NEW BRITAIN, Conn., Nov. 3, 2011 /PRNewswire/ -- VERTEX, Incorporated (www.vertexincorporated.com), a respected services and software solution provider to the financial service industry, proudly announced today that ACORD presented them with the "2011 Life and Annuity Most Actively Involved With ACORD" award while attending ACORD's Implementation Forum in Ft. Lauderdale, FL.
ACORD (Association for Cooperative Operations Research and Development) is a global, nonprofit insurance association serving the insurance industry and related financial services industries. Since 1997, ACORD recognizes their members by issuing awards to those who show commitment and dedication to the standards. Newly added to the ACORD program, is the ability for ACORD members to certify their level of standards knowledge by passing a series of exams and receiving the designation of ACORD Certified Experts (ACE).
VERTEX, Incorporated currently has many ACORD Certified Experts on staff and was selected as a recipient of the award because the company excelled in their level of participation and dedication to maturing the ACORD standards. This is VERTEX's eighth consecutive year receiving awards from ACORD. They continue to demonstrate the company's commitment to ACORD by implementing the standards and certifying systematically generated ACORD compliant transactions using the company's VTXml XML Generator tool. VERTEX also Co-Chairs various ACORD working groups that facilitate the development of these standards.
"Our company recognizes the benefits our clients receive by bringing data standardization to insurance processing," said Suzanne Brazeal, Vice President, VERTEX, Incorporated. "We are an industry leader in the business and development of ACORD transactions and we will continue to be an advocate for ACORD."
"On behalf of ACORD, I want to congratulate VERTEX on receiving the 2011 Life and Annuity Most Actively Involved With ACORD Award. We thank VERTEX for its ongoing commitment to ACORD, to Standards Development, and to implementation of ACORD standards," said Lloyd Chumbley, Vice President, Standards, ACORD.
About VERTEX, Incorporated
Located in New Britain, CT, VERTEX has been providing business and technical solutions to the financial services industry since 1991. VERTEX services include Business and IT Consulting, Migrations, Conversions, Integrations, Business Automation and B2B Consulting. VERTEX focuses on the life insurance and annuity segments and has gained a global reputation for expertise in these specialties. VERTEX, Inc. is recognized by our growing list of prestigious clients as a respected industry leader. www.vertexincorporated.com
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.
SOURCE VERTEX, Incorporated