[October 31, 2014]

VERTEX, Inc. Honored with Multiple Awards at 2014 ACORD Implementation Forum

VERTEX Incorporated, a strategic management consulting firm based in New Britain, Connecticut has been honored by the Association for Cooperative Operations Research and Development (ACORD) for their Leadership and award-winning VTXml Product Suite, which creates ACORD transactions for the insurance industry. This is the 10th year in a row in which VERTEX has been presented with an award exemplifying their dedication to and knowledge of the ACORD standards. The Leadership awards are the result of co-chairin three ACORD working groups, actively participating in ACORD and DTCC working groups and helping develop the standards to meet the needs of their clients and the industry.

The Action awards are a direct result of our VTXml Product Suite. VTXml is the most widely used tool in the industry for the creation and publication of insurance product definitions using established industry standards like ACORD's PPfA and PPfL data models.

Using ACORD XML messaging standards offers many clear advantages for insurance companies. Getting product information into the latest version of ACORD is often challenging. VTXml offers an intuitive, secure, business-centric solution that allows users to create product definitions once and then create valid ACORD XML transactions in any version desired with the simple click of a button. The powerful XML generator built into the software ensures data integrity between versions and saves a tremendous amount of time and effort.

"VERTEX has consistently been an innovator in the insurance data standards arena," said Rick Heil, ACORD Director of Life Implementation. "These awards recognize VERTEX's significant contributions to the creation and implementation of ACORD's new transaction specifications, and we congratulate them on a well-deserved honor."

Contact VERTEX Incorporated for more information or to schedule a VTXml demo contact [email protected].

About VERTEX, Inc.

VERTEX, Inc. is a 23-year veteran professional services firm specializing in insurance business transformation using ACORD standards. VERTEX leverages subject matter experts and industry partnerships to improve our client's processing efficiencies and reduce the cost of selling insurance. We align insurance product diversity with operational and technology capabilities to satisfy aggressive sales strategies within our clients captive and external distribution channels.

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