Business Logic Announces Enhanced On-line Retirement Planning and Investment Management Software.CHICAGO--(BUSINESS WIRE)--Aug. 2, 1999-- Financial Institutions Improve 401(k) Plan Participation and One-to-One one-to-one adj. 1. Allowing the pairing of each member of a class uniquely with a member of another class. 2. Mathematics Marketing Capabilities Through Web-based Offering Business Logic, a leading provider of web-based solutions for financial and banking institutions, today announced the newest release of its Net-Funds software, version 3.0. The Net-Funds 401(k) solution provides banking and financial institutions with a customizable, fully transactional interactive solution designed to meet the demands of the highly competitive retirement plan services marketplace. Using Net-Funds 401(k), participants can view and analyze all of their 401(k) investment information from a single user interface. The Net-Funds 401(k) solution was introduced in 1997. Several top financial institutions are using the Net-Funds 401(k) product, including Northern Trust, KeyCorp and Scudder Kemper Investments. "Retirement investors have traditionally had almost no support to fall back on when making investment decisions for their 401(k)s," said Ed Kountz, retail brokerage technology analyst at Needham, Mass. consultancy TowerGroup. "However, this situation is finally changing, as leading vendors like Business Logic leverage the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the to provide cost-effective cost-effective, n the minimal expenditure of dollars, time, and other elements necessary to achieve the health care result deemed necessary and appropriate. , electronic investment decision support for retirement investors." Net-Funds 401(k) 3.0 offers Web and voice access, participant, administration & sponsor interfaces and works with known record-keeping systems and proprietary databases. This system obtains participant information from data sources and can be maintained as an application even as the data source changes over time. The page layout :For the Wikipedia policy about articles layout, see Wikipedia:Guide to layout. Page layout is the part of graphic design that deals in the arrangement and style treatment of elements (content) on a page. , navigation and functionality are all controlled by the financial institution. Net-Funds 401(k) participant interfaces give customers 24-hour, seven-day-a-week on-line access to account information. This flexible solution includes the following enhanced modules:
- Plan Forms Library Option: Participants are able to download plan
forms and obtain securities prospectuses.
- Enrollment Module Option: New eligible participants have the
capability to enroll on-line by completing the necessary forms
via the Internet.
- Education and Planning Tools: Participants have new financial
planning calculators with personalized data automatically
downloaded from the record-keeping system.
- Enhanced Sponsor Reporting: Facilitates the sponsor and 401(k)
administrator in analyzing how participants are investing and
saving for retirement.
"Business Logic's solution allows companies to remain competitive in the ever-changing financial community," said Dirk Quayle, Vice President, Product Development at Business Logic. "As the demand for Web services (1) Loosely, any online service delivered over the Web. Such usage appears in articles from non-technical sources, but not in IT-oriented publications, because definition #2 below describes the correct use of the term. increases, Business Logic offers an integrated solution that addresses the two largest requirements in this industry - real-time 1. real-time - Describes an application which requires a program to respond to stimuli within some small upper limit of response time (typically milli- or microseconds). Process control at a chemical plant is the classic example. access to account information and a flexible, secure solution for customers." About Business Logic Business Logic Corporation provides Web-based solutions for the banking and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industries from its headquarters in Chicago. Business Logic works Logic Works Inc. was a software company based in Princeton, New Jersey. Their flagship product was an IDEF1X modeling and database design tool called ERwin (ERwin) whose name is formed from an initialism of ER for Entity Relationship and "win", short for windows. with leading financial and banking institutions, including Northern Trust, National City/First of America Bank, PNC PNC Purdue University North Central (Westville, Indiana) PnC Point 'n Click PNC Police National Computer PNC People's National Congress (Guyana) PNC People's National Congress Bank, KeyCorp, Scudder Kemper Investments, and Bank of Montreal/Harris Bank. |
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