Insurance firm selects Whitehill xml-Transport for data transformation and distribution
MONCTON, NB, Canada � June 28, 2005 � Whitehill Technologies Inc., a leading provider of document composition and data transformation software, today announced that Assumption Life, a mutual life insurance company, is using Whitehill xml-Transport for legacy extension, data transformation and distribution.
Assumption Life recently decided to upgrade its back office systems, a transition that would require moving all data from a mainframe to a client server environment. Because Assumption Life was dealing with multiple entry and exit points in its data transformation requirements, Whitehill xml-Transport was evaluated as the best available solution on the market.
Whitehill xml-Transport is a software solution designed for the conversion, enhancement and distribution of data. The Whitehill xml-Transport process converts structured and unstructured data to XML. The generated XML can automatically be rendered to various output formats, such as PDF, TIFF, PostScript, HTML, RTF, and then intelligently routed across multiple distribution channels.
“Assumption Life is very pleased with the results we’ve seen implementing Whitehill software to aid us in making the shift from our legacy system,” said Derrick Smith, Director of Information Technology, Assumption Life. “It is a huge weight off the IT department’s shoulders to know that as we move forward in the transition, we will be able to use Whitehill xml-Transport across a lot of our systems.
“We don’t have to even think about what the reporting mechanisms of legacy systems are, because the transformation functionality is handled so capably by Whitehill xml-Transport,” Smith said.
Assumption Life’s first implementation of Whitehill xml-Transport was to enable creation of multiple check output formats with multiple distribution channels from a variety of Line-Of-Business systems. This was part of their Centralized Disbursement System developed in-house with .NET Technologies.
Since then, Assumption Life has incorporated Whitehill xml-Transport into their Financial Services Trade Ticket Reconciliation System also developed in .NET. Assumption Life’s new Group Insurance Administration & Claims System also encompasses Whitehill xml-Transport for several of the automated report/document requirements. Efforts are currently
underway to convert legacy system output formats to Whitehill xml-Transport from their Individual Insurance Systems.
Assumption Life is and will continue to maximize its usage of the Whitehill xml-Transport technologies in all of their current and future projects.
“It gives us flexibility, process enhancement and standardization that is giving us a technology edge for the future,” said Smith.
“Providing solutions to the insurance industry has been a big component of Whitehill’s growth as a company,” said Paul McSpurren, president and CEO, Whitehill Technologies Inc. “The addition of Assumption Life to our growing list of customers in the insurance sector is a testament to our experience and expertise in this space, and positions Whitehill as a leading software vendor in the market.”
About Assumption Life
Founded in 1903, Assumption Life is a mutual life insurance company offering a full range of products, including life insurance, group insurance, financial services and mortgage loans throughout all four Atlantic Provinces, Quebec, Ontario, Alberta and British Columbia. Through its team of highly qualified representatives and selected partners, the company offers its clients a comprehensive range of products required for sound financial planning. The goal of Assumption Life is to assist clients in planning for the future, realizing their dreams, and achieving well-deserved peace of mind. With its broad array of individual and group life insurance products, Assumption Life is the preferred partner of clients seeking to maximize control over their future. The company’s head office is in Moncton, New Brunswick. For more information, visit www.assumption.ca.
About Whitehill Technologies
Whitehill Technologies, Inc. develops and implements document composition and data transformation software that enables organizations to accelerate key business processes. Whitehill has helped over 600 customers in 45 countries unlock the value of their application and system output. Whitehill’s software automatically extracts any type of data, transforms it, renders it into any format required, and then distributes to wherever it needs to be. Whitehill’s key products include Whitehill xml-Transport, Whitehill Enterprise, Whitehill BPI and Whitehill Transform Suite. Whitehill is a privately held company with 90 employees. Headquartered in Moncton, New Brunswick, Canada, Whitehill has locations and partners in the United States, United Kingdom, Italy and the Netherlands. Whitehill’s technology partners include Computer Associates, Thomson Elite, IBM and Interwoven. Whitehill is funded by private equity firms Latitude Partners and GrowthWorks Canadian Fund. Deloitte Touche Tohmatsu has recognized Whitehill two years in a row in its Fast 50 ranking of technology companies. For more information, visit www.whitehilltech.com.