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Articles from
September 2007
Computer Services, Inc. (CSI) Selects Exstream’s Dialogue Software
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Leading Provider of Integrated Banking Solutions Chooses Dialogue to Increase Business Offerings
Exstream Software, LLC announced that Computer Services, Inc. (CSI), a provider of service and software solutions for banks in both a service bureau and in-house environment, has chosen its Dialogue enterprise document automation software to increase its business offerings with Dialogue’s ability to create a variety of highly customized communications for high-volume, on-demand, and interactive delivery. Exstream’s robust Dialogue platform gives CSI the ability to develop and deploy more effective communication solutions for customers—integrating targeted messaging, variable graphics, charts, tables, and other personalized information into documents—while ensuring consistent brand management across all delivery channels.
A key driver in CSI’s decision to adopt Exstream’s software was its plan to add the intelligent, interactive document capabilities of Dialogue Live to provide bank customers with a higher level of on-site customization. Fully integrated with Dialogue’s document production and fulfillment environment, Dialogue Live Editor will guide CSI’s bank clients to deliver personalized, relevant documents to customers on demand.
"We are always looking for ways to improve our products and services for the banks we serve. Dialogue is a proven product used by other well-established companies, and its performance is impressive," said David Culbertson, vice president of research and business development for CSI. "Exstream gives us a robust software platform to efficiently offer a variety of customized, high-quality, professional communication solutions to our customers."
"We are very excited that our integrated Dialogue software solutions make it possible for CSI to expand its business offerings," said Brent Burns, vice president of financial services for Exstream Software. "We look forward to helping CSI meet its goals in serving its banking customers."
About Computer Services, Inc.
Computer Services, Inc. (CSI) provides service and software solutions for banks in both a service bureau and an in-house environment. In addition to core processing, CSI’s integrated banking solutions include imaging, cash management, Internet banking, corporate intranets, secure Web hosting, e-messaging, teller and platform services, ATM and debit card service and support, payments solutions, risk assessment, network management, compliance software and services for regulatory compliance, and homeland security and fraud prevention. Over 3,000 financial institutions are served with CSI’s products and services. Financial reports are available at www.otcqx.com. For more information about CSI visit www.csiweb.com.
About Exstream Software
Ranked among the world’s fastest growing technology companies, Exstream Software provides enterprise software solutions for businesses around the world to streamline document creation processes and produce more effective, relevant communications of all types for delivery through print/mail and online channels. Customers in many industries benefit by getting communications to market as much as 85 percent faster, reducing document production costs up to 80 percent, and as much as tripling customer response. Visit Exstream at www.exstream.com, or contact us at +1 859-296-0600 or http://info@exstream.com for more information.
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Pendo Systems Completes Implementation with American Agricultural Insurance Co.
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Pendo Systems, Inc., a leading provider of financial accounting solutions, announced that American Agricultural Insurance Company has completed its implementation of the company’s BasisPoint® accounting system. American Agricultural Insurance Company is the reinsurance company for the American Farm Bureau Federation.
Pendo Systems added American Ag to its client list in June 2007, and quickly began the implementation process. Through a diligent and proficient data conversion, leveraging Pendo Systems’ formal project approach, the companies were able to work together to launch BasisPoint on American Ag’s systems in a few short weeks.
“I am extremely pleased with the implementation process and efficiency of Pendo Systems. We needed a quality product with superior value-added for our clients, that could be delivered rapidly and without interruption to our business. Pendo Systems met these needs,” said David Elstrom, Vice President of Accounting Systems and Internal Controls at American Agricultural Insurance Company. “With its market leading technology and continued innovation, Pendo Systems enables us to provide more sophisticated financial reporting to our partners who are already seeing the benefits.”
“Having just completed the successful implementation of BasisPoint, American Ag can now offer superior functionality, technology and reporting to its clients and partners in the American Farm Bureaus,” added Pamela Pecs Cytron, Chief Executive Officer of Pendo Systems. “We are thrilled to have added American Ag to our expanding client roster, as we continue to provide superior accounting solutions to the insurance industry.”
Pendo Systems was founded in 2006, and is answering the need for increased accounting efficiency in the financial services sector. Its core product, BasisPoint, is a global enterprise-grade investment accounting engine that is multi-currency, multi-basis and multi-client. It incorporates a full suite of process modules to manage investment trading and operations from the front office through the back office. The BasisPoint software features a unique, sophisticated functionality that is rapidly becoming the new standard in investment accounting system delivery. Pendo Systems’ use of the Microsoft solutions within BasisPoint enables the company to develop key strengths in areas of scaling, resilience and functionality that is not available in many legacy platforms today.
“Pendo has developed BasisPoint utilizing the best traditions of Microsoft’s technology to enhance the capabilities and strengths of their core product. We are closely working with them to further leverage Microsoft’s solutions stack that will allow Pendo to rapidly develop additional areas of functionality for BasisPoint to ensure their continued leadership in the market,” said Bill Hartnett, head of Microsoft Insurance Solutions.
Pendo Systems continues to enhance its current product offerings, add employees, develop new products and services and align with strategic partners to strengthen its position in the marketplace. With industry leading technology and continued innovation, Pendo Systems has approximately 10 customers.
About Pendo Systems, Inc.
Based in Montclair, New Jersey, Pendo Systems, Inc. is a premier provider of software solutions for global financial institutions. The firm was founded in 2006 to launch a comprehensive solution for the problems that arise with aging legacy-based accounting systems in the financial services sector. Pendo Systems’ core product, BasisPoint®, is a global enterprise-grade investment accounting engine is rapidly becoming the new standard in investment accounting system delivery. BasisPoint runs on the Microsoft technology platform including Windows 2003 Server and Microsoft SQL Server 2005 systems. For more information please visit www.pendosystems.com.
About American Agricultural Insurance Company
American Agricultural Insurance Company, a professional reinsurer based in Schaumburg, Illinois, is affiliated with and provides reinsurance services for Farm Bureau insurance companies, a network of insurance companies owned by state Farm Bureau organizations. In addition, American Ag writes reinsurance business for many other leading insurance companies in the United States, Canada, and overseas through its office in Columbus, Ohio. Founded in 1948, the company provides clients with tools for risk management, distribution of information, financial modeling, underwriting, seminars and workshops. For more information, please visit www.aaic.com.
For more information, please contact:
Jennifer Powers
Director of Marketing
973-783-0146
jennifer.powers@pendosystems.com
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ALERI AND PROV INTERNATIONAL PARTNER TO EXPAND THE USE OF COMPLEX EVENT PROCESSING TECHNOLOGY
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Aleri-ProV solution to benefit business enterprises looking to increase IT operation’s speed and efficiency
Aleri Inc., the leading provider of enterprise-class Complex Event Processing (CEP) technology, announced its partnership with ProV International, a global IT solutions provider. The strategic partnership will help grow and establish the use of CEP technology within industries such as healthcare, telecommunications, and energy-utilities as well as many new markets.
