Lincoln Financial Group (LFG, Philadelphia, $92 billion in assets) will use business process integration software from Metaserver, Inc. (New Haven, CT), to integrate LFG's Producer Management and Commission System (PMACS) to seven legacy systems that support agent licensing, contracts and appointments.
"We selected Metaserver over other providers because Metaserver actually delivered in a pilot what they said they could," says Dr. Jason Glazier, CTO, LFG. "Metaserver took a large list of transactions and, without writing any code, in about two weeks automated transactions involving PMACS. Essentially, Metaserver is a 'robot' in terms of typing information into the legacy systems, and it also can take information from the seven systems and put it onto a single screen," Glazier adds. "This is important so we can create consolidated statements.
"The cost of the implementation using Metaserver will be a fraction of the cost of traditional, invasive integration solutions," Glazier says. "Based on our initial positive experience, we are currently evaluating Metaserver for additional projects" for similar integration efforts throughout LFG.
Greg MacSweeney is editorial director of InformationWeek Financial Services, whose brands include Wall Street & Technology, Bank Systems & Technology, Advanced Trading, and Insurance & Technology. View Full Bio