NaviSys, Inc., announced a new version of its NaviSys EnterprisePlatform that supports the entire policy life cycle, enablesbusiness and IT transformation, and supports the service-orientedarchitecture approach.

Built to J2EE standards for openness and interoperability,NaviSys Enterprise Platform is composed of independent, reusableJava components. In this latest release, NaviSys has divided thesecomponents into 30 stand-alone components. In addition, it willpublish 1,000 APIs as standardized Web Services and support threenew ACORD standards, including new business submission. It alsowill introduce an Enterprise Service Bus (ESB) for standardizedcommunication.

"With our component architecture, NaviSys has supported thephilosophy behind SOA for years," says Tom Famularo, senior vicepresident of technology and development at NaviSys. "But by nowstrictly adhering to the standard, NaviSys can help life insurancecompanies implement their SOA strategies. Life insurers can adoptstraight-through processing using NaviSys' comprehensivenext-generation platform or work toward the ideal future stateusing NaviSys' best-of-breed components."