"As a global leader in onshore-offshore engineering solutions, ProV is excited to incorporate the CEP solutions from Aleri to strengthen our capabilities in delivering best-in-class solutions for application framework, platform and system integration. We are looking forward to the expansion of our Manila-based Business Intelligence Center of Excellence to now include the complex event processing technology from Aleri," said Ajit Nair, CEO and President of ProV International, Inc.
As time-sensitive and real-time data volume continues to increase at the enterprise and carrier network levels, processing, storage and management of this critical data continues to intensify. Event-driven application architectures like Aleri’s are becoming increasingly critical for modern business across all industries. The Aleri-ProV alliance provides a comprehensive solution to meet modern day real-time event processing needs. It combines ProV International’s proven capabilities in delivering outsourced solutions for complex IT projects with Aleri’s CEP technology to offer the lowest latency, highest throughput and fastest time-to-value for event-driven applications in the market. The Aleri-ProV solution will benefit businesses looking for ways to drive speed and efficiency into their IT operations along with meeting the demands for required cost reductions and productivity enhancements.
“We are excited to partner with a global leader like ProV to continue to expand the use of CEP beyond the financial services industry,” said Don DeLoach, President and CEO of Aleri. “With this partnership, Aleri will leverage ProV’s experience and expertise as an IT solutions provider to support increasing worldwide demand for CEP. Together we will actively promote the benefits that complex event processing technology can bring to the healthcare, telecommunications and energy-utilities industries.”
About ProV International
ProV International is positioned to provide a unique spectrum of fully-integrated IT consulting, application portfolio management, application development and networking services. Specifically, ProV offers affordable, strategic and innovative solutions in areas such as on-and off-shore outsourcing, infrastructure management, and staff augmentation.
ProV International is a global company headquartered in Tampa, Florida. For more information, visit http://www.provintl.com/.
ProV Contact:
Wendell Bivens
ProV International
wbivens@provintl.com
(813) 340-0973
About Aleri
Aleri is the leading provider of enterprise-class Complex Event Processing (CEP) technology for financial institutions and beyond. Aleri’s superior Streaming Platform is backed by the company’s deep background and knowledge gained over 20 years of supporting mission critical banking applications for the world’s largest banks and close to 10 years of pioneering research in the field of event processing.
The Aleri Platform was designed from the ground up to provide the most robust architecture available for the rapid implementation of mission critical applications within the most demanding environments. Built for high throughput with minimal latency, Aleri’s event processing technology allows customers to analyze and respond instantly to high-volume, high-speed data to minimize risk and increase competitive advantage. Aleri is the first to develop and deploy a commercial enterprise-class application built on event processing technology, the Aleri Liquidity Management System, which is used by some of the largest global bank treasuries in the world.
Aleri is a global company headquartered in Chicago. For more information, visit http://www.aleri.com/.
Aleri Contact:
Josh Inglis
Strategics, Inc.
jinglis@strategicsinc.com
312-346-2007
Kelly Shumaker
Aleri, Inc.
kelly.shumaker@aleri.com
720-938-5646
About the Gartner Event Processing Summit
The Gartner Event Processing Summit brings together the thought leaders on event driven, real time enterprise solutions and business activity monitoring. This is the only event designed to explain how to manage the enormous amount of mission-critical business information and how to react upon quickly and intelligently by appropriately designed systems, applications and architectures. Additional information is available at www.gartner.com/us/processing.
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Netupdate, Inc., Open Solutions Announce Partnership Referral Agreement
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Mortgage lenders, customers can access Web-based origination channels, collaboration tools
Bellevue, Wash.-based Netupdate, Inc., a provider of Web-based online point-of-sale technology for the mortgage lending industry and Open Solutions Inc., a leading provider of integrated enabling technologies for financial service providers across the United States, Canada and international markets announced that they have signed a partnership referral agreement. According to the terms of the agreement, Open Solutions will provide its clients with integrated access to Netupdate’s Originator Pro technology solution.
Netupdate’s Originator Pro is an integrated, online point-of-sale solution that helps lenders increase and generate additional business from the Internet. Borrowers can initiate loan applications and check the status at any time. Lenders are able to communicate critical information and updates to multiple parties, including realtors, builders and borrowers, generating efficiencies throughout the entire process.
Through this partnership, Open Solutions’ clients will now have access to a 24-hour origination channel, improved collaboration tools and the ability to automatically move loan data to the Open Solutions mortgage loan origination system, reducing the time, cost and complexity of these transactions. Open Solutions’ integrated loan origination applications are designed to enhance lending profitability by reducing operating costs and increasing staff productivity.
Partnering with Netupdate further enhances these capabilities and gives Open Solutions’ clients more of a competitive advantage.
“We look forward to partnering with Open Solutions and bringing additional value to its loan origination software clients through our newly forged partnership,” said Diane Holmstrom, CEO of Netupdate. “We are delighted to provide Originator Pro, which gives Open Solutions mortgage lending clients a business channel with 24-hour-a day access via the Web.”
Open Solutions Senior Vice President and Chief Marketing Officer Mike Nicastro said, “Continually improving and enhancing our technology offerings to better meet our clients’ business needs is at the core of the Open Solutions philosophy. We look for opportunities to partner with industry leaders who share this same commitment to excellence. Given the current state of the mortgage industry, it is even more critical to provide sophisticated and agile loan origination tools to our lending clients. As a complement to our own suite of LOS technology, we are pleased to enter into this partnership with Netupdate, further streamlining a traditionally arduous process, and providing our clients the added flexibility to meet the demands of potential borrowers.”
About Netupdate, Inc.
Based in Bellevue, Wash., Netupdate, a developer of lending technologies, offers Originator Pro, an integrated, online point-of-sale system for retail and wholesale lenders who want to increase business from the Internet. Netupdate’s Software as a Solution allows mortgage professionals to work together online to collect borrower information, provide regular communication and status updates, and to move loan data to loan origination systems. This significantly reduces the time, cost and complexity of these financial transactions. For more information on Netupdate, visit the company’s Web site at www.netupdate.com.
About Open Solutions Inc.
Open Solutions Inc. offers a fully featured strategic information management product platform that integrates core data processing applications built on a single centralized Oracle relational database, with Internet banking, cash management, CRM/business intelligence, financial accounting and management tools, profitability tools, wealth management, imaging, digital documents, interactive voice response, network services, HSAs, payments and loan origination solutions. Open Solutions’ full suite of products and services allows banks, thrifts, credit unions and financial services providers in the United States, Canada and internationally to better compete in today’s aggressive financial services marketplace, and expand and tap their trusted financial relationships, client affinity, community presence and personalized service.
