Diversified Investment Advisors Selects Exstream Software's Dialogue to Produce Client-Focused Retirement Statements that Maximize Retirement Planning.Business Editors LEXINGTON, Ky.--(BUSINESS WIRE)--March 29, 2004 Faster Time to Market and Reduced Costs for the More than One Million Personalized Retirement Statements Produced Quarterly Key to Selection www.exstream.com--Exstream Software, Inc. announced today that Diversified Investment Advisors History Established as a division of the original MONY (Mutual of NY) and its predecessors, it spun off as a separate entity in the early 1990s. DIA has over 50 years of multi-product, retirement services only industry experience. , a national investment advisory firm specializing in retirement plans, has chosen its Dialogue software to take the company's retirement statements to the next level by customizing them to cater to the needs and interests of individual clients. Diversified is using Dialogue to create retirement statements that include extensive personalized messaging and dynamically inserted variable charts and logos. Dialogue's high performance and easy-to-use interface will also help the company meet the regulatory requirements and speed to market required by federal law. With Dialogue, Diversified has the flexibility, cost controls and robust capabilities necessary to maximize customer participation through fully customized communications that encourage financial planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against . Key drivers in choosing Exstream's Dialogue were its speed, ease of use, campaign management capabilities and postal optimization. Diversified will encourage active financial planning on the part of its clients by incorporating pertinent retirement information (traditionally mailed as letters or inserts) into the available white space around transaction details in the retirement statement. This will also result in a significant reduction in paper and mailing costs for the company. Dialogue's robust capabilities will further support Diversified's goal to clarify investment performance with the ability to include virtually any type of data-driven variable chart, such as pie, line or bar charts, into statements at run time. Additionally, Dialogue's regulatory compliance capabilities and high-performance engine make it possible for the company to generate and fulfill the more than one million personalized statements produced each quarter within the period required by law. "Our goal is to better educate retirement plan participants Plan participants Employees or other beneficiaries who are eligible to receive benefits from a company's employee benefit plan. and help them to save and invest wisely for their retirement. However, every client is different," said Mark Fortier, Senior Vice President and CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. , Diversified Investment Advisors. "Dialogue makes it possible for us to have a 'participant-at-a-time' conversation within the statement due to its ability to easily create highly personalized documents that suit the needs of the individual. Its robust functionality is also helping us achieve a speed to market we never thought possible." Additionally, Diversified anticipates saving money on fulfillment costs with Dialogue's Output Sorting and Bundling module. It will allow the company to reorder re·or·der v. re·or·dered, re·or·der·ing, re·or·ders v.tr. 1. To order (the same goods) again. 2. To straighten out or put in order again. 3. To rearrange. v. and group communications post generation, before they go to the printer. This will make it possible to control how many documents are sent at a time, redirect documents for varying output and sort output files for best postage rates. Going forward, Diversified plans to use Dialogue to deliver the personalized statements online. "We are pleased that Dialogue is providing Diversified Investment Advisors the level of customization and clarity they require to create retirement statements that engage clients and foster action," said Davis Marksbury, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Exstream Software. "Exstream's ongoing mission is to create 100 percent satisfaction for our customers." About Diversified Investment Advisors Diversified Investment Advisors is a national investment advisory firm specializing in retirement plans. The company's expertise covers the entire spectrum of defined benefit and defined contribution plans Defined contribution plan A pension plan whose sponsor is responsible only for making specified contributions into the plan on behalf of qualifying participants. Related: Defined benefit plan , including: 401(k), 403(b), 457, non-qualified deferred compensation, profit sharing profit sharing, arrangement by which employees receive, in addition to their wages, a share of the net profits of a business. The purpose is to give them an incentive to increase their output through enhanced morale, less wasteful use of materials, better care of , money purchase, cash balance and Taft-Hartley plans, as well as rollover A graphic element in an application or on a Web page that changes its color or shape when the pointer is moved (rolled) over it. See JavaScript rollover. See also n-key rollover. and Roth IRAs. Diversified services over $50 billion in retirement plan assets, helping more than one million participants save and invest wisely for retirement. Headquartered in Purchase, NY, the company's regional offices are located in Arkansas, California, Georgia, Illinois, Iowa, Louisiana Iowa is a town in Calcasieu Parish, Louisiana, United States. The population was 2,663 at the 2000 census. History The history of this region is filled with stories of the early Midwestern Settlers from Kansas, Illinois and Iowa to the French Canadians (Cajuns) to Jean , Maryland, Massachusetts, Michigan, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. , Ohio, Oregon, Pennsylvania, Texas and Wisconsin. For more information, visit Diversified Investment Advisors at www.divinvest.com or call 800-770-6797. About Exstream Software Headquartered in Lexington, KY, Exstream Software helps businesses around the world connect with their customers through higher quality, fully personalized customer communications delivered by mail, email and the Internet. Companies in the financial services, insurance, service bureau, telecommunications, utilities and other industries benefit from as much as 60 percent faster time to market, up to 80 percent reduced costs and increased revenue through improved customer retention. For more information about Exstream Software and its market-leading Dialogue and AFP (1) (AppleTalk Filing Protocol) The file sharing protocol used in an AppleTalk network. In order for non-Apple networks to access data in an AppleShare server, their protocols must translate into the AFP language. See file sharing protocol. Studio technology, visit www.exstream.com, or contact Exstream at 859-296-0600 or info@exstream.com. All trademarks are the property of their respective owners. |
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