Hartford Consulting Group
Hartford Consulting Group provides an array of services from overall Enterprise Architecture Consulting to specific consulting support of products that improve enterprise architecture management.
ACORD Alfabet Accelerator
ACORD Alfabet Accelerator for Insurance
Accelerate your ACORD initiative
Today’s insurance industry faces the challenge of having to increase profitability while meeting increased demands from regulators and the modern customer. To meet those demands, carriers and insurance partners are increasingly turning to technology—and also to each other—by agreeing to adopt common industry- wide standards such as those set out by ACORD, the organization that maintains the most successful insurance B2B messaging and forms standards worldwide. For these reasons, ACORD adoption has become a strategic initiative for many companies in the insurance industry.
Features and Benefits
|Build an agile framework that supports business strategy||The ACORD-Alfabet Accelerator facilitates the management of the ACORD reference architecture framework and helps insurance organizations implement agility into a framework that supports business strategy and planning. By enabling data quality and consistency that is flexible enough to cross lines of business and geographic borders, ACORD industry standards are being adopted so that trading partners can exchange information, enable consistent transactions and processes, and eventually provide a 360-degree view of people, organizations and risks.|
|Enable optimization and transformation of the enterprise||
The solution is designed to support your initiatives in business transformation, optimization, evaluation and analysis with a focus on ACORD adoption in a manner that allows you to extend the reference architecture to meet your capabilities and other custom needs.
Enterprise architecture management; Integrated IT portfolio management; Program portfolio management; Demand management; Strategy management; Value management; Governance, risk and compliance.
|Reduce costs and implementation time||With industry-leading technology, industry experience and a methodology based on success, the ACORD-Alfabet Accelerator reduces the implementation effort, maintenance time, manpower, adoption time and costs while maximizing ROI and accelerating time-to-market and product development for your business.|
|Enterprise optimization and transformation||Extend reference architecture to meet your capabilities and other custom needs; Map the ACORD reference architecture to your assets; Update and create workflows for ACORD reference architecture, quality management, other process and governance requirements; Reporting dashboards, heat maps, graphical visualization and road mapping; Makes available a cloud instance with the ACORD reference architecture, assets, profiles and reports for immediate use.|
Automated process for depicting ACORD reference architecture (framework); Creates values by enabling fast viewpoints for business innovation, cost optimization and risk reduction; Natural alignment between the ACORD model and the Software AG Alfabet meta model; Insurance industry and ACORD implementation expertise; End-to-end, enterprise level solution beginning with the discovery process, capability and process review, portfolio assessments and driving technology solutions through architectural designs, deployment strategies and implementation; Backed by Software AG Alfabet technology: placed in the Leaders Quadrant of the Gartner Magic Quadrant for Integrated IT Portfolio Analysis Applications.
|Phone||+1 860 836-5525|