For more information about Open Solutions or its financial product line, contact Mickey Goldwasser by email at mgoldwasser@opensolutions.com or by phone at 860.652.3153 or via fax at 860.652.3156. Visit Open Solutions’ Internet site at www.opensolutions.com.
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Trintech and Prodiance to Deliver Best in Class Solution for Spreadsheet Risk Mitigation to the European Market
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Prodiance Corporation, the leading provider of solutions for financial spreadsheet remediation and control, announced that it has expanded its partnership with Trintech Group Plc (NASDAQ: TTPA), a leading provider of integrated financial governance, risk management, and compliance solutions for commercial, financial, and healthcare markets worldwide, to deliver the XLNET spreadsheet risk and compliance management solution to the European market.
For enterprises and financial institutions seeking to mitigate operational spreadsheet risk, wherein there exists –
- Complex spreadsheet models with the potential for errors
- Little version control to maintain historical data
- Minimal archival capability for business continuity
- Arbitrary change management
- Lack of security control to enforce segregation of duties and responsibilities
– there is now an automated solution, XLNET, that enables financial managers to:
- Discover and inventory critical spreadsheets
- Identify risk conditions and remediate errors
- Audit changes down to the cell level
- Automate spreadsheet review and approval workflows
- Reconcile, review, and certify spreadsheet results
- Track the entire process from beginning to end
XLNET, based on enabling technologies from Prodiance, is a market-leading spreadsheet inventory, analysis, control, reporting, and auditing solution that is intuitive and easy-to-use. The application complements Trintech’s AssureNET GL and ReconNET reconciliation software solutions to provide enterprises with a compliance framework for managing critical spreadsheets associated with account reconciliation, financial reporting, budgeting, forecasting, revenue recognition, trading operations, risk and uncertainty analysis, and other key financial processes.
“The solution can be implemented and operational within a few days,” said Dr. Soheil Saadat, President and CEO at Prodiance. “Through its web-based, zero client footprint, the solution eliminates the change impact to end users and delivers an architecture that is IT friendly and suitable for global rollouts.”
“We have worked with over 500 global customers to drive successful implementation of our accounting compliance solutions, and we’re confident that XLNET will help financial services institutions in Europe achieve higher levels of efficiency and control,” said John Harte, EVP and General Manager for Trintech. “We’ve developed a clear competitive advantage by providing customers with solutions that meet their strategic objectives, in turn driving positive business outcomes.”
About Prodiance
Prodiance delivers enterprise class software solutions to help organizations increase visibility and control over business critical spreadsheets and Access Databases while improving compliance and mitigating operational risks. Prodiance leverages over 17 years experience in delivering innovative technology solutions for highly regulated markets. Leading global organizations across the banking, insurance, capital markets, telecommunications, manufacturing, aerospace and defense, media and entertainment, food and beverage, health care, and educational markets have trusted Prodiance as a strategic partner to achieve their goals. Prodiance Corporation is an independent, privately held corporation based in San Ramon, California. Additional news and information about Prodiance solutions, products and services is available at www.prodiance.com or by calling 1-866-569-5678.
About Trintech Group
Trintech Group Plc (NASDAQ: TTPA) is a leading provider of integrated financial governance, transaction risk management, and compliance solutions for commercial, financial, and healthcare markets worldwide. Trintech’s recognized expertise in reconciliation underpins its suite of financial governance solutions, enabling businesses to address critical business objectives leading to more informed decision making and better overall business performance.
Over 500 leading global organizations, including – North Fork Bank, 7-Eleven, Kroger, Regal Entertainment, Accor, UPMC, Farmer’s Insurance Group, YUM! Brands Restaurants, Rohm and Haas, Verizon Wireless, and Ameren – realize the benefits of Trintech’s configurable and highly scalable solutions everyday to: improve performance through stronger management of the revenue cycle and disbursements; ensure the accuracy and integrity of financial data; identify and reduce transaction risk; improve the quality and timeliness of financial reporting; and strengthen internal controls to support compliance requirements.
For more information on how Trintech can help you gain greater visibility and control of your critical financial processes, please contact us online at http://www.trintech.com/ or at our principal business office in Addison, Texas, or through an international office in Ireland, the United Kingdom, or the Netherlands.
Trintech • 15851 Dallas Parkway, Suite 900 • Addison, TX 75001 • Tel 1.972.701.9802
Trintech Technologies • Block C, Central Park • Leopardstown, Dublin 18, Ireland • Tel 353.1.293.9840
Prodiance PR Contact:
Eric Perry
Vice President, Marketing
Tel. +1-866-569-5678
email: mailto:eric.perry@prodiance.com
Trintech PR Contact:
Trintech Press Contact:
Dallas: Donna Martinez
Marketing Communications Manager
Tel. +1 972 739 1611.
email:donna.martinez@trintech.com
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Hyland Software announces the OnBase Integration for the Fujitsu fi-6000NS
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Integration provides a complete solution for scanning documents across the Internet directly into an OnBase system
Hyland Software Inc., the developer of the OnBase enterprise content management (ECM) solution, along with strategic partner, Fujitsu Computer Products of America, announced the debut of the OnBase Integration for the Fujitsu fi-6000NS Network Document Scanner. The integration satisfies the growing need for distributed capture while providing a faster, simpler and more secure method of managing documents.
The Fujitsu fi-6000NS is the first scanner that combines the intuitive, easy operation of a desktop scanner with the accessibility of a network MFP. Featuring a large touch-screen display and a built-in US 101 keyboard, the Fujitsu fi-6000NS offers a turn-key scanning solution in a compact footprint. It allows the user to easily scan, view, and edit documents before sending them into the system.
The Integration for the Fujitsu fi-6000NS provides a complete solution for scanning documents across the Internet, directly into a destination OnBase system. This provides a simple and easy to use touch screen interface that provides distributed scanning and indexing of critical business documents. Documents arrive at their intended destination faster and are already imaged and indexed.
“The fi-6000NS network scanner is the ideal product for shared scanning in the front office. The OnBase integration transforms the fi-6000NS into a powerful solution for digitizing business content and driving work-flow processes. We’re proud to offer our scanning technology as part of the OnBase product solution,” commented Scott Francis, FCPA Sr. Director of Product Marketing.
“OnBase end users now have the ability to enhance their already highly productive processes,” explained Hyland Software executive vice president and chief operating officer, Bill Priemer. “Organizations, such as financial institutions, insurance companies, healthcare organizations and retail companies can deploy distributed capture with ease. Organizations will have the capability to expedite processes and eliminate wait times to process applications and claims; users will notice the elimination of costly delays.”
