Lloyd's sets Xchanging summer 2005 target
Lloyd's expects Xchanging to have completed key upgrades to its accounting and settlement systems by August 2005, making them XML message enabled, according to Mike Smith, head of business process reform.
Speaking at the Acord/Loma Forum in the US, Mr Smith said as the franchisor of the market, Lloyd’s has made contract certainty a central aim with all terms and conditions to be agreed up front.Xchang
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