Formula Systems (1985) Ltd. is a global provider of proprietary and non-proprietary software solutions, IT professional services, software product marketing and support, and computer infrastructure and integration solutions. The company's offerings include computer and telecommunication infrastructure solutions, cloud computing solutions, and database and big data services. Additionally, it provides customer relations management, computer systems management infrastructures, and software development tools, among other services. The Israeli-based company also markets and sells computers and peripheral equipment to business customers, and offers property and casualty insurance platforms such as Sapiens, Sapiens CoreSuite, Sapiens IDITSuite, Sapiens PolicyPro, Sapiens BillingPro, Sapiens ClaimsPro, e-Tica, and Tia Enterprise. Its life, pension, and annuities platforms include Sapiens CoreSuite, Sapiens UnderwritingPro, Sapiens ApplicationPro, Sapiens IllustrationPro, and Sapiens ConsolidationMaster, while its reinsurance software solutions comprise Sapiens ReinsuranceMaster, Sapiens ReinsurancePro, and Sapiens Reinsurance GO. Formula Systems (1985) Ltd. also provides financial and compliance solutions, such as Sapiens FinancialPro, Sapiens Financial GO, and Sapiens StatementPro. It further offers application development and business process integration platforms, vertical software solutions, strategic consulting, and outsourcing services, as well as professional services in various areas, including on-premise payroll software. Founded in 1985 and headquartered in Or Yehuda, Israel, Formula Systems (1985) Ltd. operates worldwide.