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ACORD Chooses Progress Software to Support New Standards Framework
ACORD (Pearl River, N.Y.) has selected Progress Software Corporation's (Bedford, Mass.) DataXtend Semantic Integrator (SI) as its mapping and schema generation development environment for the ACORD Standards Framework.
The ACORD Standards Framework (including its Information Model) forms the foundation of an ACORD Enterprise Architecture. This will be used to generate future versions of ACORD standards from a common model across all lines of insurance. Insurance carriers will benefit from the consistency and robustness of a broader and common set of ACORD deliverables. The Information Model will allow ACORD to harmonize information across all disparate insurance domains with a single conceptual model that spans lines of business, geography and product offers and enable its own standards-based enterprise architecture.
ACORD will be able to quickly define and publish unambiguous maps between the new ACORD Information Model and its existing Property/Casualty/Surety, Life/Health/Annuities, and Reinsurance/Large Commercial XML standards using the common-model-based approach of DataXtend SI while integrating complex metadata. Additionally, this will enable ACORD members to take advantage of their existing investment in ACORD standards while embracing the new Standards Framework.
Peggy Bresnick Kendler has been a writer for 30 years. She has worked as an editor, publicist and school district technology coordinator. During the past decade, Bresnick Kendler has worked for UBM TechWeb on special financialservices technology-centered ... View Full Bio