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Itemfield and Unicorn Partner to Deliver Real-Time Data Integration for ACORD to the Insurance Sector; Companies Partner to Offer the Industry's First Model-Driven Integration Solution.


SAN MATEO San Mateo (săn mətā`ō), city (1990 pop. 85,486), San Mateo co., W Calif., on San Francisco Bay; inc. 1894. It is a commercial and retail center with some high-technology manufacturing. San Mateo, Spanish for St. , Calif. & NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- Itemfield, Inc., the leading provider of next-generation data transformation software for high-performance mission-critical applications, and Unicorn Solutions, Inc., the leading provider of enterprise architecture and metadata management solutions, today announced a joint solution for real-time application and data integration for mid and large-sized insurers. This announcement was made today at the ACORD ACORD Association for Cooperative Operations, Research and Development
ACORD Agency for Cooperation and Research in Development
ACORD Association de CoopĂ©ration et de Recherche pour le DĂ©veloppement (French) 
 LOMA lo´ma

n. 1. (Zool.) A lobe; a membranous fringe or flap.
 Insurance Systems Forum 2005 in Orlando, Florida The city of Orlando is a major city in central Florida and is the county seat of Orange County, Florida. According to the 2000 census, the city population was 185,951. A 2006 U.S. .

Itemfield and Unicorn have already integrated their platforms in working together on a series of IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries)  Insurance Solutions, as well as with Fortune 1000 insurance carriers to validate this combined approach to Model-Driven Integration. As the first step in enabling their customers and channel partners, the two companies will offer a Model-Driven Integration Assessment Service, a fast-start services offering geared toward delivering rapid readiness assessments. The Insurance Solution, which will be demonstrated at the ACORD/LOMA event in Pedestals 35 and 38 in the IBM Life Zone and in Booth 1925, represents the insurance industry's first Model-Driven Integration Solution that unites enterprise data management and real-time insurance bus initiatives.

Faced with the competitive pressures of a maturing industry, insurers are seeking to make more effective real-time use of data about customers and products both internally and among all of the parties in the value chain. To enable this vision for information-on-demand, insurers are embracing an emerging trend in data management and integration known as EIM EIM Enterprise Incentive Management
EIM Enterprise Information Management
EIM Enterprise Identity Mapping (IBM)
EIM Enterprise Instant Messaging
EIM Employee Internet Management
EIM European Institute for the Media
, or Enterprise Information Management, which seeks to provide consistent interpretation of structured and unstructured business data across multiple domains and systems. According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Gartner, "Through 2007, 20 percent of Fortune 1000 companies will deploy an enterprise-level EIM strategy in support of a Service-Oriented Architecture See SOA.  (SOA (1) (Start Of Authority) The first record in a DNS zone file. See DNS records.

(2) (Service Oriented Architecture) The modularization of business functions for greater flexibility and reusability.
). Building an SOA without an EIM strategy will significantly lower the response to business process choreography In a service oriented architecture (SOA), it refers to the flow of business processes. A "non-interruptible" or "microflow" process receives input and generates output. An "interruptible" or "macroflow" process can take any length of time to complete, be interrupted for human interaction , and one of the main benefits of SOBAs (Service-Oriented Business Applications) will be lost." ("Service-Oriented Business Applications Require EIM Strategy," March 30, 2005). The realization of EIM, however, is made more difficult by the traditional divide between the design of enterprise data models and the integration process itself. The resulting integration architectures often fail to support data quality and consistency, leading to costly data errors and slow, inflexible, and high-maintenance integrations.

The joint Unicorn-Itemfield Insurance Solution overcomes this problem by combining metadata management and real-time data transformation within a single Model-Driven Integration Solution that fully integrates data models into the real-time infrastructure. Model-Driven Integration, a new paradigm New Paradigm

In the investing world, a totally new way of doing things that has a huge effect on business.

Notes:
The word "paradigm" is defined as a pattern or model, and it has been used in science to refer to a theoretical framework.
 for supporting EIM, utilizes tools commonly used by business and data analysts such as Microsoft Excel to automatically enrich reference data models such as the ACORD standard with the contextual information needed to support SOAs and to drive key applications such as real-time Business Intelligence, Enterprise Information Integration, and compliance dashboards. The EIM layer enabled by the Unicorn-Itemfield Model-Driven Integration Solution provides semantic end-to-end data quality assurance for SOAs and orchestrated business processes. This yields extensive business and technology benefits including the reduction of system maintenance costs by enabling the consolidation of databases, metadata and business rule registries, the acceleration of transformation and service enablement of legacy systems, and the ability to more rapidly enter new channels and markets.

"To succeed in today's business environment, insurance carriers need to share large amounts of data between back-office systems, emerging channels, and external entities within their value chains," said Dan Carmel, 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.  of Itemfield. "By uniting our customer's data and integration architectures to enable real-time execution of core business processes, Unicorn and Itemfield are delivering the first middleware solution that links a best-in-class metadata management repository and tools with a comprehensive, any-to-any shared transformation service to provide end-to-end semantic data quality assurance reporting and error detection/correction in real-time. Our Model-Driven Integration Solution provides insurers with process efficiencies, greater flexibility and responsiveness, and significantly lower overall data processing costs."

