BCF Technology Launches Multi-Platform Data Mapping Solution for Insurance & Financial Services; Natively Supports Agency Management Systems and Rating Products for AL3/ACORD XML Data Mapping.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. announces the launch of its multi-platform Data Mapping Data mapping is the process of creating data element mappings between two distinct data models. Data mapping is used as a first step for a wide variety of data integration tasks including:
The Data Mapping Solution has been implemented in over 200 insurance carrier transactions for Commercial and Personal Lines insurance transactions. The solution allows insurance agents/brokers, insurance carriers, and financial services organizations to exchange data in a normalized, efficient, and low cost manner. Native Data Mappings from AL3 to 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) 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. include:
Personal Lines Commercial Lines Inquiry Messages
-- Dwelling Fire -- Boiler And Machinery -- Billing Inquiry
-- Homeowners -- Business Owners Policy -- Claims Inquiry
-- Personal (BOP) -- Policy Inquiry
Automobile -- Commercial Automobile
-- Personal Inland -- Commercial Package
Marine -- Commercial Property
-- Personal -- Commercial Umbrella
Package -- Crime
-- Personal -- Directors And Officers
Umbrella -- Employment Practice
-- Watercraft Liability
-- Errors And Omissions
-- Farm
-- General Liability
-- Workers Compensation
Frederick Waite, President and COO of BCF commented, "Insurance carriers and agents have been unable to efficiently and cost effectively exchange data to/from their proprietary systems, until now. Our solution removes the typical roadblocks of a proprietary system data structure, allowing agents and carriers to begin exchanging data and improve workflow while reducing costs. We are pleased that many of our transactions have already been ACORD certified See certification. with others to follow." Fred Covely, Chief Executive Officer of BCF Technology added, ""While we have had excellent success using Microsoft's platforms for our data mapping software, we believe that pursing a multi-platform technical strategy in several key technology areas will allow our customers more operational flexibility in deploying BCF solutions. BCF has a cross platform legacy, so making this move was easy to do technically and offers substantial advantages to our customers." 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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