Hyland Software will be debuting this integration at this year’s OnBase Training and Technology Conference in Nashville September 16 – 21. The OnBase Integration for the Fujitsu fi-6000NS will be available to the public in fall 2007 with Hyland’s upcoming software release version 7.
About Fujitsu
Fujitsu is a leading provider of customer-focused IT and communications solutions for the global marketplace. Pace-setting device technologies, highly reliable computing and communications products, and a worldwide corps of systems and services experts uniquely position Fujitsu to deliver comprehensive solutions that open up infinite possibilities for its customers' success. Headquartered in Tokyo, Fujitsu Limited (TSE:6702) reported consolidated revenues of 4.8 trillion yen (US$40.6 billion) for the fiscal year ended March 31, 2006. For more information, please see: http://www.fujitsu.com.
About Fujitsu Computer Products of America, Inc.
Fujitsu Computer Products of America, Inc. conducts engineering and marketing activities in Sunnyvale, CA and sales operations throughout the United States. Fujitsu Computer Products of America currently offers products and services including scanners and scanner maintenance, hard disk drives, Magneto-Optical drives, palm vein recognition technology and 10Gb Ethernet switches. Fujitsu Computer Products of America is located at 1255 East Arques Avenue, Sunnyvale, CA, 94085. For more information about Fujitsu products and services, call us at 800-626-4686 or 408-746-7000. For more information, please see: http://us.fujitsu.com/fcpa.
About Hyland Software Inc.
Hyland Software Inc. is the developer of OnBase, a rapidly deployable suite of enterprise content management (ECM) software applications. OnBase is a modular suite of ECM applications that includes document imaging, workflow, electronic document management, COLD/ERM and records management. OnBase allows organizations to manage all digital content, including scanned paper documents, e-mails, faxes, print streams, application files, e-forms, Web content and multimedia files. OnBase is used by businesses and government agencies around the world to reduce the time and cost of performing important business functions and address the need for regulatory compliance through the management, control and sharing of digital content with employees, business partners, customers and other constituencies. For more information about OnBase, please contact an Authorized OnBase Solution Provider or visit www.onbase.com.
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Digipede Launches the Digipede Network 2.0 to Meet Growing Demand for Application Scalability on the Microsoft Windows Platform
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New edition furthers Windows integration, offers low latency capabilities for greater performance
Leading grid software provider Digipede™ Technologies (http://www.digipede.net/), at the High Performance on Wall Street conference (booth #215E), unveiled the newest version of its award-winning grid software solution for the Microsoft Windows platform. The Digipede Network™ 2.0, the powerful, economical grid computing solution based on the Microsoft .NET Framework environment, features a new robust and more powerful control interface for grid-enabling applications, continued integration with existing security installations, and low latency capabilities for enhanced performance and greater scalability for organizations of all sizes.
"The Digipede Network is known for ease of deployment, use, and programming; the newest version preserves these key attributes while delivering improved manageability for large installations," said John Powers, CEO of Digipede. "Our latest release integrates with Microsoft Active Directory, which improves control over user access and privileges on the grid. We’ve also improved the capabilities for administrators who work with larger numbers of Digipede Agents, users, and applications.”
Powers continues, "In addition, users will see even faster results with lower latency throughout the system, improving performance on short tasks significantly. And additional options for taking advantage of multiple cores mean broad classes of applications will see even greater performance increases with minimal effort."
“Microsoft is pleased to continue its relationship with Digipede and the company’s ability to provide developers with a set of tools to quickly and easily grid-enable their applications,” said Dave Mendlen, director for Visual Studio in the Developer Division at Microsoft Corp. “By integrating the Microsoft Visual Studio 2005 debugging package with the latest release of the Digipede Framework Software Development Kit (SDK), the process is simplified even further, enabling developers to be more productive.”
The Digipede Network’s tight focus on ease of application integration and deployment remains unchanged in version 2.0. The upgrade concentrates on enhancing the ability of customers and ISV partners to roll out new grid-enabled applications quickly and economically, with even better management of the Digipede Agents used to coordinate the distributed work.
"Digipede helped us virtualize our Microsoft Windows applications and provided us an easy path to distributed computing in clusters and grids, with outstanding support for our .NET developers," said Paul Algreen, CTO at III Offshore Advisors. "The new version of the Digipede Network gives us the ability to utilize the multi-processor and multi-core machines on our grid without the difficulty of complicated, multi-threaded development. Plus, the ability to debug distributed applications using the Visual Studio plug-in from within the developer’s standard environment is a great productivity enhancer. The Digipede Network has been a great benefit to our business and our customers."
The Digipede Network 2.0 Key Features
- Windows Authentication and Active Directory integration make it faster and easier to integrate distributed applications with in-place security-enhancement schemes
- E-mail notification ensures that users and administrators get the information they want about the status of their jobs when they want it
- An improved user interface for administrators allows closer management of users, applications and the Digipede Agents
- The Digipede Framework SDK now includes a Visual Studio 2005 debugging package, making debugging of distributed applications much simpler
- Enhanced .NET Framework development patterns included in the SDK allow for much finer control over remote applications, application configuration, threads and processes
- Lower latency throughout the system means greater scalability and enhanced performance
The Digipede Network is an affordable distributed computing solution built entirely on the Microsoft .NET Framework that dramatically improves the speed and performance of demanding real-world business applications. Integrated with Microsoft SQL Server 2005, Visual Studio 2005, Windows Compute Cluster Server 2003, and other Windows Server products, the Digipede Network is radically easier to buy, install and use than other grid-computing solutions. Using the Digipede Network, businesses can easily achieve the benefits of grid computing, including improved IT agility and increased application scalability. Developers can write .NET Framework-based or COM applications that will take advantage of hundreds or thousands of computers, bringing the power of grid computing to the Windows platform.
Availability and Pricing
The Digipede Network is available directly from Digipede Technologies. The Digipede Network Professional Edition starts at $4,000 per year, including the Digipede Server and five Digipede Agent Processor Licenses. Additional Agents work can be licensed for $199 each per year. The Digipede Network includes the acclaimed Digipede Framework SDK at no additional charge, providing unprecedented flexibility for grid-enabling enterprise applications. For additional information about pricing and configuration options, visit Digipede’s online store at www.digipede.net, or contact Digipede at sales@digipede.net.
About Digipede Technologies
Digipede Technologies is a leading software provider of grid computing solutions for the Microsoft .NET Framework. Digipede is led by a proven team of technology visionaries who have developed best-in-class Windows applications for more than 18 years. Digipede is a Microsoft Gold Certified Partner, and winner of Microsoft’s 2007 ISV Innovation Partner of the Year award. Headquartered in Oakland, California, Digipede is expanding rapidly. For more information visit http://www.digipede.net/.
