Straight Through Processing

VERTEX is an active and participating member of NAVA, ACORD, DTCC and the ACORD Annuity Working Group. In addition to volunteering time on various Annuity Working Group initiatives, VERTEX has completed extensive development and implementation work utilizing the Product Profile for Annuities (PPfA) XML Standard, New Business for Annuities (NBfA) and XML for Life.

The VERTEX staff is considered an integral part of these groups as they continually develop standards for the data models.

VERTEX is the only services provider with extensive experience with both of the major market online order entry e-Commerce vendor platforms: EBixExchange (Finetre/AnnuityNet) and Blue Frog.

To assist clients in their e-Commerce objectives, VERTEX developed VTXml Annuity Product Adapter. VTXml enables the clients to easily build and maintain all aspects of annuity products and produce ACORD compliant Product Profile for Annuities (PPfA) XML using user-friendly, business-oriented WEB pages. See more detailed information of VTXml Annuity Product Adapter under Products.

VERTEX is positioned to support a full range of comprehensive services that help their carriers fully integrate their back-office systems and business operations with eCommerce service.

  • Management consulting, project and operational management
  • eB2B, eB2C integration
  • Product analysis and definition (PPfA, NBfA, XML for life, etc.)
  • Forms PDF mapping and forms XML
  • Integration and interface development (NSCC/DTCC, etc.)
  • Test planning
  • Implementation and training

VERTEX has received repeated ACORD certification and awards for its VTXml product offering.

For more information on the VTXml product or our e-Commerce services please contact: suzanne.brazeal@vertexincorporated.com

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