BCF Technology Announces the Hartford's Implementation of TRANSIT-WS Platform.CHARLOTTE, N.C. -- BCF BCF Billion Cubic Feet BCF Bioconcentration Factor BCF British Chess Federation BCF British Coatings Federation BCF Breast Cancer Fund BCF Bank Credit Facility BCF Bulked Continuous Filament BCF British Cycling Federation BCF Boeing Converted Freighter Technology, Inc., a leading provider of 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. , integration & aggregation of data, competitive intelligence information, and single sign-on An identification system that lets users log into multiple Web sites on the Internet with one username and password. Single sign-on systems are also used within an enterprise, enabling users to access all authorized resources in the local network using the same username and password. technology solutions for insurance 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. announced today that The Hartford Financial Services Group, Inc., one of the largest financial services and insurance companies in the U.S., has implemented the BCF Technology TRANSIT-Web Services (WS) platform. Fred Covely, Chief Technology Officer of BCF Technology commented, "Our new Transit-Web Services (WS) technology can dramatically reduce implementation time and cost. We have demonstrated our ability to bring powerful new technical capabilities to the traditional AL3/XML/Web Service arena. The ability to quickly implement a Web Service transaction without requiring an insurer to modify its current applications in any way is a capability we have spent two (2) full years working on -- to finally see it working is a thrill. We remain committed to driving implementation and transaction costs Transaction Costs Costs incurred when buying or selling securities. These include brokers' commissions and spreads (the difference between the price the dealer paid for a security and the price they can sell it). lower." Frederick Waite, President and COO (Cell Of Origin) See mobile positioning. of BCF added, "We see a consistent challenge across the insurance industry. Creating an open Web Services architecture without rebuilding their applications from the ground up is a common problem that can be very time consuming and costly to an insurance carrier. BCF was able to create the 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) based Web Service in five (5) weeks while leveraging their existing applications. We are confident this is the first of many projects to come that will leverage the TRANSIT-WS platform's ability to complete large scale Web Services projects at a fraction of the time and cost it would normally take our clients." About BCF Technology BCF Technology is a leading provider of web services, integration & aggregation of data, competitive intelligence information, and single sign-on technology solutions for the insurance and financial services sectors. For information about BCF's products and services, email fwaite@bcftech.com or visit our web site at www.bcftech.com. |
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