Naperville, Ill – January 20, 2015 – Infogix, Inc., a software solutions company offering an Enterprise Data Analysis Platform to ensure end-to-end core system data integrity for property and casualty insurance companies, announces a new partnership with Cynosure, a Jacksonville, Florida-based consulting firm focused on helping insurers plan, implement and manage successful legacy transformation efforts with policy, billing and claims platforms.
Through this partnership, Cynosure will jointly develop with Infogix a suite of policy, billing, and claims data analysis business rules, called accelerators, to non-intrusively integrate and ensure data integrity between the 30+ systems that interface with a core system.
Insurers require a comprehensive approach to confirm that 100% of the data flowing into and out of core systems is monitored with end-to-end data quality, ensuring the trustworthiness of their data. The complexity of numerous data feeds coming from third parties and a host of other internal systems in and out of complex core systems requires an enterprise approach to monitor data quality with real-time dashboard visibility. This level of monitoring is of strategic importance to supporting both data governance and regulatory compliance initiatives.
The strategic partnership between both companies will join together the Infogix Enterprise Data Analysis Platform capabilities with Cynosure’s deep knowledge of core policy, billing and claims systems processes to create accelerators to seamlessly integrate into these core systems. These accelerators will provide data capture and analysis, as well as real-time balancing and reconciliation and transaction monitoring of tens of thousands of transactions to also track the data lineage, end-to-end. In addition, Infogix will integrate control methodology during core system migration, supported by Cynosure. This not only ensures controls are available at go-live, but also expedites integration development, driving operational efficiency to reduce the cost to migrate core system implementation from test development into production.
In addition, as partners, Cynosure and Infogix will resell each other’s products and services.
“Cynosure is well respected in the marketplace as a best in class systems integrator, providing core system modernization to property and casualty companies across policy, billing and claims systems. True experts, the team has unrivaled experience in this arena and a remarkable understanding of how data maps across these core systems. I can’t think of a stronger partnership for Infogix,” said Paul Skordilis, executive vice president of sales and marketing at Infogix.
“Infogix offers industry-leading solutions for our customers, and significantly increases the flexibility and breath of various policy, billing and claims systems,” said Sid Wadhwa, CEO of Cynosure. “This partnership enables two market-leading organizations to create a compelling offer that provides excellent value, better serves our customer needs and address areas that positively impact their business.”
The Infogix Enterprise Data Analysis Platform improves data quality, ensures effective transaction monitoring, provides balancing and reconciliation, identifies and predicts fraud and customer behavior. Infogix provides end-to-end, real time and automated data analysis across enterprises. The company’s software solutions help insurance organizations automate real time data analysis by applying business rules and advanced algorithms in complex business environments resulting in actionable intelligence and enabling them to make informed business decisions. The solution can be deployed on premises or on the cloud, providing insurance organizations the security, performance and scalability needed with modern system conversion.
To learn more about Infogix visit http://www.infogix.com.
About Infogix, Inc.
Infogix helps solve business challenges by analyzing data as it moves through complex business environments to improve the customer experience, corporate profitability and operational efficiency. The Infogix Enterprise Data Analysis Platform improves data quality, ensures effective transaction monitoring, provides balancing and reconciliation, identifies and predicts fraud and customer behavior. Infogix provides best-in-class solutions that seamlessly integrate into operations and allow clients to manage highly complex, data intensive business environments. By analyzing, processing and monitoring 100 percent of data in real-time or in batch, Infogix is able to provide proactive and actionable intelligence to manage operational workflows and steps. To learn more visit www.infogix.com or @Infogix.
Based in Jacksonville, Florida, Cynosure is a team of Guidewire InsuranceSuite® experts focused on simplifying core system transformation for insurers. Cynosure was founded with the objective of helping Guidewire Software® customers lower their total cost of ownership. Leveraging its deep understanding of Guidewire products, Cynosure delivers speed and efficiency to its clients’ business operations. For more information about Cynosure, visit CynosureInc.com or call (630) 481-7739.