VERTEX Inc., a provider of professional services and software to the insurance and financial services industries, launched an XML Compare Utility Service, VTXcompare, licensed to business as a Web-based service.
VERTEX says businesses who exchange information electronically often use XML and the Internet, since it is less costly than building internal systems and data feeds to each of their external partners. The XML-based exchanges are subject to risk if the data changes in a manner not expected and, if left undetected, a change that is incorrect has the ability to negatively impact the business, reduce confidence between exchange partners, and increase technology costs, VERTEX says.
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