AdminServer and Vallue Consulting Announce Strategic Partnership To Provide XML Training for AdminServer Clients.Business Editors MALVERN, Pa.--(BUSINESS WIRE)--March 25, 2003 New partnership will enable AdminServer clients to effectively deploy XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. throughout their insurance enterprise for straight-through-processing AdminServer, Inc., a premier software solution provider to the annuity and life insurance industry, and San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden based Vallue Consulting today announced a strategic partnership to offer Vallue's specialized spe·cial·ize v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es v.intr. 1. To pursue a special activity, occupation, or field of study. 2. XML training services to AdminServer clients to enable them to define, develop and deploy an effective XML strategy to derive maximum business benefit from their AdminServer life and annuity policy administration solution. The AdminServer and Vallue partnership offers the benefits of the partners' combined experience and track record of success. Armed with skills and knowledge of XML, AdminServer clients will enjoy increased self-sufficiency in their use of the AdminServer XML-based rules engine and will develop the competencies to build the necessary digital bridges to connect their disparate silo legacy systems. Ric Young, AdminServer's Chief Marketing Officer said, "Our relationship with Vallue is a continuation of our unwavering commitment to offer our clients nothing but the best in technology, products and services. Vallue Consulting has an unmatched wealth of experience and expertise in ACORD ACORD Association for Cooperative Operations, Research and Development ACORD Agency for Cooperation and Research in Development ACORD Association de Coopération et de Recherche pour le Développement (French) and XML deployment in the insurance industry. We look forward to working with them to spread the XML word, enhance the industry's knowledge and accelerate the industry's adoption rate of both the ACORD standards and XML technologies." Mr. Young continued, "While insurers are embracing new technology solutions like ours, we understand that they continue to struggle with the silo environment that is currently in place. The knowledge provided through Vallue's training enables our clients to take full advantage of their AdminServer solution while also providing a path to connect their older technology and extend the legacy life until they can fully migrate to new technology platforms." Tana Sabatino, Vallue Consulting's founder added, "We look forward to our continued work with AdminServer and their clients. AdminServer's use of XML is unique to the industry, maximizing on the flexibility of the XML language to significantly accelerate the life-cycle needed to define, develop, deploy and administer new business. With clients like MONY MONY Mutual of New York (Insurance - Syracuse, NY) and Nationwide already onboard Refers to a chip or other hardware component that is directly attached to the printed circuit board (motherboard). Contrast with offboard. See inboard. , AdminServer has successfully demonstrated how XML can eliminate the lengthy systems development cycle needed in the traditional life and annuity policy administration systems. Vallue is glad to partner with AdminServer as the insurance industry increases their adoption of XML and selects solutions, like AdminServer's, that offer true web-based, straight-through-processing." About Vallue Consulting Vallue Consulting provides technology consulting for the insurance industry, specializing in the application of XML and ACORD's insurance standards. Vallue offers customized XML training courses based on your specific needs. Other support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services include requirements analysis (project) requirements analysis - The process of reviewing a business's processes to determine the business needs and functional requirements that a system must meet. , data modeling, business process modeling, and gap analysis. To learn more about Vallue Consulting, please visit the website at www.vallue.com, e-mail Tana Sabatino (tsabatino@vallue.com), or call 415.674.8666. About AdminServer, Inc. AdminServer, Inc. is a premier solutions provider for the insurance community. AdminServer has been delivering administrative system solutions, web services (1) Loosely, any online service delivered over the Web. Such usage appears in articles from non-technical sources, but not in IT-oriented publications, because definition #2 below describes the correct use of the term. , and consulting since 1998. Today AdminServer specializes in fixed and variable annuities Variable annuities Investment contracts whose issuer pays a periodic amount linked to the investment performance of an underlying portfolio. , pensions, immediate annuities immediate annuity An annuity that is purchased with a lump sum and that begins making payments one period after the purchase. Immediate annuities are most commonly purchased by people who have accumulated a sum of money and are ready for retirement. and life insurance; and currently offers the only life insurance and administration system designed specifically as a web application employing Microsoft's .NET strategy and technologies. To learn more about AdminServer products and services, please call 972.715.2028, e-mail Ric Young (ricy@AdminServer.com), or visit the website at www.AdminServer.com. |
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