Idiom Software

03/10/2023

The Official IDIOM Press Release

Media Release: Idiom Limited

Idiom Limited has been acquired by Heywood Pension Technologies
Auckland, New Zealand, Monday 2nd October 2023: Idiom Limited, a New Zealand based software company specialising in market leading business rules software and data management solutions has been acquired by UK based Heywood Pension Technologies, a leading provider of pension management solutions. Idiom has become a wholly owned subsidiary of Heywood.
Idiom will continue to operate its business with its existing staff and will continue to serve customers worldwide from its New Zealand base. It will continue to grow and extend its software capabilities by providing innovative, agile and transformative solutions for clients worldwide in insurance, pensions, financial services, health and government.
Mark Norton, CEO and Founder, Idiom Limited said, “Idiom are pleased to announce our partnership with Heywood Pension Technologies. Heywood's platform is a perfect complement to our unique business rules and data management solutions. Our collaboration with Heywood further demonstrates our ability to develop and use business rules to drive business agility, something that we pride ourselves on delivering for all our customers.”
Commenting on the acquisition, Sian Jones, Interim CEO of Heywood Pension Technologies, expressed great enthusiasm about this significant milestone in the company's growth strategy. She stated, "The acquisition of Idiom is a fantastic step forward for Heywood Pension Technologies. It allows us to broaden our horizons and venture more deeply into the buy-in buy-out market, where we feel we will be able to address our customers' needs with unmatched efficiency. We are committed to leveraging this acquisition to solidify our position as a trusted leader in the pension industry."

ENDS

About Idiom Limited
Idiom is a New Zealand based software company that develops and licenses the ‘Idiom Decision Manager’, an award-winning business rules engine that has been proven at scale in complex commercial projects worldwide.
Idiom also offers a large supporting suite of pre-configured data migration and data management tools and linked applications that operate natively on all major cloud platforms.
https://lnkd.in/gQTtD-Yp

About Heywood Pension Technologies
Heywood Pension Technologies is a leading UK provider of data driven, technology enabled solutions for Workplace Pensions.
https://www.heywood.co.uk/

For more information and media enquiries regarding Idiom please contact:
Idiom Limited
[email protected]
Idiom Software is a trading name of Idiom Limited.

Heywood provides market-leading and innovative pension technology and software solutions for schemes, administrators and employers

03/10/2023

𝐔𝐊 𝐩𝐞𝐧𝐬𝐢𝐨𝐧 𝐬𝐩𝐞𝐜𝐢𝐚𝐥𝐢𝐬𝐭 𝐬𝐰𝐨𝐨𝐩𝐬 𝐨𝐧 𝐀𝐮𝐜𝐤𝐥𝐚𝐧𝐝 𝐬𝐨𝐟𝐭𝐰𝐚𝐫𝐞 𝐡𝐨𝐮𝐬𝐞 𝐈𝐝𝐢𝐨𝐦

Idiom will continue to operate with existing staff from its New Zealand base.

Manchester-based Heywood Pension Technologies has bought New Zealand business rules and data management software developer Idiom.

Idiom equips Heywood with enhanced capabilities such as expediting benefit calculations that will help it to deliver improved customer experiences.

"The acquisition of Idiom is a fantastic step forward for Heywood Pension Technologies," said Sian Jones, interim CEO of Heywood Pension Technologies.

"It allows us to broaden our horizons and venture more deeply into the buy-in buy-out market, where we feel we will be able to address our customers' needs with unmatched efficiency."

Mark Norton, CEO and co-founder of Idiom, said Heywood's platform was a perfect complement to Idiom's unique business rules and data management solutions.
"Our collaboration with Heywood further demonstrates our ability to develop and use business rules to drive business agility, something that we pride ourselves on delivering for all our customers," he said.

Auckland-based Idiom will continue to operate with existing staff and to serve customers worldwide from its New Zealand base.

Idiom develops and licenses its "Idiom Decision Manager" rules engine for use in complex commercial projects worldwide as well as a supporting suite of pre-configured, cloud-based data migration and data management tools and applications.

Deloitte is known to have used Idiom's software to help remediate historic holiday pay miscalculations for its clients.

Idiom's other co-founder, Mark Hamilton, has led several local technology firms including PrimeShare, Eagle Technology and RHE and Associates.

