NewswireToday - /newswire/ -
London, United Kingdom, 2008/05/15 - UK insurance messaging and connectivity specialist TriSystems have just scooped 4 key awards from ACORD (Association for Cooperative Operations Research and Development - the global insurance and reinsurance data standards-setting body).
TriSystems have just won four ACORD Awards for their Universal Messaging Gateway (UMG) at the ACORD LOMA Insurance Systems Forum in Las Vegas. TriSystems were the only UK messaging software or service supplier to win so many ACORD awards.
TriSystems won recognition for their groundbreaking London Market and international work from ACORD (Association for Cooperative Operations Research and Development - the global insurance and reinsurance data standards-setting body) in the following key areas:
1. Innovative Implementation Award;
2. Web Services Award;
3. Shared Service/Infrastructure Platform Middleware Award;
4. Industry Leadership for Straight Through Processing Award.
“ACORD’s recognition proves what the market knows already: TriSystems are the people to talk to when it comes to messaging and connectivity and our Universal Messaging Gateway is the leading ACORD messaging solution” says Jeff Ward, Director of TriSystems.
“In a highly competitive market we took more awards than any other supplier or service provider in the ACORD messaging arena and this is the clearest message to the market confirming TriSystems’ pole position,” Jeff Ward concludes.
Based in New York, ACORD (Association for Cooperative Operations Research and Development) is a global, nonprofit insurance association whose mission is to facilitate the development and use of standards for the insurance, reinsurance and related financial services industries. With offices in London as well, ACORD accomplishes its mission by remaining an objective, independent advocate for sharing information among diverse platforms. ACORD Standards and services improve efficiency and expand market reach. Affiliated with ACORD are hundreds of insurance and reinsurance companies, and thousands of agents and brokers, related financial services organizations, solution providers, and industry organizations worldwide.
TriSystems’ business and technical expertise in peer to peer communications in both insurance and reinsurance has allowed them to create the most comprehensive Acord specific London market gateway – the TriSystems’ Universal Messaging Gateway (UMG). Customers already include: Lloyd’s, ACORD, Brit and Zurich London. TriSystems are an international software specialist headquartered in London known for their long history of service and support in the London market.
TriSystems’ products and services help customers transact better business allowing them to communicate most effectively using ACORD/London Market specific XML messages. They bring to the market the technologies that allow disparate insurance systems, be they broking or underwriting, to trade electronically with each other – and the experience and expertise needed to implement and run them.
While previous attempts at providing an electronic trading platform across the London and international markets have failed, TriSystems’ tried and tested approach works – and is available now.