Business Configurator
One of the key factors that differentiates Ultima from its competitors is the Business Configurator component. This provides an unrivalled capability to manage the functionality of Ultima ensuring it delivers against the ever-changing needs of your business. Business Configurator provides organisations with the freedom to launch new products and develop their business into new markets with the confidence that their IT solution will fully support this. The diversity of existing Ultima implementations illustrates how both standard and non-standard business lines are accommodated, allowing insurers the freedom and flexibility to combine both mass market and niche offerings from a single technology solution, thus realising the combined value and control that Ultima delivers.
Ultima's Business Configurator can be used to add new, or amend existing, risk business processes (i.e. policy, claim, quote and client transactions). From the configuration of new lines of business to the positioning of fields on screens, the Business Configuration controls how the application runs on site. All Business Configurator changes are data driven - hence no software changes are required. The business configuration changes are captured as projects in a "configuration" environment and then promoted en masse to testing, training and production environments. Promotions can be made in advance of the requirement and will automatically 'switch on' at the appropriate date. Promotions to new environments do not require the environment to be brought down or its use suspended.
As a result of its functionality and flexibility, Business Configurator almost negates the need for any traditional development activity to implement deep and complex changes whilst guaranteeing the integrity of the core system. The result: a huge reduction in the cost of ownership.