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Hastings Mutual Insurance Company Selects Skywire Software’s Documaker Customer Communications Management (CCM) Suite
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Michigan-based insurer will transform and enhance communications between agents and customers using powerful enterprise publishing suite
Skywire Software, a leading global provider of software and services for the insurance industry, announced Hastings Mutual Insurance Company has selected Skywire Software’s powerful Documaker enterprise publishing suite. The Michigan-based insurer will use the Documaker suite to automate the creation, management, and delivery of state reports, manuals, forms, policies, and related customer communications.
Hastings Mutual Insurance Company sought a single, enterprise-wide publishing platform that could house all forms in a central, secure library and be accessed by its agent force in a thin client environment. Skywire Software’s Documaker will allow agents to electronically create, preview, edit, and approve documents from their desktops, significantly reducing manual processing time. Skywire Software’s customer focus and deep insurance domain expertise also were key drivers behind the company’s selection of Documaker.
“It was very important to implement a solution that would allow agents to access customer forms and account information quickly, easily, and efficiently,” said Joseph R. Sacco, supervisor, application development, Hastings Mutual Insurance Company. “With Documaker’s user-friendly, centralized archive, agents can respond rapidly to customer requests, enhancing our time-to-market and simultaneously improving agent and customer satisfaction.”
Hastings Mutual Insurance Company is committed to differentiating itself from the competition through service to its policyholders. Superior customer service and ease of doing business significantly improve customer loyalty and policy retention.
“We look forward to assisting Hastings Mutual Insurance Company to continue to transform and enhance communications between its agents and insureds, while ensuring greater corporate consistency and accuracy,” said Wendy Gibson, chief marketing officer, Skywire Software. “Documaker suite’s electronic workflows not only streamline production processes, but also provide the company with greater flexibility in publishing policies and customer-related communications, resulting in quicker speed-to-market.”
In keeping with Skywire Software’s ongoing commitment to enabling high-volume, on-demand and personalized customer communication, the company recently announced the general availability of Documaker 11.2. The latest power packed version of Documaker includes more than 140 customer and market-driven enhancements and an enhanced guided user interface for increased user empowerment. Documaker is Service-Oriented Architecture (SOA) ready and can be integrated with third party systems via Web services
Skywire Software is a leading provider of software and services to the insurance industry serving more than 1,000 insurance companies. The company provides best-in-breed software components that wrap around core administration systems to make them better and assist insurers in managing the lifecycle of a policy. In addition to Skywire Software’s business and enterprise CCM applications, customers also leverage the deep insurance domain knowledge and expertise of Skywire Software’s professional services team.
About Skywire Software
Skywire Software is a leading software company serving the insurance, financial services, health care, utility, legal and professional services industries. The Company develops industry-specific software products that help companies integrate processes, people and information. With products and services that span a range of key functions, including rating, rules, underwriting, business intelligence, agency management, data movement, and enterprise-wide document automation and compliance, Skywire Software is dedicated to providing an unparalleled customer experience to more than 2,300 customers in 45 countries worldwide. For more information, contact Skywire Software at 1-800-735-6620 or visit www.skywiresoftware.com.
About Hastings Mutual Insurance Company
Hastings Mutual Insurance Company is a regional insurance company with a five-state, Midwest marketing territory located in Hastings, Michigan. Personal and responsive service is the goal of Hastings Mutual. Claims, Marketing, and Loss Control Representatives are geographically located to effectively serve customers. For more information, visit www.hastingsmutual.com.
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CONNECTURE, INC. SIGNS NEW CLIENT, FALLON COMMUNITY HEALTH PLAN
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Connecture, Inc., the leading provider of Web-based sales, service and process automation solutions to the health insurance industry, has signed a three-year agreement with Fallon Community Health Plan (FCHP) in Massachusetts. Connecture will be providing its InsureConnect EZ product to help FCHP and its broker community reach small groups and individuals online.
FCHP wanted a best-in-class sales process automation package that would provide speed to market and help it compete by providing online quoting for brokers and agents. With its standard features and functionality, InsureConnect EZ is typically implemented in a matter of months. Utilizing the InsureConnect EZ Rating, Quoting and Sales Automation products will allow FCHP to offer quotes directly to individual consumers, improving its market reach and accessibility.
“We’re excited that we’ll soon be able to offer our products online so we can service our customers faster and help our brokers reach a wider market,” stated Patrick Hughes, FCHP Senior Vice President and Chief Marketing and Sales Officer. “InsureConnect EZ is going to make FCHP easier to do business with and will help us to compete more effectively and efficiently.”
“InsureConnect EZ is really meeting a need in the market,” commented Curt Schumacher, Senior Vice President of Product at Connecture. “Smaller health plans like FCHP that require an affordable sales automation solution to compete with larger plans can take advantage of InsureConnect EZ and be ready to go to market in as soon as 15 weeks.”
FCHP has been considering selling their products online for some time, and InsureConnect EZ is just a part of their broader automation plan. “In addition to the functionality and speed to market InsureConnect EZ is going to afford us, we chose Connecture because of its focused experience in our industry,” added Hughes. “We’re confident that they’ll deliver a quality solution in the timeframe we’ve identified.”
“InsureConnect EZ is a package solution that is as close to off-the-shelf as you can get for a sales automation system,” stated Bob Barry, Senior Vice President of Product and Market Strategy at Connecture. “FCHP is one of the leading health plans in Massachusetts. With this agreement, we’re proud that Connecture now has three of the top four Massachusetts health plans as clients.”
About Fallon Community Health Plan
Founded in 1977, Fallon Community Health Plan is a regional health care services organization, and the only health plan in Massachusetts that is both an insurer and provider of care. FCHP offers a complete product portfolio of group and individual health plan options (HMO, POS, PPO, Commonwealth Care, Commonwealth Choice, MassHealth and Medicare Advantage plans). We administer fully- and self-insured funding arrangements with customized services for employers. Our uniquely developed provider networks offer high-quality, cost-effective, coordinated care, and our broad spectrum of services and programs ensures that our members, at every stage of life, remain as healthy and productive as possible.
As a provider of care, FCHP operates Summit ElderCareSM, an advanced and completely integrated PACE (Program of All-inclusive Care for the Elderly) program that offers seniors and their caregivers an alternative to nursing home care. FCHP has earned consistent ratings as one of the nation’s top health plans, and is the only health plan in Massachusetts to have been awarded “Excellent” Accreditation by the National Committee for Quality Assurance for our HMO, Medicare Advantage and Medicaid products. Fallon Community Health Plan’s corporate headquarters are located at 10 Chestnut St., Worcester, MA 01608. For more information, contact Christine Cassidy at 508-368-9502 or visit FCHP’s Web site at www.fchp.org.
