ALERTS 2.0: CAPABILITIES
Alerts 2.0, a module of RegEd’s Xchange Enterprise Licensing and Registration solution, enables companies to identify individuals and agencies for which they should receive notifications and automated PDB data updates.
Automated Notifications
Receive same-day, automated notification when a state record change occurs on the PDB, avoiding out-of-date information that can result from manual, point-in-time searches of the PDB.
Highly Customizable
Identify specific data points for notifications, automated updates, or queue items for efficient review and approval, depending on the firm’s business needs.
Robust Reporting
Provides insight into discrepancies between the PDB and the firm’s database, and an audit trail of exceptions and actions taken in response to each alert.
Improved Data Accuracy
Receive automated notification of discrepancies between the PDB and the company’s database. Instill confidence that the firm’s records are synched with official filing office records.
Automated PDB Lookup
Significantly reduce the time and resources required to manually check the PDB and identify and reconcile changes, enabling licensing staff to focus on work that delivers higher value to the organization.
Reduce Risk
Reduce the risk of non-compliance and data inaccuracies during a regulatory audit, which can potentially result in fines, penalties or damage to the company’s reputation.
“Within the first three months of using Alerts 2.0, our Agency has received more than 300,000 alerts notifying us of data changes on PDB. We were able to review these changes and update our database with minimal intervention. This is a major advancement in our journey to managing by exception.”
– Vice President & Compliance Officer, Leading Global Insurance Broker
ALERTS 2.0: RELATED RESOURCES
Content covering the latest news and best practices for onboarding, licensing and registration, from industry and RegEd subject matter experts.
WEBINAR: Ensuring a Seamless Transition for Producer Data Management
This session features two experts who examine all of the factors to consider associated with building your own producer data management process versus buying a commercial solution, so that firms can make an informed decision to ensure a seamless transition for your producer data management processes.
AITE-NOVARICA REPORT: Distribution Channel Management: Insurance CIOs Focus on Improving the Onboarding Experience
This report presents and discusses the findings of interviews with ten life, annuity, and property/casualty insurance carriers that varied in size between midsize and large.
WEBINAR: Licensing & Registration Leaders Panel
This webinar features a panel of compliance and operations leaders who discuss the current state of licensing and registration and its impact on distribution, operations and compliance programs in light of the pandemic.
EXECUTIVE BRIEF: Xchange Onboarding, Licensing and Registration
This executive brief provides an in-depth overview of Xchange, RegEd’s Enterprise Contracting, Licensing and Registration solution, developed in collaboration with top industry firms, which has been implemented in more than 500 financial services firms.
ALERTS 2.0: RELATED SOLUTIONS
Complementary solutions to power your compliance and credentialing program – all on a unified enterprise platform.
REGED CLEARXCHANGE
RegEd CLEARXchange instantaneously validates contracting, licensing, education and training, appointment, and registration, at the source, to deliver a real-time Clear to SellSM
MANAGED SERVICES
Using Xchange, RegEd’s Licensing and Registration Managed Services team can prepare the required filings and transactions, order supporting documents, validate producer data against current regulatory sources, and maintain evidence of filing.
REGISTERED REP ONBOARDING
RegEd Registered Rep Onboarding solution offers the unique ability to drive unparalleled operational efficiency and optimize all processes throughout the onboarding and registration process.
XCHANGE ENTERPRISE OVERVIEW
Xchange is unique in its ability to drive unparalleled operational efficiency and optimize all processes across producer / rep on-boarding, registration and licensing activities.
CONTACT US
Schedule a personalized consultation with our solution and subject matter experts. We’ll provide an overview of how RegEd’s enterprise platform enables our clients to improve efficiency, effectiveness and transparency across the enterprise.