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FJA Releases Product Machine 4.0Latest Version Includes a New Interface, New Interactive Tools, and Many Other New Features (October 25, 2011)
NEW YORK, NY -- (Marketwire) -- 10/25/11 -- FJA, a provider of enterprise software and services to the insurance industry, has released version 4.0 of its Product Machine. The new version significantly increases the number of the system's capabilities and enhances much of the system's existing functionality.
"We continue to work with our customers to extend and improve the Product Machine," said Marc Dutton, President and Managing Director of FJA-US. "As the most powerful and flexible product development and configuration system on the market, it has the ability to transform entire enterprises into unified product platforms. Once companies work with the Product Machine and comprehend its ability to integrate with existing enterprise and ancillary systems -- unifying operational departments, third parties, and more -- they start to realize its potential. That's when silos come down, productivity and efficiency go up, and ideas start flowing."
The Product Machine now makes managing product Information easier than ever before by enhancing:
- Usability: Visual modeling capabilities automate routine tasks and guide users through change processes.
- Change Management: Parallel product releases are supported to ensure traceability and auditability. Collaboration among multiple users is supported to help roll out concurrent and competing product changes.
- Test Management: Test management is now fully integrated with the Product Modeling Workbench, so product changes can be tested right away, without going through lengthy generate and deploy cycles.
- Product Reports and Product Outputs: Aligning output elements with product components enables users to associate output documents with product elements. Complicated outputs such as proposals, policy wording, collateral materials, and applications can be managed more effectively.
FJA is a provider of software and services to the insurance industry. The company combines expertise in actuarial science, business, and technology to deliver applications for all lines of business. Its flagship offering -- the Product Machine -- allows all aspects and specifications of coverages, rates, benefits, products, rules, and calculations for all types of insurance and lines of business to be defined and stored as reusable components in a central repository. The repository integrates with all other systems, sources, software, and departments across the enterprise, turning the insurance company into a unified product platform. The Product Machine is deployed in 31 countries. To learn more, please visit http://fja-us.com, call 212-840-2618, or email email@example.com.
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