SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of March 2020
Commission File Number 000-20181
SAPIENS INTERNATIONAL CORPORATION N.V.
(Translation of Registrant’s name into English)
26 Harokmim St.
Holon, 5885800 Israel
(Address of Principal Executive Office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
|Exhibit No.||Title of Exhibit|
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Sapiens International Corporation N.V.
|Date: March 23, 2020||By:||/s/ Roni Giladi|
|Chief Financial Officer|
Sapiens Decision Wins a 2020 HW Tech100 Mortgage Award
HousingWire announced the winners of its annual HW Tech100 awards, recognizing the most innovative technology companies in the U.S. housing economy
Raleigh, North Carolina and Holon, Israel – March 23, 2020 – Sapiens International Corporation, (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the financial services and insurance industry, announced today that it won HousingWire’s 2020 HW Tech100 Mortgage award.
Sapiens Decision provides innovative, disruptive decision management technology and a patented methodology that is producing results for the leading mortgage and financial services companies, impacting a significant percentage of conventional mortgages in the U.S. today. It empowers the “citizen developer” – the business user – to author, manage, test, change and deploy to code the business logic that drives the organization’s processes and systems. Sapiens Decision helps firms react faster to changing conditions by enabling them to make changes to their business logic in time scales measured in hours or days rather than weeks or months.
“The winners of the 2020 HousingWire Tech100 Mortgage and Real Estate awards are truly the most impactful and innovative companies in housing,” said Clayton Collins, HousingWire CEO. “Not only do these companies empower their clients and users, they are supporting a more efficient, accessible and sustainable housing economy.”
“Sapiens Decision is honored to receive our first 2020 HW Tech100 Mortgage award,” said Harold Westervelt, managing director, Sapiens Decision. “We see this as validation that we are making the right investments in our technology and implementing optimal strategies to best serve our mortgage companies, insurers, banks and financial services companies. “We appreciate HousingWire continuing to provide such in-depth research and market information, which keeps us current on the new trends and enables us to gain an even better understanding of the mortgage landscape to better serve our current and new clients.”
“Sapiens has demonstrated proven value to the mortgage market, along with other key markets, such as insurance and banking,” said Larry Goldberg, senior vice president for products and evangelist, Sapiens Decision. “We offer significant cost reductions and improvements in speed in the origination and securitization of home mortgages, reducing the average technology spend per employee and increasing the profit per loan. Sapiens Decision has also drastically reduced the time required to implement changes by empowering the citizen developer to manage, from concept to code, the business logic in their technology systems.”
“This year’s Tech100 winners blew past innovation, moving beyond innovation to transformation,” said HousingWire associate magazine editor Kelsey Ramírez. “In both the real estate and mortgage sectors, fintech companies continue to create new ways to approach the housing process, improving efficiencies, cutting costs and creating a new experience for all parties involved.”
HousingWire is the most influential source of news and information for the U.S. mortgage and housing markets. Built on a foundation of independent and original journalism, HousingWire reaches over 60,000 newsletter subscribers daily and over 7.5 million unique visitors each year. Our audience of mortgage, real estate, financial services and fintech professionals rely on us to Move Markets Forward. Visit www.housingwire.com or www.solutions.housingwire.com to learn more.
Sapiens International Corporation empowers insurers to succeed in an evolving industry. The company offers digital software platforms, solutions and services for the property and casualty, life, pension and annuity, reinsurance, financial and compliance, workers’ compensation and financial markets. With more than 35 years of experience delivering to over 500 organizations globally, Sapiens has a proven ability to satisfy customers’ core, data and digital requirements. For more information: www.sapiens.com.
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