Welcome!

News Feed Item

MFX partners with DrivenBI and Return on Efficiency to launch self-service content analytics and dashboards to their customers on their Integrated Insurance Platform

MFX today announced it is partnering with DrivenBI and Return on Efficiency, empowering their customers to uncover deeper analytics and operational insights in entirely new ways. MFX is offering a one-stop shop for its customers by unifying, analyzing and presenting data analytics from multiple functional areas of P&C insurance operations in shareable and actionable report snapshots and a real-time intuitive dashboard experience. The self-service analytics platform is thoroughly incorporated within MFX’s proven Integrated Insurance Platform (IIP) allowing end-users to “socialize” their actionable data analytics, acting immediately on their results to send alerts and notifications, delegate tasks, and share commentary. MFX will turn its depth and breadth of transactional information into operational, living reporting and insights, as defined, and created, by their end users themselves.

“MFX is very pleased to be working with DrivenBI and Return on Efficiency to bring a new level of business intelligence and reporting capability to our clients,” said Raymond A. Roy, Chairman and CEO of MFX. “Being able to access, manipulate and report on available data is crucial to today’s insurance carriers, particularly when data is transformed into usable information that can help our clients better manage their businesses. DrivenBI and Return on Efficiency understand that need. Their reporting and analytics tools, in conjunction with our end-to-end IIP, will truly enable our insurance clients to access this information more quickly and provide to them a superior level of service, allowing them to better understand and grow their business in new ways.”

“We are excited to partner with MFX and Return on Efficiency and to incorporate the next generation of self-service analysis engine, SRK, into MFX’s IIP platform because we believe that SRK’s user-driven data analytics raises the bar on how MFX customers will achieve the best insights into their operations, simply, elegantly and in a fraction of the time of other solutions. Our goal is to make data analytics work for business users, not the other way around,” said Ben Tai, CEO and founder of DrivenBI.

“By allowing its end-users flexible access to the wealth of information available in their IIP solution, MFX will quickly have a significant competitive advantage and provide additional value to their customers”, said Richard Eichen, Managing Principal of Return on Efficiency, LLC. He then added, “We leverage our Insurance operations and technology knowledge with SRK’s rapid implementation capability to build and launch user-driven data analytics and dashboards at our clients in significantly less time and cost as compared to other solutions.

About MFX

Helping you meet your goals and needs is our culture and focus. Founded in 2001 and a wholly owned subsidiary of Fairfax Financial Holdings LTD, MFX combines the deep industry and technology experience of its employees with our culture of agility and business model flexibility to service all of our valued clients.

MFX has two fundamental businesses:

  • MFX is a seasoned provider of customized datacenter and infrastructure services including private cloud offerings, across all industries.
  • MFX provides end-to-end commercial property and casualty insurance application and BPO solutions to the P&C industry.

Headquartered in Morristown, NJ, with additional locations in Toronto, ON, Dallas, TX, Ireland and India, MFX has two world-class datacenters in Ridgefield Park, NJ and Roanoke, VA. A third datacenter, also in Toronto, is focused on MFX cloud offerings.

About DrivenBI

DrivenBI provides innovative self-service analytics products designed to unify, analyze and report data aggregated from multiple sources through its cloud-based analytics platform. Its products deliver data insights to organizations worldwide with speed and simplicity. DrivenBI analytics products offer ease of use, consistency of results and facilitation of cross-department collaboration by business users, reducing the reliance on IT. This allows users to complement their spreadsheets and complex IT centric BI tools with immediate answers and actions in a fraction of the time. DrivenBI’s self-service analytics products provide real time and actionable sharing of data analytics as a service 24/7, allowing customers to respond quickly to changes in their business, the markets, and their competition. These products also enable users to connect and collaborate with their operations, customers, sales channels, vendors and suppliers. For more information, visit http://www.drivenbi.com.

