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Whitehill Technologies identified as insurance deal trends leader by prominent analyst firm
MONCTON, NB, April 25 /PRNewswire/ - Whitehill Technologies, Inc. is
acknowledged as being a leader among insurance technology infrastructure
vendors in a deal trends report published late last week by analyst firm,
Celent Communications. Whitehill is a provider of leading document composition
and data transformation software solutions that enable insurance, legal and
financial companies to accelerate key business processes.
The data set for Celent's deal trends report consisted of 475 insurance-
specific software deals that took place between 2003 and 2004. Whitehill was
identified as being involved in 14% of data-related infrastructure deals in
this time period. The other leaders in the data integration category were IBM
and Universal Conversion Technologies (UCT), both respected players in the
insurance industry.
The study comes on the heels of another Celent report released last
month, "What's Wrong with Insurance IT Sales Practice, and How to Fix it",
wherein Whitehill was singled out by insurers for providing the "best sales
experience". Celent Communications is a leading research and advisory company
that publishes reports identifying trends and best practices in financial
services technology.
"We're pleased to be recognized by a well-respected firm like Celent as a
category leader in the insurance industry alongside established vendors like
our partner IBM," said Paul McSpurren, president and CEO, Whitehill
Technologies. "And the fact that our customers singled us out in a survey as
providing a superior sales experience is a testament to Whitehill's commitment
to solving real customer problems and emphasizes the pride we take in our
outstanding customer service record."
The deal trends study covered four meta-categories: Core Processing,
Distribution, Document/Content Management and Infrastructure. Within each meta-
category, deals were analyzed by specific business functions, carrier size,
and the date the deal closed.
About Whitehill Technologies Inc.
Whitehill Technologies, Inc. develops and implements document composition
and data transformation software that enables organizations to accelerate key
business processes. Whitehill has helped over 600 customers in 45 countries
unlock the value of their application and system output. Whitehill's software
automatically extracts any type of data, transforms it, renders it into any
format required, and then distributes to wherever it needs to be. Whitehill's
key products include Whitehill xml-Transport, Whitehill Enterprise and
Whitehill Transform Suite. Headquartered in Moncton, New Brunswick, Canada,
Whitehill has locations and partners in the United States, United Kingdom,
Italy and the Netherlands. Whitehill's technology partners include Computer
Associates, Thomson Elite, Hummingbird and Interwoven. Whitehill is funded by
Private Equity firms Latitude Partners and GrowthWorks Canadian Fund. Deloitte
Touche Tohmatsu has recognized Whitehill two years in a row in its Fast 50
ranking of technology companies. Please visit http://www.whitehill.com .
SOURCE WHITEHILL TECHNOLOGIES INC.
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