Top Honor for Financial Solutions Goes to PTE Financial Systems

CEDAR RAPIDS, Iowa, May 11, 2011 /PRNewswire/ -- There's no better sign of success than consistent praise from people who know. For the second consecutive year, StoneRiver financial software won the first place Rave award from Tech Decisions and Novarica.

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Rave awards are based on actual user ratings, and they measure performance in the categories of staff, organization, functionality and technology. No other financial software has scored higher than PTE Financial since the scoring model was developed by Novarica. The awards were created to recognize exemplary value in insurance technology solutions. User ratings are anonymous, but verified by Novarica.

"StoneRiver's PTE Financial has consistently scored well in the Novarica ACE Rankings based on their customers' feedback, and we congratulate them on this continued strong performance," said Matthew Josefowicz, partner and managing director at Novarica, who oversees the Novarica ACE Ranking program.

"When your goal is partnership excellence, nothing is more important than listening to clients," said Dori Luke, StoneRiver senior vice president of financial and compliance solutions. "We translate their needs into system enhancements and tools that improve their efficiency and results. For example, our most recent updates support executive dashboards with graphical reporting. This allows our clients to put charts, tables, pivots, key performance indicators, and other critical data in the viewer's line of vision."

PTE Financial solutions are used by hundreds of US and Canadian insurance companies, and this is the fourth consecutive year they have been recognized for superior customer satisfaction as measured by objective client surveys.

About StoneRiver, Inc.

StoneRiver provides specialized financial and compliance systems to North American corporations, with particular concentration around the insurance and financial industries. With the industry's widest range of technology solutions and services to insurance carriers, encompassing front-office, policy, claim, underwriting, billing, reinsurance, financial and compliance solutions for all major business lines, hundreds of insurance carriers rely on StoneRiver solutions to help them streamline their complex business processes. Visit stoneriver.com for more information.

SOURCE StoneRiver, Inc.

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