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Logo of FAST

FAST

byFAST Technology
in Life Policy Administration Systems, Americas
4.6

Overview

Product Information on FAST

Updated 13th October 2025

What is FAST?

FAST is a software developed by Fast Technology that provides high-performance transactional solutions designed for sectors such as financial services and payments. The software enables real-time processing of large volumes of transactional data, supporting core functions like transaction clearing, payment messaging, fraud management, and regulatory reporting. FAST is engineered to integrate with various existing infrastructures, facilitating reliable and efficient exchange of financial information between institutions. By automating and streamlining complex transactional workflows, this software helps organizations address operational challenges related to speed, scalability, and compliance, enhancing business efficiency in managing financial transactions.

FAST Pricing

Overall experience with FAST

Digital Transformation Owner - Policy Ad
10B - 30B USD, Insurance (except health)
FAVORABLE

“Innovate product and technology domains working with FAST Technology”

4.0
Mar 28, 2021
This text serves as a placeholder and does not reflect the user’s review responses or opinions. This text serves as a placeholder and does not reflect the user’s review responses or opinions. This text serves as a placeholder and does not reflect the user’s review responses or opinions.
There are no reviews in this category.
CRITICAL

About Company

Company Description

Updated 7th December 2023

FAST Technology is engaged in the modification and updating of antiquated systems for the insurance and financial services sector, incorporating its specialized product, FAST Insurance Components. The company provides solutions to enable the formation and integration of fresh business capabilities and technologies into an organization's existing structure.

Company Details

Updated 26th February 2025
Head office location
Edison, United States
Number of employees
51 - 200
Website
http://fasttechnology.com

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Key Insights

A Snapshot of What Matters - Based on Validated User Reviews

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Peer Discussions

FAST Reviews and Ratings

4.6

(14 Ratings)

Rating Distribution

5 Star
50%
4 Star
50%
3 Star
0%
2 Star
0%
1 Star
0%
Why ratings and reviews count differ?
  • Digital Transformation Owner - Policy Ad
    10B+ USD
    Insurance (except health)
    Review Source

    Innovate product and technology domains working with FAST Technology

    4.0
    Mar 28, 2021
    Still in the initial buildout of our roadmap, both technical and product, we have been pleased with our decision to use FAST as our next generation policy administration system. Many of the benefits that we anticipated, we are beginning to realize and anticipate further realization. The FAST team has been a good partner help us build out our system and we look forward to continued growth and progress.
  • Digital Transformation Owner - Policy Ad
    10B+ USD
    Insurance (except health)
    Review Source

    Innovate product and technology domains working with FAST Technology

    4.0
    Mar 28, 2021
    Still in the initial buildout of our roadmap, both technical and product, we have been pleased with our decision to use FAST as our next generation policy administration system. Many of the benefits that we anticipated, we are beginning to realize and anticipate further realization. The FAST team has been a good partner help us build out our system and we look forward to continued growth and progress.
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Recommended Gartner Insights

  • Market Guide for Life Policy Administration Systems, Americas
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Reviewer Insights for: FAST
Performance of FAST Across Market Features

FAST Likes & Dislikes

Like

We can see the possibilities and potential to really improve our business capabilities. We anticipate the ability to improve operational efficiencies, reduce speed to market, and increase production innovation through build out of our system. Product configuration is very good and several of our prior processes that we manual steps and calculations are automated features out of the box. The technical architecture opens up many possibilities compared to our current infrastructure.

Like

We can see the possibilities and potential to really improve our business capabilities. We anticipate the ability to improve operational efficiencies, reduce speed to market, and increase production innovation through build out of our system. Product configuration is very good and several of our prior processes that we manual steps and calculations are automated features out of the box. The technical architecture opens up many possibilities compared to our current infrastructure.

Like

We can see the possibilities and potential to really improve our business capabilities. We anticipate the ability to improve operational efficiencies, reduce speed to market, and increase production innovation through build out of our system. Product configuration is very good and several of our prior processes that we manual steps and calculations are automated features out of the box. The technical architecture opens up many possibilities compared to our current infrastructure.