PowerAgent529 for College Savings Plan Administrators
College savings plan administrators have increased productivity and reduced cost; enhanced and improved customer service; and reduced risk by retaining control through PowerAgent.
PowerAgent provides all the necessary functionality needed to meet the needs of the college savings plan market.
The open, modular and rule-based architecture of PowerAgent provides you the tools necessary to optimize your college savings plan servicing business.
Increase Productivity and Reduce Costs:
- PowerAgent529 was designed from the ground up in conjunction with college savings plan administrators to correlate perfectly with the administrative and recordkeeping needs of your business.
- Automate tasks such as age-based realignments, maximum contribution limit calculations and cross plan information sharing to ease your plan administration.
- Eliminate delays and provide shareholders and advisers up to second access to real-time information through a customer centric intuitive user interface.
- Make your new employees productive sooner through an intuitive design.
- Answer most inquiries and execute transactions directly at the point of contact.
- Reduced fund and firm administration with the use of templates and parameter-driven data fields.
Improve Investor and Customer Satisfaction:
- Use the open technology of PowerAgent529 to facilitate the exchange of information integrating with other state plan administrators, internal surround systems and third party applications.
- Eliminate aggravating issues by processing activities correctly the first time using 500 data checks and validations.
- Provide real-time access to information and reporting so that your clients know exactly where they stand at any point in time.
- Grant real-time 24/7 system access by eliminating batch processes that get in the way of your clients accessing their accounts.
Control and Customize your Experience:
- Create product differentiation by eliminating system hurdles that get in the way of your great ideas.
- Configure investment options, age-based realignments Account Types, Transaction Types and Fee Types and many more at the click of a button to create a unique experience for your clients.
- Process 529 college savings plans, mutual funds, hedge funds, institutional money markets, offshore funds and protected principal funds on a single system and avoid the additional costs of multiple systems.
- Integrate shareholder accounting data with third party surround systems to leverage prior investments.
- Access PowerAgent in a client/server or Software as a Service (SaaS) model to design a technology infrastructure that is right for your business.