AdminServer selects VERTEX as a Strategic Implementation Partner; VERTEX integration and conversion expertise to help streamline implementation of AdminServer solutions.CHESTER, Pa. -- AdminServer, Inc. announced today that they selected VERTEX, Incorporated as a strategic partner for implementation services. VERTEX offers expertise in cost-effective implementation and conversion, integration, re-engineering and technology services to further AdminServer's success with its maturing suite of insurance solutions and rapidly growing market share. The AdminServer/VERTEX relationship offers AdminServer clients the combination of AdminServer's proven and flexible insurance software solutions, further strengthened with VERTEX's expertise in life insurance, annuity and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industries enterprise integrations, 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) implementations and conversion projects. The resulting fully-integrated solutions will enable AdminServer clients to further leverage technology for cost-effective and high quality operations. The promotion of straight through processing In financial technology, the ability to process a stock transaction by computer from beginning to end without manual intervention at any of the stages. and further automation will provide improved customer service, expanded web capabilities, and increased flexibility to address the continually changing regulatory and compliance environment. "We selected VERTEX in large part due to their proven expertise in the life insurance and annuity industry and their strong relationship with industry organizations such as ACORD and NAVA NAVA National Association for the Visual Arts NAVA National Association for Variable Annuities NAVA Navajo National Monument (US National Park Service) NAVA North American Vexillological Association (National Association of Variable Annuities Variable annuities Investment contracts whose issuer pays a periodic amount linked to the investment performance of an underlying portfolio. ). This partnership is a great marriage that will allow us to continue to offer our clients the highest quality software, skills and services," said Chris Doggett, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and President, AdminServer. "We are elated that AdminServer has selected VERTEX to help enable their insurer clients to effectively and efficiently meet their strategic business goals. There is great synergy between our respective organizations and business philosophies that will result in delivering even greater value to our mutual clients," explained Steven Wilson, President and CEO of VERTEX. About VERTEX Incorporated Located in Wethersfield, CT, VERTEX has been providing business and technical solutions to the insurance and financial services industries since 1991. VERTEX has focused on the life insurance and annuity segments and has gained a global reputation for expertise in these specialties, and for an aggressive "can-do" approach to our clients' projects. VERTEX, Inc. is a woman-owned small business and is recognized by our growing list of prestigious clients as a highly respected industry leader. To learn more about VERTEX Incorporated, please visit the company's website at www.vertexconsulting.com, or contact Lynn Gadue at lynn.gadue@vertexconsulting.com or 860-563-0356. About AdminServer 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. AdminServer continues to specialize in fixed and variable annuities, 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. , life insurance, and reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. . Currently AdminServer offers the only annuity, health, life insurance, and reinsurance administration system designed specifically as a web application employing IBM's J2EE (Java 2 Platform, Enterprise Edition) A platform from Sun for building distributed enterprise applications. J2EE services are performed in the middle tier between the user's machine and the enterprise's databases and legacy information systems. and Microsoft's .NET strategies and technologies. Additionally, AdminServer has expanded their product offerings to include UVServer, an automated fund management and accounting system. To learn more about AdminServer products and services, call 610-619-3100, e-mail info@adminserver.com, or visit the website at www.AdminServer.com. |
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