Record Keeping Systems (RKS)



We understand that the RKS is the platform that your business is built around. Because of that we know your investment extends well beyond the RKS itself and includes all of the surrounding applications, hardware and custom processes. We differentiate ourselves from our competitors in the fact that our consultants have in depth experience in Omniplus, Trac2000 as well as other less known systems.


recordkeeping


Solution Capabilities



  • Version Upgrades

  • System Tuning

  • Automated System Maintenance

  • Custom Automated System Monitoring

  • Daily and Nightly Batch Processing

  • Month End, Quarter End and Year Processing

  • SDBA (Self Directed Brokerage Account) setups

  • Disbursement, Compliance, Payroll & Conversion Processing

  • System-System Migration (Omniplus to TRAC)

  • Custom Participant and Sponsor Web



OmniPlus:


Our Omniplus experience has been utilized by several of the top ten wealth management firms. Our consultant’s Omniplus experience includes; but, is not limited to the following:



  • Major version and PTF upgrades.

  • Development of hands off system automation for items such as: TRAN Maintenance, UCOM Maintenance, Index Rebuilds, History Purges & Backups.

  • Development and execution of Disaster and Business Recovery Plans.

  • Full Virtual Fileset Implementation.

  • OmniRouter Installation.

  • Relius Installation, troubleshooting and maintenance.

  • Development of automated SDBA Account processing.

  • Development of hands off Nightly and Daily batch processing.

  • Development of Job Management System that automatically scales processing according to system health.

  • Development of Omniscript Version Control System.

  • Development of automated Payroll Processing.

  • Development of automated plan conversion of take over business.

  • Development of automated offload of data for book of business sold and to be processed on Custom version of OmniPlan.



TRAC2000:


Our TRAC2000 experience has been utilized in 3 major conversions from Omniplus to TRAC2000. Our consultants have experience with the mapping of data elements for the system to system conversions, configuration of TRAC2000 ICU level switches to meet client needs, conversion of custom surround applications, day to day support that includes Payroll, Trading, Output, Disbursements, Web and Compliance Reporting.



We understand how TRAC vs. Sponsor determined eligibility works. We can help your shop steer clear of pitfalls like turning on the ability to allow contributions upon eligibility and not synchronizing your inbound data.



Our in depth understanding of payroll has been utilized by The Hartford to analyze the DST Payroll and provide benefit/gap analysis to the custom in-house developed systems that were used to process custom payrolls.Our through understanding of the inter dependencies of the various plan level switches have been utilized to solve detailed eligibility processing concerns. A brief summary of our consultants TRAC2000 experience includes; but, is not limited to:



  • Full Cycle Payroll processing.

  • Inbound/Outbound (i.e. Feedback Reporting).

  • Eligibility Processing.

  • Compliance Processing.

  • AWD Task Setups.

  • Data Element Mapping.

  • Utilization of Power Select Output in Surround Applications.


The perspective is the difference.

Interested to know how we can help you?

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