About Connecture
Connecture is solely focused on delivering integrated Web-based sales, service and process automation solutions to the health insurance industry. Connecture has automated elements of the insurance sales and service process for over 70 health plans and insurers, and its InsureConnect suite of solutions currently supports the sales and servicing of 10 of the 20 largest health plans and insurers in the country. Its industry-proven solutions encompass the entire spectrum of multi-channel insurance sales and services for small group, large group and individual markets. Connecture offers an end-to-end business process transaction platform consisting of focused modular applications that fully integrate with existing legacy systems. Connecture’s solutions have proven to deliver increased sales, enhanced broker loyalty, improved back-office efficiencies, lower customer acquisition costs, and decrease overall operating expenses. For more information, call Megan Moyer at 262.408.3866 or visit the Connecture Web site at www.connecture.com. Connecture has offices at 101 Marietta Street, Suite 1700, Atlanta, GA, and at One Riverwood Place, N17W24222 Riverwood Drive, Suite 330, Waukesha, WI.
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Diversified Investment Advisors Selects Exstream’s Dialogue Live Software
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Leading National Investment Advisory Firm Enhances Business Processes with Interactive Document Capabilities
Exstream Software, LLC announced that Diversified Investment Advisors, a national investment advisory firm specializing in retirement plans, has chosen Dialogue Live, its groundbreaking software that provides companies with a common infrastructure for managing the editing of all types of interactive documents across the enterprise. Diversified has been using Dialogue, Exstream’s market-leading enterprise document automation software, since 2004 for straight-through processing of its retirement communications. Fully integrated with Dialogue, the addition of Dialogue Live makes it possible for the company to ensure accuracy and control costs through centralized document production and fulfillment, while giving customer-facing employees the flexibility and autonomy they need to interactively complete personalized communications at the point of need.
“Diversified saw the benefit of giving users more control over the customization of our communications, but we also wanted to make sure the fulfillment process remained well-orchestrated and efficient. Dialogue Live’s integration with Dialogue allows us to combine the best of both data-driven and user-driven document creation,” said Jami Wysota, vice president, Diversified Investment Advisors. “Giving functional groups a self-service model where they can have control over their documents and providing the efficiency necessary to keep production costs in check is a huge advantage for us.”
“Accessing Dialogue Live through a web browser, Diversified’s sales, marketing, and client relationship staff can provide a higher quality customer experience by inserting relevant images and targeted messages directly in to customer documents using the intelligent, interactive interface. They can also select delivery options that meet the customer’s needs and preferences. Once the interactive document templates are completed the final output is sent directly to Dialogue’s production environment for fulfillment and other back-end processing. The company plans to use Dialogue Live for a number of customized communications, including enrollment booklets, sales prospect materials, posters, and postcards.
“It’s exciting to know companies no longer have to choose between cost and control when seeking to connect in a more meaningful way with customers,” said Brent Burns, vice president of Exstream’s financial services practice. “Dialogue Live is a perfect solution for companies like Diversified Investment Advisors that want to create a better customer experience with user-created communications and still manage fulfillment at a corporate level.”
About Diversified Investment Advisors
Diversified Investment Advisors, Inc., an AEGON company, is a national investment advisory firm specializing in retirement plans. The company’s expertise covers the entire spectrum of defined benefit and defined contribution plans, including: 401(k) and 403(b) (Traditional and Roth); 457; non-qualified deferred compensation; profit sharing; money purchase; cash balance and Taft-Hartley plans; and rollover and Roth IRA. Diversified helps more than 1.3 million participants save and invest wisely for and through retirement.
Headquartered in Purchase, NY, the company’s regional offices are located in Arkansas, California, Illinois, Iowa, Louisiana, Maryland, Massachusetts, New York, North Carolina, Ohio, Oregon, Pennsylvania, Texas, and Wisconsin. To learn more, visit www.divinvest.com
About Exstream Software:
Ranked among the world’s fastest growing technology companies, Exstream Software provides enterprise software solutions for businesses around the world to streamline document creation processes and produce higher quality, relevant communications of all types for delivery through print/mail and online channels. Customers in many industries benefit by getting communications to market as much as 85 percent faster, reducing document production costs up to 80 percent, and as much as tripling customer response. Visit Exstream at www.exstream.com, or contact +1 859-296-0600 or info@exstream.com for more information.
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Open Solutions University Receives IACET Accreditation
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Client and employee education center certified by renowned learning institution
Open Solutions University, an educational center providing a wide variety of training and professional development programs for Open Solutions’ growing client and employee base, announced it received a certificate of accreditation from the International Association for Continuing Education and Training (IACET), a non-profit association dedicated to quality continuing education and training programs. After completing a thorough evaluation including two reviews by IACET’s Commission and a site visit by an IACET commissioner, Open Solutions University was certified as an IACET Authorized Provider and can now award Continuing Education Units (CEUs) to clients and employees completing the training programs. Open Solutions Inc.® is a leading provider of integrated enabling technologies for financial services providers across the United States, Canada and other international markets.
IACET certifies education providers that meet strict continuing education guidelines. IACET certification is the standard learners seek for quality. IACET's Criteria and Guidelines are the core of thousands of educational programs worldwide.
Open Solutions University provides in-depth training on all of Open Solutions’ products and services for clients, as well as employees. Training can be conducted at one of Open Solutions’ North American facilities or directly onsite at the client’s facility depending on their needs. Moreover, Open Solutions’ employees participate in rigorous training when they are first hired through Open Solutions University. Employees are also encouraged to register for courses throughout their careers to stay current on the company’s latest client-focused product and service offerings.
IACET conducted a detailed review of all of Open Solutions University’s processes, including trainer qualification, training enrollment, preparation and delivery, material approval and certification delivery preparation.
“The IACET certification further enables Open Solutions to provide advanced, certified training programs to its clients,” said Darlyn Jasinski, director of Corporate Training. “In addition, it supports our goal to offer our clients world-class service through optimal training opportunities that better position them for success in an ever-changing financial services marketplace. We are pleased to have received such a highly recognized and sought-after certification, and feel the expansion of our course offerings will enhance the positive learning experience of our clients and creates a knowledge enrichment environment for our staff. This recognition of our training program is yet another testament to our commitment to provide superior client service and continuous focus on employee effectiveness.”
Open Solutions University was established in 2000 with an initial staff of five members and primarily focused on new clients transitioning to the Open Solutions’ enterprise-wide data processing platform. Since its inception, the education center has seen tremendous growth and now maintains 34 staff members providing a multitude of training programs. The center was also expanded to include an internal employee university focusing on financial and technological learning opportunities.
