PRESS RELEASE
Adeptia furthers
commitment to Insurance industry by developing integration solutions based on
ACORD standards
Chicago,
IL – July 27th, 2004 – Adeptia Inc., an innovative provider of business
process integration and management technologies, today announced its membership with Association for Cooperative Operations Research and
Development (ACORD), the leading standards organization for the insurance
industry.
Adeptia provides efficient, quick-to-deploy, cost-effective, ACORD based business process solutions for the Insurance industry. Adeptia offers pre-built reference processes that enable ‘any-to-any’ data transformation, and ACORD-standards based XML and AL3 data formats to facilitate exchange of data in globally acknowledged formats.
“We applaud
Adeptia’s membership in ACORD and their commitment to the adoption of standards
in the industry. We look forward to
working with Adeptia on the continued implementation of ACORD standards” said Denise
Garth, vice president, Membership and Development, ACORD.
“Adeptia
believes that widespread adoption of industry-standards will help realize our
vision of automated, seamless connectivity between suppliers and partners.”
said Lou Ennuso, CEO of Adeptia. “We are committed to providing powerful and
high-value ACORD standards-based integration solutions to our customers.”
Adeptia’s
forte is its unique business process integration technology that dramatically
simplifies the process of connecting applications, thereby reducing time and
effort required for complex integration by up to 75%. Adeptia’s technology allows firms to seamlessly and quickly unify
disparate data and application silos into high value customer and supply chain
solutions.
“Through
the use of Adeptia’s technology, we can streamline the ACORD implementation
process and rapidly deliver scalable integration from the value chain to
back-end systems.” said Deepak Singh, CTO of Adeptia. “Adeptia solutions are
aimed at bridging the gap between IT
and Business. Our goal is to help
organizations create effective processes that reduce administrative costs, and
enable managers and other human resources to focus on their core businesses.”
he added.
About
ACORD
Based in
New York, ACORD (Association for Cooperative Operations Research and
Development) is a global, nonprofit insurance association whose mission is to
facilitate the development and use of standards for the insurance, reinsurance
and related financial services industries. With offices in London as well,
ACORD accomplishes its mission by remaining an objective, independent advocate
for sharing information among diverse platforms. ACORD Standards and services
improve efficiency and expand market reach. Affiliated with ACORD are hundreds
of insurance and reinsurance companies, and thousands of agents and brokers,
related financial services organizations, software providers, and industry
organizations worldwide.
About Adeptia, Inc.
Adeptia
is an enterprise software company headquartered in Chicago, Illinois, that
focuses on providing business process integration and management solutions. Adeptia’s
Indigo solutions facilitate Application
Integration, Information Integration,
Composite Applications and Business Process Management. Adeptia's
technologies have been tested and deployed by Fortune 1000 companies. For more
information, visit http://www.adeptia.com.
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Contact Information
Rob
Walter
Adeptia,
Inc.
(312)
442-4420 x4426
rob.walter@adeptia.com