IFS Solutions Flipbook

IMPACT FINANCIAL SYSTEMS
SOLUTIONS FLIPBOOK

AUTOMATION
DELIVERED™

www.ifsautomation.com

INTRODUCTION

SOLUTIONS FOR THE FINANCIAL SERVICES INDUSTRY

IFS offers powerful
solutions that automate,
integrate and monitor
service requests and
business processes for
financial services firms.
Our pre-built solutions for
onboarding, asset
movement and account
maintenance allow endless
opportunities for
customization without
having to start from
scratch.

IN 2015 5M+ 5200

60k+ transactions average # of new
processed accounts opened
active
users per month

www.ifsautomation.com
[email protected]

704.894.9331

A LOOK AT OUR SOLUTIONS ACCOUNT MAINTENANCE

ONBOARDING Transform tedious
administrative functions
Simplify the new account with our intuitive, easy-
opening process with the to-use Account
only complete onboarding Maintenance Solution.
solution for the securities
industry. MANAGED ACCOUNTS

ASSET MOVEMENT Streamline the process of
opening new managed
Enables advisors and operations accounts and converting
staff to manage client asset commission-based
movement requests with accounts to fee-based
decreased cycle times, increased accounts.
accuracy, improved controls and
transactional visibility.

AUTOMATION DELIVERED, EFFICIENCY GAINED

Rapidly react to Increase Highly scalable and Reduce cycle times Reduce NIGO
business and transparency and customizable and promote (Not In Good
regulatory platform and Order) Rates
changes accountability templates continual process
improvement

ONBOARDING

IFS ONBOARDING SOLUTIONS

IFS offers the only complete
onboarding solution for the
securities and wealth
management industries.
Whether your firm is looking for
a solution to onboard new
financial advisors with multiple
accounts, or streamlined
capabilities to open new retail,
institutional or managed
accounts, IFS can help you
simplify and automate the
process.

“IFS’s Onboarding Solution jumpstarted our objective of
becoming a more agile, lean organization—one with
transparency to measure and improve performance.”
- COO, Wealth Management Division

www.ifsautomation.com
[email protected]

704.894.9331

SIMPLIFY ACCOUNT OPENING

Open accounts faster by eliminating the need to rekey data across all accounts within a household
Improve client satisfaction by offering a smooth, modern onboarding process

Reduce costs and improve cycle times for front and back office processing
Ensure compliance with government regulations such as KYC and AML
Increase transparency by streamlining the process for all involved parties
Reduce NIGO rates because data is clean and verified during entry

ONBOARDING SOLUTION HIGHLIGHTS

IFS offers a number of onboarding solutions, so that you can choose which ones best suit your
organization’s unique needs.

Client Onboarding Suite Rep Onboarding Suite

 Ability to open multiple accounts at a time  Onboard new advisors quicker and empower them
to start engaging with clients rapidly
 Compatible with 50+ retail and institutional
account types  Offer an advisor’s existing clients a seamless and
engaging experience
 Easily see all the accounts and their details in
an appealing dashboard format  Ability to easily review, augment and upload client
protocol information using an Excel template
 Key information once and apply it across all
accounts  Leverages existing client onboarding logic to
simplify the process and provide a consistent
 Identity validation and KYC management experience when bringing on a book of business

 Generate client agreements and disclosure  Ability to input partial data for each account and
packages ready for e-signature extract bulk documents for client re-papering

 Ability to include ACAT transfers and ACH  Allows account number generation and back office
setups integration to open accounts directly, enabling
asset collection and transfer
 Client-facing capability
 Integrations for license & appointment, training and
 Ability to input partial data and generate other verifications
document packages for client meetings

ASSET MOVEMENT

IFS ASSET MOVEMENT SOLUTION

With pressure to manage costs, improve service levels and respond to
regulatory demands, firms are turning to automation for the critical task of
money movement processing. With IFS’s Asset Movement Solution, firms can
quickly and efficiently process advisor or investor-initiated transactions.

ONE SOLUTION FOR ALL YOUR ASSET MOVEMENT NEEDS

Our Asset Movement Solution is a one-stop shop for all Asset Movement
capabilities, including periodic distributions, future-dated transactions, fee
processing and more:

ACATs WIRES JOURNALS PERIODIC CHECKS ACH SETUP ACH
(Full & SETUPS & ON-DEMAND
Partial) DISTRIBUTIONS

www.ifsautomation.com
[email protected]

704.894.9331

MOVE MONEY CONFIDENTLY

Guarantee accuracy with robust available funds calculations and full validation
against account restrictions, available balance or missing documents
Streamline setup of future-dated transactions and periodic distributions

Reduce processing times of transactions

Increase efficiency with compliant, straight-through-processing of 3rd party
transactions

Increase transparency by easily viewing request status and SLA adherence

Automate exemption processing for rule-based anomalies, including transaction
value, customer value, etc.

Maintain compliance with regulations with a flexible rules engine that allows you
to build rules into your processes

ASSET MOVEMENT HIGHLIGHTS Our office is really pleased
with the new Asset
 IRA calculator for gross or net
Movement tool! We really
“withholding including minimum
distribution logic

 OFAC checking of 3rd party distributions like the ability to check on
 Sophisticated available balance logic the status of each
 Automated state and federal request, compared to the
old cash and journal
withholding request just going into
 Automated fee processing and billing
 Full pre-population, generation and orbit in outer space.”

tracking for money movement forms - Internal Operations Associate

TECHNOLOGY

BACKED BY MODERN TECHNOLOLGY: THE IFS
AUTOMATION PLATFORM

Automating business processes in the financial services sphere can be expensive,
time-consuming and error-prone, but with the IFS Automation Platform, it
doesn’t have to be. The IFS Automation Platform provides a practical, proven
solution for business process automation that is economical, agile and designed
for those closest to the business processes. The IFS Automation Platform is the
foundation for all of IFS’s solutions.

ENABLING INTUITIVE AUTOMATION

An intuitive, practical platform empowers business users to build and maintain
powerful automation applications in a point-and-click, low-code environment.
Modern, cutting-edge, responsive user interface provides ease-of-use, a great user
experience and high adoption.
Dynamic document generation improves operation efficiency by ensuring accuracy
of information and compliance with regulations.
Powerful integration capabilities with CRMs, e-signature services, record-keeping
systems, and other internal and external systems break down data barriers.
Practical platform and intuitive technology supports an agile development
approach that is better, faster and more economical.
Fully-featured rules engine provides the ability to set business-related instructions,
constraints or options that trigger activities and set conditions for workflow.

www.ifsautomation.com
[email protected]

704.894.9331

MEETING COMPLEX NEEDS WITH MODERN TECHNOLOGY

PROCESS
ENGINEER

BUILT FOR THE FINANCIAL SERVICES INDUSTRY

Enables straight- Maintains Enhances Modernizes Increases
through- compliance service delivery operations and speed to
processing with changing market
regulations and client practices
experiences

www.ifsautomation.com

CONTACT

Travis Champion
Managing Director, Business Development

980.220.2250
[email protected]

AUTOMATION
DELIVERED™

www.ifsautomation.com