Sales Management:
.... Increased Bandwidth: enable ECM and
sales to handle greater volumes without sacrificing quality
resulting in revenue growth & improvement to client service.
.... Effective
Sales Tool: disseminate information and product (i.e. distribution
of shares) in “real time”
with equal access for retail branches.
.... Research
Historical Performance: ad hoc reporting capability measures
current and past results of
the Firm, Institutional Sales, Branches, and Retail Investment
Advisors.
.... Capture
Competitor Information: run league tables to benchmark results.
.... Attract Retail
Brokers: provide tools to help effectively manage and grow their
business.
.... Increase
Client Satisfaction: reduce errors and increase deal process
efficiency.
Business Management:
.... ECM Control: maintain complete
control of syndication activities including communication with
sales,
standardization of workflow, order book tracking with audit
trails, automated allocation algorithms,
and real-time data to support decisions.
.... Delegation of
Processing and Reporting Tasks: standardization and validation
within the system
allows more freedom to delegate routine tasks to support
resources.
.... Document
Distribution: immediate dissemination of relevant documents to
sales and other
stakeholders throughout sales process.
....
Supportability: in-house legacy systems quickly become outdated
and costly to maintain, whereas
NIAD regularly updates its product to ensure industry needs and
compliance standards are met.
.... End-to-End
Process Automation: manage the entire sales cycle including
retrieving demand,
allocations, client confirmations and ticketing to the
back-office.
.... Streamline
Communication: reduce redundant communication through the use of
automated e-mail
triggers and online access to information.
.... Secure
Permissions: enable authorized users access to information behind
the firm’s “Chinese Wall”.
Cost Control::
.... Error Reduction: fewer points of failure
mean significant cost savings can be achieved by reducing
Transaction Management Errors, Remnant Positions due to Syndicate
or Branch Errors or Unsold
Positions, Inventory Balancing Errors and Process and Ticketing
Errors.
.... Time is of the
Essence: reduce time spent on manual tasks for stakeholders
involved in ECM
business activities. Reduce “Client Right of Withdrawal” risk by
decreasing the time to process
client
trades.
.... Administrative
Burden Reduction: reduce the need for additional resources that
support syndication
tasks
such as data entry, ticketing, order confirmations, reporting,
cancel and corrects, and many
other
manual tasks that can be eliminated.
.... Adjust Rapidly to
Market Cycles: manage increased volume without adding additional
resources.
Compliance Management:
.... Reduce Risk of Fines:
.. reduce Internal Factor Risk by
effectively prioritizing, assessing, monitoring and managing
business requirements.
.... Compliance Features:
.. Audit trails contain time and
date stamps on all order activity.
.. Enable account restrictions
for pro ticketing, jurisdiction, trade indicator, and eligibility
.
.. Communicate trading
restrictions to sales force.
.. Communicate essential dates to
sales force.
.. Capture deal approval work
flow.
.. Compliance reporting for IDA.
.. Document storage.
|
