Open Text Corporation (TSX:OTC)(NASDAQ:OTEX) and InSystems Corporation said they will extend their eight-year partnership and will focus on delivering solutions that improve document processes and regulatory compliance for insurance and financial services companies. The extension of the partnership will mean enhanced integration of Open Text’s Livelink ECM Solutions with InSystems’ specialized document and compliance automation solutions for insurance and financial services companies. The solutions will address a range of compliance mandates, including regulations for managing information on insurance and financial services products, and requirements for financial reporting. Open Text and InSystems will target insurance and financial services companies in the U.S. and Canada. Through the partnership, InSystems’ Calligo and Tracker product lines have been fully integrated with Open Text’s Livelink ECM. Livelink ECM provides key services underlying InSystems solutions’ support for accelerating insurance product development and state regulatory filing processes. , http://www.opentext.com
Day: September 20, 2005
Prodiance Corporation announced Prodiance Search, a new productivity solution that helps business users find critical information through federated searches across disparate content sources. Prodiance Search can search peer PCs, network shared drives, content and document management repositories, and other enterprise applications. Although it installs on a user’s desktop, it leverages a federated search broker that issues search queries to local indexes running on other PCs. Prodiance Search will ship to customers in both stand-alone (e.g. single-user desktop) and federated (e.g. enterprise) configurations in late October 2005. A 30-day free evaluation version of the stand-alone configuration can be downloaded immediately. The cost for a single user license will be $49.95, and a single federated server license will be $2,500. http://www.prodiance.com