The terms of the deal were not disclosed beyond that it went to eight figures.
Rob O'Neill (New Zealand Reseller News)
03 October, 2023 09:28

06/11/2020

Our new article "Master Data || Master Rules" now published on Modern Analyst, the worlds largest website serving the business/technology analyst community. An article for anybody interested in master data management, business rules, audit, remediation, migration, and systems modernization. Available here:
https://lnkd.in/g8UPKyS

Master Data is a concept that most IT shops are familiar with; Master Rules is not. Master Data cannot address the issue of data quality without pairing it with the rules that define and/or derive that data; that is, the Master Rules. Sooner or later, all significant financial sector organisations (...

11/10/2020

This new Whitepaper describes the link between data quality and rules, which creates a need for a 'Master Rules' concept. Audit, remediation, and migration are all processes that have an important role when implementing Master Rules in arrears. If you have an interest in audit, remediation, or migration, then this paper is a must readhttp://www.idiomsoftware.com/docs/download/76ba5815-2412-4953-8f8a-eead686d966e.pdf

14/07/2020

IDIOM is breaking new ground with by using it to power ‘longitudinal systems’. What are longitudinal systems? Longitudinal systems are those which pro-actively support changing behavior through extended time periods (decades) by including fully formed migration and remediation components to on-board and correct any historical business or systems (the back-view), and further components to model and simulate forward looking behavior (the forward-view), both in addition to the more traditional real-time view that describes ‘now’. It requires systems that can calculate (including logic, algebra, and rules) and re-calculate as at any point in time; and it requires flexible data structures that can deal with multiple versions of the truth simultaneously, including current actuals, normalised/refactored calculations, remediated calculations, what-if calculations, etc. In short, a system that can absorb past data and calculation behaviors, and which can also project alternative calculation behaviors into the future, alongside the business-as-usual behavior that we normally expect from systems.
Available now with IDIOM’s LURE Liquid Underwriting and Rating Engine, a longitudinal platform.

21/05/2020

Get instant quotes online to protect your . Public , business assets & stock, liability & more. Insureonline.co.nz for a comparison quote & save.

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INTRODUCTION TO IDIOM 2020

20/11/2019

IDIOM CEO, Mark Norton, is in Seattle attending the Microsoft Executive Briefing Nov 2019

11/10/2019

NOW available on AMAZON: Business Rules: Management and Ex*****on Paperback – October 10, 2019
by Ronald G. Ross (Author), Gladys S.W. Lam (Author), Kristen Seer (Author), Mark Norton (Author), David Lyalin (Author), Warren Williams (Author), Layna Fischer (Introduction), Ronald G Ross (Foreword)
https://www.amazon.com/dp/0986321486
Business rules describe the operations, definitions and constraints that apply to an organization. Business rules can apply to people, processes, corporate behavior and computing systems in an organization, and are put in place to help the organization achieve its goals.Business Rules: Why Should You Use Them?This book helps corporate business readers to understand the meaning and impact of Business Rules within a variety of applications or scenarios such as: •Why and how to use a rules-based approach to validate, transform, recalculate, and remediate complex applications •The art of managing rules and terminology in a consistent, business-friendly, and shareable way •How to use a rules engine to achieve uniformity, consistency, continuous monitoring, transparency, flexibility, forecasting etc. •Key technologies, vendors and implementers in this ecosystem.

Business rules describe the operations, definitions and constraints that apply to an organization. Business rules can apply to people, processes, corporate behavior and computing systems in an organization, and are put in place to help the organization achieve its goals.Business Rules: Why Should...

12/04/2019

Coming soon to the AZURE Marketplace: LURE - Liquid Underwriting and Rating Engine, a fluid and agile insurance product and policy administration platform.http://idiomsoftware.com/docs/download/ee7cc987-fd3b-4536-99cd-060ef21ef0c2.pdf

22/01/2019

IDIOM is busy productizing its Digital Insurance Platform, including the Migration Bridge to easily migrate and assimilate new business portfolios, for release as a supported product soon. Read this slideset for a preview of how it will revolutionize insurance applications. Read more..http://idiomsoftware.com/docs/download/7a8747bc-cfe8-4c02-95ef-1220029655e7.pdf