A Global View of SOA-based Policy Admin Systems

With a preference for service-oriented architectures (SOA), the U.S. market is the furthest ahead in deployments of SOA-based policy administration systems, but companies in other parts of the world are starting to catch up – and even leapfrog over traditional approaches.

Defined by its open communication standards, SOA promises to dramatically reduce integration and development costs in the long term, though there may be a short-term cost associated with the initial conversion.

Read full article at Information Management. Article also appeared in Digital Insurance. Article originally appeared in Insurance Networking News, which has since closed down.