Gregory Maciag: IBM Contributes IAA Assets to ACORD

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Wednesday, 04 November 2009

IBM Contributes IAA Assets to ACORD

Today, IBM contributed its Insurance Application Architecture (IAA) Business Object/Data Model and the IAA Product Specification Diagram (PSD) to ACORD. This contribution will result in a single Information Model as part of the ACORD Framework for the insurance industry. This is a signficant contribution of IBM intellectual property assets. Now we are going to harmonize the contribution with our existing Model and publish Version 2 so we can begin mapping all ACORD Standards and Forms. Pictured with John Kellingtonn and me is Inder Gopal from IBM who made the announcement.)

Here is the IBM Press Release 11-04-2009

Posted on Wednesday, 04 November 2009 in Framework | Permalink

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My latest book presents the challenges members face when adopting industry standards as well as the opportunities that come as a result. It features my discussions with many people over many years and follows the foundation I set in my first book "The Business Information Revolution".

Industry standards are never adopted in a vacuum. They become part and parcel of all the trials and tribulations managers face in their day to day work. ACORD Standards are always part of a larger software development project that brings along people, priorities and politics. Adopting industry standards isn't simple, but the benefits far outweigh the problems of building and maintaining proprietary alternatives.

I trust that you will appreciate my frankness, identify with some of the challenges and learn from what others have done to pave the way.

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