Pompano Beach, FL (PRWEB) September 28, 2012
Aplifi, a leading provider of Life & Annuity Order Management, Client Management and Electronic Document Delivery solutions for the financial services and insurance market segments, announced today a strategic partnership with VERTEX Incorporated combining Aplifi’s ADMConnect platform functionality with VERTEX’s expert-level operational support.
ADMConnect is a highly configurable platform used to implement customized back-office business processing with the philosophy of lowering total cost of ownership by minimizing software development in favor of a highly configurable solution. The ADMConnect platform is designed to provide an affordable solution for high-complexity insurance industry B2B integration that has historically been addressed by large custom software development processes.
What is the partnership offering the industry?
The Aplifi-VERTEX Partnership – Insurance processing implementations are complex. The Aplifi/VERTEX partnership combines the highest possible level of production experience for insurance business processing, with options for both onsite and offsite operations support.
One Solution for All Formats – ADMConnect provides an insurance-vertical-focused solution that supports DTCC, ACORD, NAILBA, and proprietary messaging, all on a singular platform.
The Most Advanced Solution – Other solutions on the marketplace today rely heavily on hard-coded workflows and data maps. ADMConnect is highly configurable, which means less hard-coded software, speed to market, and lower costs for update and maintenance.
Fully Managed DTCC Spring/Fall Updates – The DTCC updates their message layouts twice a year. All DTCC carriers must update their messages and support mandatory changes on a one-day cutover. No one has more experience in helping with these updates than Aplifi and VERTEX.
Hosted or Installed – ADMConnect is offered either as a turnkey hosted solution—Aplifi handles the hosting and DTCC connectivity, or install and run it on your servers. VERTEX helps you implement the solution.
“Out of the Box” DTCC Software – ADMConnect comes with pre-fabricated workflows for DTCC messaging. It can operate as a standalone solution, or in conjunction with the horizontally (across industries) focused vendors in the ETL/BPI space, such as CSC (Jets), IBM (WebSphere), Oracle (BPM), Tibco, and Informatica.
The Budget Saver – Aplifi and VERTEX have a history of providing quality services on time and under budget. ADMConnect has saved many insurance carriers and distributors hundreds of thousands annually versus competing platforms or building and managing solutions in house.
“We are thrilled with our new partnership and what it means for the insurance industry”, said Chris Pernicano, Aplifi Senior Vice President Sales. “The VERTEX ability to provide expert staffing coupled with the power and flexibility of the ADMConnect platform results in an transformative overall business solution”.
“Aplifi has been a long-time strategic partner for VERTEX and we are excited to take our relationship to the next level”, said Suzanne Brazeal, Vice President Business Automation Services, VERTEX Incorporated. “Our combined offering provides the industry with a much needed solution and one that is quickly implemented providing a excellent ROI for our clients.”
Aplifi (http://www.Aplifi.com), based in Pompano Beach, Florida, is a leading technology provider that focuses on the life insurance and financial services markets. Aplifi offers solutions that facilitate more insurance transactions that are compliant and “In Good Order,” driving increased business. Its suite of flexible and easy to use platforms include AFFIRM for Life, AFFIRM for Annuity, InsureSocket CRM, I-Relay CRM, and PolicyBox. “We Simplify Selling Insurance!”
About VERTEX Incorporated:
VERTEX has been in business for 21 years and is heavily relied upon within the insurance community to provide operational and technology solutions that solve immediate business challenges as well as positions the company for strategic growth. VERTEX's business automation division is dedicated to converting paper processes to electronic for the sale and service of insurance. Over the last ten years, VERTEX directly assisted more than 40 insurance carriers and six major broker dealers in this regard. VERTEX has become known as an industry expert because of its unique ability to implement solutions that meet each company's individual business needs while positioning the company to be in-line with their industry peers.
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