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Verizon cloud ensures premium benefits for Ageas Investment Management

HONG KONG, Oct. 21, 2015 /PRNewswire/ --The Hong Kong-based arm of one of Europe's biggest insurance groups, Ageas, has chosen Verizon's cloud as the foundation for its wealth management trading platform, i-Invest. Verizon will host and manage the IT infrastructure to support the platform within its secure, enterprise-grade cloud environment, based in Verizon's state-of-the-art Hong Kong data center.

Headquartered in Belgium, Ageas has a heritage spanning 190 years with assets valued at over €103 billion (USD114.2 billion). In Hong Kong, the company ranks as one of the largest life insurance players in the market. i-Invest was developed by Ageas to enable the company to offer its customers, agents and partners diversified investment instruments, such as mutual funds and bonds. The portal gives users multiple language options, currencies and account set up structures, and was created by its own organizational unit, separate from the company's traditional insurance business.

"Innovation, innovation and more innovation – our industry demands it and IT must be able to push boundaries to generate real business results and not just operational efficiencies," said Henk ten Bos, Chief...