Exstream Software Cited as Category Leader in Celent's Deal Trends Reports For Second Consecutive Year.LEXINGTON, Ky. -- www.exstream.com--Exstream Software, Inc. today announced that it has been named a leading provider of insurance document management solutions by Boston-based Celent, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control for a second year in the analyst firm's "Insurance Software Deal Trends 2004-2005" reports published this month. Based on its deal volume, Exstream was cited in both the life/health and property/casualty editions as one of the top three out of fifteen leading providers in the document management category, which includes creation of policies, certificates and correspondence. Additionally, Exstream was listed in the top three leading vendors by deal flow for all software vendors in the Celent Traction Traction Definition Traction is the use of a pulling force to treat muscle and skeleton disorders. Purpose Traction is usually applied to the arms and legs, the neck, the backbone, or the pelvis. Index. The Traction Index scores vendors based on the submitted deals and types of relationships represented in those deals. Celent's independent, industry-leading reports are based on a sample of 1,158 software deals in insurance signed in 2004 and 2005 by 68 vendors. Details about the majority of the deals analyzed--including the carrier type, carrier size, and business processes supported--were provided by the vendors. Additional deals were captured by reviewing public data sources. The report analyzes deals across four metacategories and 42 subcategories. More information about the reports is available online at www.celent.com. "The results of our study show that document issues are a priority for carriers of all sizes," says Craig Weber, senior analyst in Celent's insurance group and author of the reports. "There is increasing awareness that old-fashioned approaches to documents fall short of service expectations and present serious cost concerns." "Celent's recognition of Exstream's success in the document management space is a reflection of our commitment to go beyond document composition and offer technology solutions that streamline complex document creation processes and integrate workflows," said Michael Charest, group vice president of insurance solutions at Exstream. "A big focus for our company is to alleviate the inherent complexity of document creation and delivery while offering regulatory support and enterprise workflow solutions that provide insurers with the technology to create compliant documents and manage the approval process with unprecedented control and efficiency. We are especially pleased with our Traction Index rating which reflects our commitment to the insurance vertical and to software vendors looking to partner with a market leader." Leading insurance providers around the world have chosen Exstream's Dialogue enterprise personalization Custom tailoring information to the individual. On the Web, personalization means returning a page that has been customized for the user, taking into consideration that person's habits and preferences. solution, including Aflac, Ameritas, CIGNA CIGNA CG (Connecticut General Life Insurance Company) INA (Insurance Company of North America) , Concord Concord, cities, United States Concord (kŏng`kərd, kŏn`kôrd'). 1 city (1990 pop. 111,348), Contra Costa co., W central Calif.; settled c.1852, inc. 1906. , CSAA CSAA Child Study Association of America. , Guardian, HealthNow NY, Penn National, ING and Oxford Health plans. About Celent Celent is a research and advisory firm dedicated to helping financial institutions formulate comprehensive business and technology strategies. Celent publishes reports identifying trends and best practices in 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. technology and conducts consulting engagements for financial institutions looking to use technology to enhance existing business processes or launch new business strategies. With a team of internationally experienced analysts, Celent is uniquely positioned to offer strategies, advice and market insights on a global basis. For more information, please visit www.celent.com. About Exstream Software Headquartered in Lexington, Kentucky Lexington, Kentucky, United States, known as the "Horse Capital of the World," is located in the heart of the Bluegrass region. It is the second-largest city in Kentucky, after Louisville, Kentucky,[1] and the 68th largest in the United States. , USA, Exstream Software provides a single platform for businesses around the world to create and manage higher quality, fully personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. communications of all types for delivery through batch, real-time and interactive channels. Companies in the financial services, insurance, service provider, telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. , utilities, hospitality, government and other industries benefit by getting communications to market as much as 85 percent faster, reducing document production costs up to 80 percent, and as much as tripling customer response. For more information about Exstream Software and its market-leading Dialogue and AFP (1) (AppleTalk Filing Protocol) The file sharing protocol used in an AppleTalk network. In order for non-Apple networks to access data in an AppleShare server, their protocols must translate into the AFP language. See file sharing protocol. Studio technology, visit www.exstream.com, or contact Exstream at 859-296-0600 or info@exstream.com. All trademarks are the property of their respective owners. |
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