Zvi Schreiber, Unicorn's CEO, said "Many insurers who need to adopt the ACORD standard are also attempting to migrate complex and mission-critical system interfaces to Web Services and 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.
. Together with Itemfield, this partnership offers a Model-Driven Integration Solution that includes a robust platform to help automate the migration of legacy interfaces, maps, integration rules, and a Shared Transformation Service unifying data management and data integration."

Unicorn's commitment to the ACORD standard and its implementation of a reference data model based on that standard provide the foundation for standards-based exchange between data and business services in the joint solution. This foundation has been integrated with Itemfield ContentMaster, which provides real-time data transformation and any-to-any, multi-version mapping of ACORD and other key industry data and transaction standards. While the Unicorn For Insurance Solution and the Unicorn System provide full lifecycle metadata management and mapping of the ACORD standards to enterprise data models and metadata, Itemfield ContentMaster automatically generates real-time executable transformations from Unicorn Data Maps, while providing multi-version mapping support from ACORD and AL3 to numerous enterprise application and information resources. Itemfield transformations are fully embeddable and can execute on any software infrastructure platform, including application servers, ESBs, integration brokers, and ETL (Extract, Transform, Load) The functions performed when pulling data out of one database and placing it into another of a different type. ETL is used to migrate data, often from relational databases into decision support systems.  platforms. In addition to supporting EIM, the Solution plays a key role in enabling insurers to tie together fragmented components of their overall data architecture while ensuring data quality and consistency between orchestrated systems in an SOA.

About Itemfield ContentMaster

Itemfield ContentMaster simplifies business integration by allowing any form of enterprise data to be transformed to any other form of data in real-time via XML. Content Master features a comprehensive visual design environment that reduces development time by up to 90% and an embeddable execution environment optimized to run within a variety of EAI (Enterprise Application Integration) Refers to various techniques used to share data and business processes in large enterprises. When companies acquire another organization, disparate information systems have to be made to work together. , B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G.

B2B - business to business
 and middleware platforms. With ContentMaster, organizations

can rapidly develop, deploy and maintain new applications that integrate complex documents, transaction data, proprietary content, and legacy data formats.

About Itemfield, Inc.

Itemfield is the leading provider of next-generation data transformation software for high-performance, mission-critical applications. Leading companies including AT&T, Philips, GMAC GMAC General Motors Acceptance Corporation
GMAC Graduate Management Admission Council
GMAC Give Me A Call
GMAC Genetic Manipulation Advisory Committee
GMAC Genetic Modification Advisory Committee (Singapore)
GMAC Give Me A Chance
 Financial Services, Ogilvy & Mather, Fireman's Fund, Per-Se Technologies and Pitney Bowes rely on Itemfield ContentMaster to reduce implementation costs and accelerate solution delivery for business integration, including EAI, B2B, legacy modernization and SOA enablement. Itemfield is headquartered in San Mateo, California San Mateo is a city in San Mateo County, California, in the San Francisco Bay Area. It is one of the larger suburbs on the San Francisco Peninsula, located between Burlingame to the north, Foster City to the East, and Belmont to the south. , with sales offices across the U.S. and distribution worldwide. More information on Itemfield is available at http://www.itemfield.com.

About Unicorn Solutions, Inc.

Unicorn Solutions is the world's leader in Enterprise Architecture and Metadata Management. Unicorn's ONE Enterprise paradigm delivers unprecedented transparency, integration, IT efficiency, and agility to the Global 1000. ONE Enterprise delivers this value to lines of business and the overall enterprise by managing their disparate IT systems, creating a common business architecture, and overlaying the common business architecture on the IT systems. As a result, businesses rapidly develop and update their common business language and processes while rationalizing the IT systems on which they are executed. The Unicorn System(TM) enables the ONE Enterprise paradigm with capabilities that include: metadata repository, ontology ontology: see metaphysics.
ontology

Theory of being as such. It was originally called “first philosophy” by Aristotle. In the 18th century Christian Wolff contrasted ontology, or general metaphysics, with special metaphysical theories
 modeling, semantic mapping, active design services, active IT management services, and federated Connected and treated as one. See federated database and federated directories.  business querying. Industry standard libraries accelerate ONE Enterprise adoption in the insurance, financial services, and government sectors. For more information, visit http://www.unicorn.com.

(C) 2005, Itemfield Inc. All Rights Reserved. Itemfield and ContentMaster are trademarks of Itemfield Inc. All other product or company names may be trademarks or registered trademarks of their respective owners.

(C) 2005 Unicorn Solutions Inc. All rights reserved. Unicorn, the Unicorn logo, One Enterprise, and product and component names are trademarks or registered trademarks of Unicorn Solutions, Inc. Other trademarks belong to their respective owners. Patents pending. Product features subject to change.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 23, 2005
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