Next Gen platform gets first major upgrade

Release 2.0 "sets the stage" for next phase of development

Next Gen platform gets first major upgrade

Technology

By Terry Gangcuangco

Placing Platform Limited (PPL) has deployed the first major upgrade to the Next Gen platform since it went live in March.

Featuring more than 100 functional changes, including quote functionality and underwriter team email notification capability, Next Gen Release 2.0 introduces enhancements to nearly all areas of the platform.

“The 2.0 release is a major milestone and builds upon the foundations already in place,” PPL product & practice director Andy Woolley said in an emailed release. “It will support the market in its transition to Next Gen by October 1st.

“The release also sets the stage for our next phase of development as we continue to work to support the market’s ambition of becoming better, faster, and cheaper through digital transaction processing via APIs (application programming interface).”

Prior to the e-placing platform’s major upgrade, Next Gen saw five “continuous improvement” releases, with three more planned within the year.

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