EPIC Advisors Announces New Retirement Web Offering
ROCHESTER, NY, October 11, 2005 -- EPIC Advisors, Inc. has entered into an agreement with Envisage Information Systems, LLC to implement the Enveritus Financial Access Software (eFAS) for the delivery of retirement account and plan information, greatly increasing its overall service offering to participants, plan sponsors, and financial institutions. The new EPIC retirement web will include more robust participant and plan sponsor functionality, as well as a dedicated financial consultant website delivering enhanced reports and service to financial institutions. The Financial Consultant Website, will give EPIC's financial consultants in the banking community the reporting data they need in real-time to provide better and faster service to their sponsors and participants. The new web technology was designed and built with a focus on assisting the consultant in the management of their plans.
"This new web technology will allow us to deliver much improved reporting features that our bank partners and sponsors need to effectively run and grow their businesses," said Bob Judd, president of EPIC Advisors. "It also provides the information and tools necessary for participants to actively manage their retirement investment."
EPIC can now offer their clients an overview of the plans they manage, including plan assets. Other features include plan level statement-on-demand, plan messaging capabilities, loan status reporting, and summary of trades, just to name a few. EPIC will also offer a deferred reports option that will notify the consultants and sponsors when a report is finished.
As the largest independent team of developers conversant with the recordkeeping platform used by EPIC, Schwab Retirement Technologies (SRT), Envisage is uniquely qualified to rapidly implement workflow and other back office solutions for recordkeepers. Rick Toni, Manager of Business Development at Envisage, stated, "Our focus is helping the progressive TPA, like EPIC Advisors, leverage our web technologies to capture efficiencies and cost savings, thus allowing them to deliver the same benefits to their clients and advisors who are empowered, now more than ever, with web systems like Enveritus."
About EPIC Advisors
Headquartered in Rochester, New York, EPIC Advisors, Inc. is a full-service 401k plan recordkeeping firm serving financial institutions and small to midsize companies since 1993. EPIC currently serves clients in 30 states, comprising more than 700 retirement plans with $1.5 billion in assets. EPIC specializes in participant-directed plans, using daily valuation recordkeeping. For more information about EPIC Advisors, visit www.epic1st.com.
About Envisage
Envisage Information Systems, LLC, developer of the Enveritus (www.enveritus.com) suite of software products, has been providing web-based solutions for the retirement industry since 1994. Through this suite of web and process automation products, Envisage is enabling TPAs to provide superior web experiences for Plan Sponsors, Plan Participants, and Financial Consultants. Progressive firms are using Envisage's expertise and products to free up in-house resources to focus on their core business and to automate labor-intensive functions such as Split, Loan and Distribution Processing. Currently more than 900,000 plan participants are hosted on Enveritus Financial Access Software (eFAS) technologies. For more information about Envisage's comprehensive solutions visit www.envisagesystems.com or call (315) 497-9202 x30.
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