Case study shows up to 80% improved efficiency for A&S transactions, over 260 hours in total annual time savings, and 100% elimination of rekeying errors
ACORD Solutions Group has published a new case study showcasing how gpm Development, a UK-based software provider specializing in policy administration systems for London Market brokers, leveraged ADEPT (ACORD Data Exchange Platform & Translator) to streamline Accounting & Settlement (A&S) transactions and improve digital connectivity across the market.
The case study highlights how gpm integrated ADEPT with its ibs platform to support structured data exchange between broker systems, market infrastructure, and trading partners. By utilizing standardized digital messaging aligned with ACORD Global Reinsurance & Large Commercial (GRLC) Standards, gpm helped reduce operational friction, improve data quality, and create a scalable foundation for future automation initiatives.
gpm reported these key results:
- Improved efficiency for A&S transactions by up to 80%
- Saved clients an average of over 260 hours
- Eliminated 100% of rekeying errors
"At gpm, we're always looking for ways to reduce friction in broker workflows and improve the flow of information across the market," said Sharon Stanley, Managing Director of gpm. "ADEPT has helped us remove manual steps, improve data consistency, and support more efficient Accounting & Settlement processes for our clients. As the market continues to focus on efficiency and connectivity, standards-based messaging will become increasingly important."
The case study also explores how gpm plans to expand its use of ADEPT to support deeper integration across clients' policy administration and broking systems, enabling greater automation, improved analytics, and more connected workflows across the London Market.
Access the full case study at: acordsolutions.com/asg-gpm-case-study