Vordel and Financial Services
Streamline and secure communications between insurance agents, insurers, and banks
SOA is enjoying widespread adoption by the insurance industry as insurers leverage the XML standards-based approach of initiatives such as ACORD to smooth and streamline the delivery of products and services across their many IT systems and channel intermediaries. Vordel is widely deployed within the insurance industry to enable insurers adopt a SOA approach to their IT operations, confident in the knowledge that they are compliant with rules in this highly regulated industry security nor are they compromising on security.
Sample Vordel Customers
Why Choose Vordel?
- Re-use existing security infrastructure obtaining return on assets
avoid the cost and extra management complexity of new "silos" of users and policies.
- Reduced costs and faster time to market to existing and new markets
Vordel provides flexibility to update security policies centrally; implement upgrades without hard coding and without firmware upgrades, and can easily scale the application of security to new partners and customers as and when required.
- Comply with Financial Services regulatory guidelines for auditing and non-repudiation
the use of strong authentication and authorization, as well as maintenance of an audit trail of all transactions, satisfies regulatory requirements.
- Reduce software development costs
With Vordel, insurers put control of XML onto the network, into the hands of operations staff, rather than developers. This means that the need to maintain and support custom developed code is no longer an administration headache.