NewLink partners with BusinessGenetics to offer the Vista™ insurance and wealth management models using their business modeling approach

5 February 2007

NewLink Group Inc., a management consulting firm servicing the financial services industry, has partnered with BusinessGenetics to incorporate the Vistaâ„¢ Insurance and Wealth Management best practice models in their revolutionary xBML business modeling approach.

xBML provides a comprehensive view of your business, one that depicts the precise, complex relationship between your operations, information, resources, and technology. It enables you to make informed and quantitative decisions. The approach has enabled organizations of all sizes, across many industries, to quickly and effectively solve some of the most complex business problems.

Backed by the unmatched depth and flexibility of Vista™ and by NewLink’s business knowledge, BusinessGenetics can offer solutions specific to the Insurance and Wealth Management industry.

The xBML approach is comprised of a language for describing business and a set of knowledge harvesting and business solution methods, supported by a suite of software solutions. Using Vistaâ„¢, you can encapsulate the entire operations of financial services organizations in a single, consistent, comprehensive model, including all the pertinent business facts and relationships. xBML provides everything you need to understand, manage, and improve your business.

Vistaâ„¢ contains comprehensive industry business knowledge and provides structured functional and data models to support various types of business and IT projects. Vistaâ„¢ allows organizations to rapidly start and complete projects. The bottom line is quality at lower costs.

The Vistaâ„¢ knowledge base is a result of more than 60 years of industry related expertise, 10 years of direct modeling efforts, and represents the best practice approaches found in 8 different countries.

. Vistaâ„¢ is comprised of the following models:
. Vista™ Service Oriented Architecture – Enterprise Business Model for insurance and wealth management Vista™ Business Requirements Reference Models
. Customer Relationship Management
. Policy/Contract Management
. Claims Management

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