Broker/Dealer Organization
The Client
A major broker/dealer firm with national clientele.
The Challenges
- Key services provided to brokers, including new business setup and investment purchases, took too long.
- Manual redundant processes reduced productivity and accuracy in delivering documents to clearing provider.
The Solution
AWD automated the steps to complete transactions, including tracking status, preparing the image and data for transfer. A built-in reconciliation process ensured trades were handled in compliance with industry regulations and standards.
The Results
- Transaction times were cut in half, improving relationships with brokers and their clients.
Offering key benefits for insurers and brokerages in a proven, scalable process management solution.
Monitoring and auditing tools to make it easier to stay in compliance with changing regulations.
Delivering the right work to the right person in the right priority to make the most of resources.
MBA's CREF 12, February 5-8, Atlanta, GA