10 December - Aia Software, announced the results of a recent study commissioned by Aia Software and conducted by Forrester Consulting on its behalf. Completed in November 2009, the Total Economic Impact (TEI) study of insurance and financial services organizations in Europe found that companies looking to implement Aia Software’s ITP Document Platform can see large productivity benefits and cost savings with a risk adjusted return on investment (ROI) of 277 percent and a payback period of just nine months.

Forrester Consulting conducted independent in-depth interviews with five Aia Software customers and constructed a case study depicting a composite of the insurance customers that have deployed the ITP Platform.

The study indicated that by removing IT as the “broker of document construction” while maintaining IT’s role as the controller of document systems and infrastructure, organizations can gain speed, agility and customer intimacy, while making gains toward ensuring regulatory and internal compliance.

The risk-adjusted ROI of 277 percent for the composite company, along with a rapid payback (breakeven point), raises confidence that the investment is likely to succeed, especially after the risks and uncertainty that may threaten the project have been considered and quantified.

A copy of the study by Forrester Consulting, “The Total Economic Impact of ITP Document Platform” may be downloaded from http://www.aia-itp.com/en/news/analyst-information/request-form-tei.html.

The entire Press Release may be viewed at: http://www.aia-itp.com/en/news/press-releases/itp-platform-delivers-277-roi-for-insurance-and-financial-services-institutions.html