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Kaulkin Information Systems Integrates LaserApp into KIS Track Compliance Technologies for Financial Services
Publish Date : 12/12/2007 7:22:00 AM   Source : Software and Operating Systems News Onlypunjab.com

Kaulkin Information Systems (KIS), a leading provider of software-as-a-service (SaaS) technologies for financial services and other industries, today announced integration of automated form filling technologies from LaserApp into the KIS Track compliance and risk management computing platform.

The LaserApp-enabled KIS Track platform has been available to existing KIS Track customers since August 1 and, as of today, is now also offered under General Availability to non-existing KIS customers either directly from KIS and LaserApp or through their communities of distributors and channel partners.

“The holy grail for broker-dealers is a concept called ‘straight-through-processing’ and LaserApp is on the frontline of that battle-scape daily by assisting broker-dealers in capturing accurate customer and transaction data as early in the sales application process as possible,” stated Michael P. Binko, CEO and president of Kaulkin Information Systems. “While macro industry issues continue to make the straight-through concept a challenge to implement, the integration of KIS Track with LaserApp proves that steps forward are being made and moves our customers much further along that path,” Binko added.

The combined solution fuses LaserApp’s automated “check and app” form filling software and LaserApp’s ability to link with virtually any customer relationship management (CRM) system with the KIS SaaS-based document management, archiving, compliance, risk mitigation, workflow and business process management tools. The result is an affordable, easy-to-implement, yet powerful Internet-based solution for fast-growing and technology savvy broker dealer firms and their field offices.

“The compliance and risk management benefits of the KIS Track platform are enhanced by the fact that the KIS delivery model is SaaS and that they have created their data management architecture in such a way that integration with third-party offerings such as ours is truly seamless and without hits to performance,” stated Robert Powell, director of Marketing for LaserApp. “In addition, by having LaserApp data archived in the KIS Track TrackFile™ back-end database, any word or phrase becomes full-text searchable even in scanned files or attachments. The ROI value of this capability is particularly evident in instances of compliance audit or review some time after a securities-related order has been processed,” continued Powell.

Moving well beyond enterprise productivity, data management and simple compliance, the KIS Track platform incorporates support for business process management (BPM), supervisory procedures, workflow, detailed reporting, communication surveillance, disaster recovery, business continuity, integration with legacy systems, sophisticated archive/retrieval functions and electronic check-processing and transactions.

Additional Recent KIS Developments:

KIS recently completed formal Return on Investment (ROI) Benchmark Studies within the broker-dealer community and also refined pricing by developing a line of KIS Track Packages that combine the two most widely deployed KIS Track compliance modules TrackFlow™ and TrackFile. Under the KIS Track Packages, broker-dealers, OSJs or branch offices with even less than 10 employees can easily step-into a deployment.

All KIS Track Modules are still available for purchase and deployment as individual offerings; however, the KIS Track Packages incorporate considerable discounts for customers that know they need combined productivity, compliance and risk management technologies and anticipate solid growth in the near term. Broker-dealers, OSJs or branch offices with between five (5) and 2500 registered reps in geographically dispersed offices are the ideal match for KIS Track and the platform is equally suited for independent or centralized (enterprise) broker-dealer business models.

In addition to the recent KIS Track Package pricing, the company also introduced a more comprehensive suite of Solution Services. These Solution Services are now also available in three contract types -- hourly, project-based or retainer-based. “The LaserApp integration was completed by team members in our Solution Services line-of-business and is representative of the type of high-quality work these engineers, developers and data management project teams are delivering to customers of all sizes,” added Binko.

For more information related to the KIS ROI Benchmark Studies visit www.kistrack.com/roi or for detailed KIS Track and KIS Solution Services pricing information, contact KIS representatives via telephone at 301-907-0840*180 or via e-mail to sales@kistrack.com.

About Kaulkin Information Systems

Kaulkin Information Systems (KIS) is a technology and solution services company that offers simple, yet powerful and affordable, hosted Software-as-a-Service (SaaS) business process management (BPM), workflow, risk mitigation and compliance technologies. The company’s flagship technology offering, KIS Track™, provides a comprehensive enterprise data management platform with multiple integrated application modules that are ideally suited for the unique needs of customers in a wide variety of vertical industry sectors including – financial services, banking/insurance, pharmaceuticals, healthcare/medical, legal services, government, telecomm and others.

KIS is one of the first technology and solution providers to make it affordable for small to mid-size enterprises (SMEs) to employ comprehensive BPM/workflow automation technologies using SaaS cost-savings while also addressing specific federal, state and industry-imposed regulatory compliance standards. This understanding and integration of compliance factors truly sets KIS technologies, solutions and intellectual property apart in the market. For more information visit KIS on the Internet at www.kistrack.com



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