New State-of-the-Art Form Filling and Filing Tools Deliver
Efficiency and Convenience to Registered Reps and
Broker-Dealer Firms
NEW YORK, June 24, 2008 (PRIME NEWSWIRE) -- E*Assist, a provider of business growth, operational support and compliance management solutions for the financial community, has launched complementary solutions for form generation and management. The Auto-fill application increases rep and back-office efficiency by pre-populating forms with account information from the E*Assist platform. The Auto-file tool automatically creates a record on the system, which is permanently archived and accessible to supervisors and compliance officers.
Auto-Fill and Auto-File improve rep productivity and efficiency while increasing B-D firm control. These new core capabilities are available to all users of the E*Assist platform.
Rep Benefit - Auto-fill enables a rep to complete a typical new account form in less than one minute. Auto-file generates a permanent document, automatically stored in the investor's record, eliminating the need for re-keying or scanning. The rep simply fills in new data, not pre-populated on the form, and saves it to the system.
B-D Benefit - Auto-file creates an automatic permanent record, increasing firm transparency and B-D firm control with intuitive features. Functionality, such as the capability to select fields required for print permission, helps firms reduce errors and virtually eliminate "Not in Good Order" (NIGO) business.
The E*Assist platform is based on a hub & spoke architecture designed to empower reps and home office collaboration to better serve existing clients, grow their assets under management, and ensure compliance obligations are proactively addressed. E*Assist integrates diverse applications and 3rd party service providers into a single, real-time web-based process that powers total collaboration; workflow execution and monitoring; operational support; and compliance oversight and documentation. The technology enables clients to use it with any selection of data, applications, and other investment products and services, and to easily change and add services at any time.
"The addition of these combined offerings to our platform give our clients a powerful business advantage," stated Ted Tsung, chief executive officer of E*Assist. "Typically reps spend 10-15 minutes completing the paperwork for one form. After they are done, they have a piece of paper that needs to be filed or scanned. By delivering these two applications as a combined solution, E*Assist clients regain the time and money normally spent filling out paperwork today and searching for client records tomorrow. The intuitive application design gives the B-D firm greater control to eliminate errors and easily access information in the future," Tsung explained.
About E*Assist
Founded in 2006, E*Assist partners with companies in the financial advisor community to facilitate immediate bottom-line impact and long-term business growth through an automated approach to improved client service, operational effectiveness and compliance management.
The company's proprietary technology platform automates collaboration and workflows between home officers and reps, while monitoring and controlling the entire client management process. The result is unparalleled compliance oversight, workflow management, client service, and process improvement. Based on a hub and spoke architecture E*Assist's technology platform simplifies and automates complex compliance and client management issues, while facilitating increased client contact and productivity. E*Assist's offices are located in New York, NY. For more information, please visit www.eassistllc.com.