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Products February 9, 2007
Data Impact Helps Fund Companies, Participants Communicate in Real-Time
February 9, 2007 (PLANSPONSOR.com) - Data Impact has
released a Web-based management and document delivery service
powered by EDGAR Online, which will allow plan participants
and fund companies to communicate in real time.
Reported by Adrien Martin
The Indiana-based electronic document processing
company’s ConsentOne package includes all required
consent, acquisition, management and tracking functions,
according to a press release.
The product “allows pension plan participants to get
more timely information when they need it; perform research
on potential new investment vehicles; and arrange proactive
notification of updated investment information,
facilitating better risk management,” said Curtis
Thompson, vice president for Financial Services Solutions
at Data Impacts, in the press release. “On the fund
side, ConsentOne enables fund companies to transform
compliance expenditures into marketing and investor
education benefits.”
According to the release, plan participants can access
accounts online, review digital versions of financial
prospectuses, and gather other financial information
through a Web interface, and fund disclosures are
immediately available upon submission to the Securities and
Exchange Commission, using EDGAR Online’s proprietary
technology.
Data Impact is providing the consent management portion of
the ConsentOne partnership, while EDGAR Online will provide
electronic versions of the financial documents.
More information is at www.dataimpact.com .