About Return on Efficiency

Return on Efficiency, LLC (RoE) is a boutique consultancy focusing on those companies and initiatives where technology is a key source of revenue and the end to end customer experience. Return on Efficiency, LLC performs Project Management, Project Rescue, Vendor Turnaround, Technology Strategy and Systems Integration, Process Optimization, and New Digital Product Development services. Return on Efficiency, LLC uses SRK as part of its data driven Cost Workout and Operational Improvements practice, as well as implementing SRK based Dashboards and reports at its clients for their internal use. As such, Return on Efficiency is a leader in the emerging ‘asset based consulting’ arena, where issues are identified through BI based analysis, and then monitored once a process is improved. For more information, visit http://www.growroe.com, and http://www.growroe.wordpress.com.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Kubernetes, Docker and containers are changing the world, and how companies are deploying their software and running their infrastructure. With the shift in how applications are built and deployed, new challenges must be solved. In his session at @DevOpsSummit at19th Cloud Expo, Sebastian Scheele, co-founder of Loodse, will discuss the implications of containerized applications/infrastructures and their impact on the enterprise. In a real world example based on Kubernetes, he will show how to ...
Personalization has long been the holy grail of marketing. Simply stated, communicate the most relevant offer to the right person and you will increase sales. To achieve this, you must understand the individual. Consequently, digital marketers developed many ways to gather and leverage customer information to deliver targeted experiences. In his session at @ThingsExpo, Lou Casal, Founder and Principal Consultant at Practicala, discussed how the Internet of Things (IoT) has accelerated our abil...
With so much going on in this space you could be forgiven for thinking you were always working with yesterday’s technologies. So much change, so quickly. What do you do if you have to build a solution from the ground up that is expected to live in the field for at least 5-10 years? This is the challenge we faced when we looked to refresh our existing 10-year-old custom hardware stack to measure the fullness of trash cans and compactors.
Extreme Computing is the ability to leverage highly performant infrastructure and software to accelerate Big Data, machine learning, HPC, and Enterprise applications. High IOPS Storage, low-latency networks, in-memory databases, GPUs and other parallel accelerators are being used to achieve faster results and help businesses make better decisions. In his session at 18th Cloud Expo, Michael O'Neill, Strategic Business Development at NVIDIA, focused on some of the unique ways extreme computing is...
The emerging Internet of Everything creates tremendous new opportunities for customer engagement and business model innovation. However, enterprises must overcome a number of critical challenges to bring these new solutions to market. In his session at @ThingsExpo, Michael Martin, CTO/CIO at nfrastructure, outlined these key challenges and recommended approaches for overcoming them to achieve speed and agility in the design, development and implementation of Internet of Everything solutions wi...
DevOps at Cloud Expo, taking place Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long dev...
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
I wanted to gather all of my Internet of Things (IOT) blogs into a single blog (that I could later use with my University of San Francisco (USF) Big Data “MBA” course). However as I started to pull these blogs together, I realized that my IOT discussion lacked a vision; it lacked an end point towards which an organization could drive their IOT envisioning, proof of value, app dev, data engineering and data science efforts. And I think that the IOT end point is really quite simple…
Aspose.Total for .NET is the most complete package of all file format APIs for .NET as offered by Aspose. It empowers developers to create, edit, render, print and convert between a wide range of popular document formats within any .NET, C#, ASP.NET and VB.NET applications. Aspose compiles all .NET APIs on a daily basis to ensure that it contains the most up to date versions of each of Aspose .NET APIs. If a new .NET API or a new version of existing APIs is released during the subscription peri...
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
Identity is in everything and customers are looking to their providers to ensure the security of their identities, transactions and data. With the increased reliance on cloud-based services, service providers must build security and trust into their offerings, adding value to customers and improving the user experience. Making identity, security and privacy easy for customers provides a unique advantage over the competition.
Qosmos has announced new milestones in the detection of encrypted traffic and in protocol signature coverage. Qosmos latest software can accurately classify traffic encrypted with SSL/TLS (e.g., Google, Facebook, WhatsApp), P2P traffic (e.g., BitTorrent, MuTorrent, Vuze), and Skype, while preserving the privacy of communication content. These new classification techniques mean that traffic optimization, policy enforcement, and user experience are largely unaffected by encryption. In respect wit...
Using new techniques of information modeling, indexing, and processing, new cloud-based systems can support cloud-based workloads previously not possible for high-throughput insurance, banking, and case-based applications. In his session at 18th Cloud Expo, John Newton, CTO, Founder and Chairman of Alfresco, described how to scale cloud-based content management repositories to store, manage, and retrieve billions of documents and related information with fast and linear scalability. He addres...
Is the ongoing quest for agility in the data center forcing you to evaluate how to be a part of infrastructure automation efforts? As organizations evolve toward bimodal IT operations, they are embracing new service delivery models and leveraging virtualization to increase infrastructure agility. Therefore, the network must evolve in parallel to become equally agile. Read this essential piece of Gartner research for recommendations on achieving greater agility.
SYS-CON Events announced today that Hitrons Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Hitrons Solutions Inc. is distributor in the North American market for unique products and services of small and medium-size businesses, including cloud services and solutions, SEO marketing platforms, and mobile applications.