Open Solutions Chairman and Chief Executive Officer Louis Hernandez, Jr. said, “As a leader in the financial services industry, we recognize the importance of continued education. Open Solutions University is designed as a comprehensive resource center for our clients and employees where they can further develop their knowledge of the industry and Open Solutions’ full line of products. We also believe in providing professional career development and training opportunities for our employees so they can stay current with industry trends, better serve our clients and enrich their lives. Our Open Solutions University team is dedicated to excellence and it is an honor to have received the IACET accreditation. We are all very proud of this milestone and the recognition that we earned after going through such an extensive and rigorous evaluation process. We remain confident that our continued dedication to education and sophisticated training programs will significantly enhance our clients experience and use of our industry-focused enabling technology and services.”
About The International Association for Continuing Education and Training
The International Association for Continuing Education and Training is a non-profit association dedicated to quality continuing education and training programs. IACET authorizes education providers that meet strict continuing education guidelines. IACET certification is the standard learners seek for quality. IACET's Criteria and Guidelines are the core of thousands of educational programs worldwide. For more information, visit IACET’s Web site at www.iacet.org.
About Open Solutions Inc.
Open Solutions Inc. offers a fully featured strategic information management product platform that integrates core data processing applications built on a single centralized Oracle relational database, with Internet banking, cash management, CRM/business intelligence, financial accounting and management tools, profitability tools, wealth management, imaging, digital documents, interactive voice response, network services, HSAs, payments and loan origination solutions. Open Solutions’ full suite of products and services allows banks, thrifts, credit unions and financial services providers in the United States, Canada and internationally to better compete in today’s aggressive financial services marketplace, and expand and tap their trusted financial relationships, client affinity, community presence and personalized service.
For more information about Open Solutions or its financial product line, contact Mickey Goldwasser by email at mgoldwasser@opensolutions.com or by phone at 860.652.3153 or via fax at 860.652.3156. Visit Open Solutions’ Internet site at www.opensolutions.com.
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Commerce Bank Selects WAUSAU for Retail Lockbox Solution
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Leading Midwestern Financial Institution Enhances Client Lockbox Capabilities With Cutting-Edge Remittance Application
Commerce Bank and WAUSAU together announced the Kansas City, Missouri-based financial institution has named WAUSAU its end-to-end remittance solutions provider and is utilizing WAUSAU’s industry-leading ImageRPS application for retail lockbox operations.
The implementation of the WAUSAU solution significantly enhances Commerce Bank’s retail lockbox capabilities for its clients. The ImageRPS solution allows Commerce Bank to implement both Accounts Receivable Conversion (ARC) and Image Exchange, and enhances exception item processing through the Web Exceptions performance module. The WAUSAU remittance offering also provides Commerce Bank with leading-edge technology for implementing Back Office Conversion (BOC) payment processing for its customers.
With the goal of securing ARC and Image Exchange capabilities for retail lockbox on a more competitive and innovative platform, Commerce Bank selected WAUSAU as its business partner, based on WAUSAU’s leading-edge technology capabilities and reputation in the remittance industry.
“When selecting the ImageRPS application from WAUSAU, we were looking for enhanced capabilities to process retail lockbox payments and deliver tremendous value for our customers,” said Bruce Bienhoff, vice president, Commerce Bank. “At Commerce Bank, we have been processing remittance payments for nearly 60 years, and ImageRPS provides us with the necessary technology to continually provide our customers the most efficient lockbox services on the market.”
Since the 1950s, Commerce Bank has provided remittance-processing services to a diverse set of customers. The WAUSAU remittance application represents the latest piece of cutting-edge technology deployed at the financial institution, as Commerce Bank continues its commitment to deliver effective solutions for its customers. Commerce Bank offers customers innovative remittance processing systems for both retail and wholesale lockbox services from a single vendor by deploying WAUSAU’s ImageRPS for retail lockbox, and the integraPAY® solution for wholesale lockbox customers.
“WAUSAU is the industry’s leading solution ARC provider, with our ImageRPS solutions processing more than one-third of ARC conversions annually,” said Kathy Strasser, senior vice president, Remittance and Enterprise Content Management Solutions for WAUSAU. “Our ImageRPS retail solution provides state-of-the art features and functionality for Commerce Bank’s lockbox customers, allowing them to increase the speed of their money movement through ARC and Image Exchange.”
WAUSAU’s ImageRPS solution offers advanced transaction technology that is flexible and scalable for the customer, whether an organization receives recurring business or personal checks, partial- or full-remittance payments or single check or full-page transactions.
About Commerce Bank
Commerce Bank is the principal subsidiary of Commerce Bancshares, Inc. (NASDAQ: CBSH), a $15.5 billion regional bank holding company. For more than 140 years, Commerce has been meeting the financial services needs of individuals and businesses. Commerce provides a diversified line of financial services, including business and personal banking, wealth management and estate planning and investments through its affiliated companies. Commerce currently operates in approximately 360 locations in Missouri, Kansas, Illinois, Oklahoma and Colorado. Commerce also has operating subsidiaries involved in mortgage banking, leasing, credit-related insurance, venture capital and real estate activities.
For additional information, please visit http://www.commercebank.com or email mymoney@commercebank.com.
About WAUSAU
WAUSAU is a premier provider of payment and remittance processing solutions, serving businesses of all types to develop strategies that move money faster. With its products, services and consulting, WAUSAU works with customers to speed check processing, electronic presentment, ACH payments, transaction processing, distributed capture and enterprise content management. WAUSAU’s innovative solutions provide results for a wide range of organizations including financial institutions, insurance companies, utilities, retail businesses and governmental agencies. Find more information about WAUSAU at www.wausaufs.com.
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Foresters selects Insurance Technologies’ ForeSight™ for Sales Illustrations and Enterprise-Wide Connectivity and Automation
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Insurance Technologies LLC, the premier provider of insurance sales and marketing software for the financial services industry, announces that Foresters™, a leading fraternal benefit society, selected Insurance Technologies’ ForeSight™ as their sales illustration platform. ForeSight™ will support all Foresters’ distribution channel partners in the U.S. with their sales of individual term, universal life, whole life, and deferred and immediate annuities.
“Foresters is acquiring the market-leading illustration system technology to support our strategy of attracting and retaining independent distributors and IMOs,” said Lauren Bradley, Foresters Vice President, Product Management & Marketing. “This is where ForeSight™ will be invaluable to Foresters. By customizing this illustration system to best position our unique products and services, we enhance our sales platform to help us deliver value added services to our distribution partners.”
ForeSight™ is ideally suited for Foresters, and will provide high value to their producers by clearly demonstrating the ability of Foresters’ products to meet a prospective member’s evolving needs. ForeSight™ also satisfies Foresters state and federal regulatory requirements and internal disclosure mandates. This is accomplished without compromising ForeSight™ value as a sales tool.
