Galway, H91 PN80,
Ireland
Acorn Life Technographics
Acorn Life Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Acorn Life and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 94 Acorn Life employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Acorn Life has purchased the following applications: Vertafore ImageRight for Enterprise Content Management in 2017, FRS InvestPro for Portfolio and Investment Management in 2020, OneTrust CookiePro for Governance, Risk and Compliance in 2020 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Acorn Life is running and its propensity to invest more and deepen its relationship with Vertafore , CMS Made Simple , Financial Risk Solutions or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Acorn Life revenues, which have grown to $125.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Acorn Life intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
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Acorn Life Tech Stack and Enterprise Applications
Acorn Life Content Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Vertafore | Legacy | Vertafore ImageRight | Enterprise Content Management | Content Management | n/a | 2017 | 2017 |
In 2017 Acorn Life selected and implemented Vertafore ImageRight as its Enterprise Content Management platform. The company ran a structured vendor review and executed a Proof of Concept with two vendors, a process that took about six months and was governed by a selection team led by Ger Ryan, operations director, together with Michael Spellman and Robert Staunton from systems development, and McEllistrim.
The Vertafore ImageRight implementation concentrated on core Enterprise Content Management capabilities, including document capture and imaging, centralized document repository and indexing, workflow automation for case file routing, and audit and version control for regulated document handling. Vertafore ImageRight was configured to support automated document processing and searchable records management consistent with typical ECM functional workflows.
Operational coverage was focused on Acorn Life operations and systems development, aligning content workflows with customer service and case handling processes to address service capability and customer wait time concerns. Governance for the program emphasized the PoC validation, cross functional oversight by the named team, and a measured selection cadence, culminating in the decision to standardize on Vertafore ImageRight.
The public account of the initiative reports that the selection concluded with Vertafore ImageRight, positioning the organization to centralize content and workflow management under a single Enterprise Content Management solution.
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Web Content Management | Content Management |
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2011 | 2011 |
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Acorn Life Investment Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Financial Risk Solutions | Legacy | FRS InvestPro | Portfolio and Investment Management | Investment Management | n/a | 2020 | 2020 |
In 2020, Acorn Life implemented FRS InvestPro to centralize unit-linked fund administration and respond to strengthened Central Bank of Ireland compliance requirements. Acorn Life implemented FRS InvestPro as a Portfolio and Investment Management platform to consolidate functions that had been performed across in-house systems and spreadsheets into a single, auditable administration environment.
FRS InvestPro was configured to provide an integrated general ledger, tax reporting and full audit trail alongside core portfolio administration capabilities. Implemented modules include internal fund asset liability and unit matching, box management, external trade management, asset servicing and pricing, Net Asset Value calculations, unit price calculations, cash allocation and rebalancing, trade order management, daily and month end financial reporting, reconciliations and InvestPro appropriation and pricing, together with calculations and controls for liquidity, AMCs, rebates and life fund tax requirements.
The implementation introduced an Optimum Operating Model to manage cash flows between Acorn Life’s member administration system and external investment managers, and FRS configured the InvestPro reconciliation tool for both broker and client assets plus an export to support the UK and Irish income minus expenditure life assurance tax reporting requirement. InvestPro was delivered on-premise using a two server standard architecture, the first hosting the worker and application layers and the second hosting the SQL database, and the migration of the book of business was executed without disruption to daily operations with assistance from FRS consultants.
Governance and operational change included staff training to shift users from manual processing to oversight and exception management, implementation of exception override controls, and general ledger checks to ensure consistency between unit prices, fund valuations, GL records and regulatory reporting. The program was completed in six months and explicitly produced stated benefits of reduced operational costs, reduced operational risk, faster unit pricing and investment accounting processing, and a comprehensive audit trail for Acorn Life’s investment administration and compliance functions.
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Acorn Life TRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| OneTrust | Legacy | OneTrust CookiePro | Governance, Risk and Compliance | TRM | n/a | 2020 | 2020 |
In 2020, Acorn Life implemented OneTrust CookiePro on its public website. The OneTrust CookiePro deployment supports Governance, Risk and Compliance needs by providing a centralized cookie consent management layer and visitor preference controls across site pages.
The implementation is delivered as a client side script embedded in the website, configured to perform cookie scanning, cookie categorization, consent capture via a public banner, and exposure of a preference center to visitors. Operational ownership is held by privacy, legal, and marketing functions, with OneTrust CookiePro retaining consent records and consent lifecycle metadata as compliance evidence and applying automated blocking of nonessential and third party cookies until consent is granted. Integrations are scoped to the website delivery layer and client side tag behavior, and governance work included standardizing consent copy, retention rules, and a documented consent workflow for legal and compliance teams.
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Governance, Risk and Compliance | TRM |
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2020 | 2020 |
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Risk Management | TRM |
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2017 | 2017 |
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Acorn Life IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Application Hosting and Computing Services | IaaS |
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2017 | 2017 |
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IT Decision Makers and Key Stakeholders at Acorn Life
| First Name | Last Name | Title | Function | Department | Phone | |
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Apps Being Evaluated by Acorn Life Executives
| Date | Company | Status | Vendor | Product | Category | Market |
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