NexJ honored at first ever insurance industry interoperability testing event
Toronto, May 26, 2011 — NexJ Systems Inc. (TSX: NXJ), a leading provider of enterprise private cloud software, delivering customer relationship management (CRM) solutions to the financial services, insurance and healthcare industries, today announced that NexJ Contact for Insurance has been recognized at ACORD LOMA for its adoption and certification of an implementation of the ACORD Web Services Profile.
NexJ achieved the recognition at the ACORD LOMA Plug and Play (PnP) Tooling Jamboree, the first open forum and testing center created to prove interoperability of business transactions and technical compatibility in the history of the industry.
“To deliver an integrated agent desktop, a solution must seamlessly access transactional information at source and interoperate,” said Paul DeVriendt, Senior Vice President, Products. “NexJ’s model driven engineering allows organizations to connect multiple disparate systems and data and deliver a comprehensive customer view to agent workstations, self-service portals, and mobile devices.”
To successfully validate Plug and Play at the ACORD Plug and Play Tooling Jamboree, NexJ had to prove its SOA messages are compliant with ACORD Plug and Play standards, which include security, technical and business messaging requirements; complete two complex Web Services for customer modifications; connect to a third party Enterprise Service Bus; gain third party validation of ACORD messages; and enable interoperation over the Internet between two life insurance carriers, Mass Mutual and AXA-Equitable and five application vendors: Hyland Software, Informatica, Oracle, PilotFish Technology and PlanetSoft.
“For the first time in history, multiple carriers and vendors, including NexJ Systems, were able to connect systems, within hours, using the ACORD Plug and Play Standards,” said Ki Nam Kim, Chair, ACORD Plug and Play Consortium. “The demonstration and commitments from participating companies to deliver ACORD-compliant, SOA Services, is a differentiating capability that would allow insurance carriers to achieve lower integration costs, faster time-to-value, and truly plug and play with home grown systems and vendor solutions.”
About NexJ Systems Inc.
NexJ is a leading provider of enterprise private cloud software, delivering customer relationship management (CRM) solutions for financial services, insurance, and healthcare. Our next-generation, people-centered software combines industry-specific functionality with information from multiple applications and data stores to provide comprehensive knowledge of the individual.NexJ was founded by an executive management team with extensive experience in the successful design and delivery of large-scale, integrated, enterprise software solutions. For more information about NexJ Systems call 416-222-5611, e-mail info@nexj.com, or visit www.nexj.com.
About ACORD
ACORD (Association for Cooperative Operations Research and Development) is a global, nonprofit standards development organization serving the insurance industry and related financial services industries. ACORD’s mission is to facilitate the development of open consensus data standards and standard forms. ACORD members include hundreds of insurance and reinsurance companies, agents and brokers, software providers, and industry associations worldwide. ACORD works with these organizations towards a goal of improved data communication across diverse platforms through implementation of standards. ACORD maintains offices in New York and London. For more information about ACORD please visit www.acord.org.
NexJ Forward-looking Statement
Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws. These statements are based on NexJ’s current expectations, estimates, forecasts and projections about the operating environment, economies and markets in which the company operates. These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. NexJ’s assumptions, although considered reasonable by the company at the date of this press release, may prove to be inaccurate and consequently its actual results could differ materially from the expectations set out herein. For additional information with respect to risks and other factors which could occur, see NexJ’s securities filings with the OSC and other securities regulators. NexJ securities filings are available on www.sedar.com. Unless otherwise required by applicable securities laws, NexJ disclaims any intention or obligations to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.