“On a single system, ForeSight™ will support all of Foresters business needs, from illustrations and in-force reprojections to electronic applications and straight-through-processing,” says Paul Skordilis, Execute Vice President, Worldwide Sales and Marketing at Insurance Technologies. “The key value is how our powerful ForeSight™ .NET framework and ACORD XML transaction standards will provide Foresters with automation and reduce their dependency on manual policy service and issue processes. This will improve their overall service levels while reducing their costs of doing business.”
“Foresters chose ForeSight™ to fulfill our need for a high performance, compliant, proven, and easy-to-use online illustration system that could support our users,” adds JS Ledoux, Foresters Director of Product Management & Marketing. “ForeSight™ is distribution technology in a single system solution that delivers all Foresters’ needs now and in the future. We expect it to be a great investment with a strong ROI over time.”
About Insurance Technologies (www.insurancetechnologies.com)
Based in Colorado Springs, Colorado, Insurance Technologies LLC offers point-of-sale illustration software to the insurance and financial services industries. Insurance Technologies award-winning product, ForeSight™, supports all product types, including Life, Health, Annuities, Mutual funds, Critical Illness, DI, and LTC – all on a single mobile platform.
About Foresters
Founded in 1874, Foresters™ helps individuals and families achieve financial security with its innovative portfolio of life insurance products and annuities. Foresters has assets of more than $5.7 billion with liabilities of $4.5 billion resulting in a surplus of
$1.2 billion (all figures in Canadian dollars as of December 31, 2006) and an “A” (Excellent) rating by A.M. Best*. Foresters shares its financial strength with its members, who are customers, through complimentary life, health and education benefits that help its more than 745,000 eligible members and their families in the United States, Canada and the United Kingdom. Foresters provides opportunities that inspire its members to make a difference in their communities. Foresters Equity Services, Inc.** and Foresters Securities (Canada) Inc. are wholly owned subsidiaries of Foresters that offer investment products in the United States and Canada respectively. For more information, please visit http://www.foresters.com
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Old Mutual Financial Network and Insurance Technologies Reach Milestone in Successfully Modeling Unique Protection Benefits
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Insurance Technologies LLC, the premier provider of illustration and point-of-sale software for the financial services and brokerage industries, announces the achievement of a significant milestone in the development of a robust point-of-sale system for Old Mutual Financial Network. Beacon Navigator Variable Annuity from OM Financial Life Insurance Company is the industry’s first VA to bundle income and death benefits in a single rider. In addition, investors can select an asset allocation model with recommended allocations by itself or with individually selected sub accounts. Insurance Technologies ForeSight™ creates illustrations, on an integrated web-based platform, which give Old Mutual producers a powerful and remarkably simple way to illustrate innovative solutions for clients.
Insurance Technologies and Old Mutual have just achieved the goal of expediently delivering to producers a multifaceted system that illustrates the differentiating values and benefits of Variable Annuities. The professional, graphically rich, and compliant sales illustration integrates Asset Allocation models, a Walk-Thru Training Wizard, E-Applications, marketing brochures, and more. ForeSight™ gives Old Mutual a flexible and convenient platform for their business model.
“We are excited to have reached a major objective in effectively delivering comprehensive information to our producers and clients,” said Patrick Ferrer, Vice President Variable Products, Old Mutual. “ForeSight™ is a simple and streamlined way to deliver complex product features and investor tools to both financial service professionals and consumers.”
“Old Mutual’s Variable Annuity is unique in its ability to provide income and death benefits in one rider,” said Paul Skordilis, Executive Vice President Worldwide Sales & Marketing, Insurance Technologies LLC. “The company’s commitment to advanced product packaging solutions inspires our team to work harder to further enhance Foresight™’s distinct client-centered benefits. We are honored that Old Mutual joins dozens of other companies that successfully model their retirement income portfolio using ForeSight™ and we are actively planning additional enhancements to support Old Mutual’s uncommon VA offerings.”
About Insurance Technologies (www.insurancetechnologies.com)
Based in Colorado Springs, Colorado, Insurance Technologies LLC offers point-of-sale illustration software to the insurance and financial services industries. Insurance Technologies award-winning product, ForeSight™, supports all product types, including Life, Health, Annuities, Mutual funds, Critical Illness, DI, and LTC – all on a single mobile platform.
About Old Mutual US
Old Mutual US is a wealth management organization offering access to high-quality asset management and insurance strategies for institutional and individual investors through its three primary components: Old Mutual Asset Management (institutional), Old Mutual Capital (full-service retail platform), and Old Mutual Financial Network (life insurance and annuities operation). The Beacon Navigator variable annuity, form FGL FPDVA 2006, et al., is issued by OM Financial Life Insurance Company, Baltimore, MD, and distributed through Old Mutual Financial Network Securities, Member NASD. It is offered by a prospectus only. Before investing, carefully consider the investment objectives, risks, fees, and other important information about the contract issuer and underlying portfolios. This information can be found in the prospectus. Copies can be obtained from the issuer or distributor. Read the prospectus carefully and consider these factors before investing.
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Skywire Software Completes Acquisition of Whitehill Technologies
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Acquisition Continues Aggressive Global Expansion and Anchors Skywire Software’s Position as Dominant, Vertically Focused Software Provider
Skywire Software announced the successful completion of its acquisition of Whitehill Technologies, Inc., solidifying the company’s position as a dominant, vertically focused provider of software and services worldwide. Terms of the transaction were not disclosed. Skywire Software is a privately held subsidiary of Hall Financial Group, a $2 billion private, diversified firm.
The acquisition of Whitehill continues Skywire Software’s aggressive global expansion, furthers its presence in insurance, financial services and high-growth health care and utilities industries, and expands its vertical focus into legal and professional services. It also increases Skywire Software’s reach into the Canadian market where Whitehill has a significant customer presence. The company will now employ more than 650 employees and serve more than 2,300 customers in more than 45 countries worldwide. Customers include more than 1,000 insurance companies and more than 750 legal and professional services organizations, including two thirds of the world’s 250 largest law firms.
Patrick Brandt will continue to serve as Skywire Software’s president and chief executive officer. Paul McSpurren, who previously served as president and chief executive officer of Whitehill Technologies, will serve as Skywire Software’s chief strategy officer and as general manager, Skywire Software Canada.
About Skywire Software
Skywire Software is a leading software company serving the insurance, financial services, health care, utility, legal and professional services industries. The Company develops industry-specific software products that help companies integrate processes, people and information. With products and services that span a range of key functions, including rating, rules, underwriting, business intelligence, agency management, data movement, and enterprise-wide document automation and compliance, Skywire Software is dedicated to providing an unparalleled customer experience to more than 2,300 customers in 45 countries worldwide. For more information, contact Skywire Software at 1-800-735-6620 or visit www.skywiresoftware.com.
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