competitive.

Project Benefits: The pricing system will increase efficiency through less manual data entry and manipulation and an improved user interface. This new IRAdvantage Wealth Builder pricing system will also allow Mutual of Omaha customers to quickly and easily compare available retail options.

Technologies:

Java
DB2
WebSphere