Minneapolis, MN (PRWEB) September 13, 2012
Equias Alliance, LLC announced yesterday, at its annual National Consultants Meeting in Minneapolis, the roll-out of EQUIP – Equias Alliance’s User Interface Portal, a new service available to its clients. EQUIP provides clients the ability to retrieve both Bank Owned Life Insurance(BOLI) and Nonqualified Deferred Compensation (NQDC) reports and other documents via a secure, internet based portal.
EQUIP enables Equias to automatically post any BOLI/NQDC report or document, as soon as it is available, to a secure internet portal accessible only by authorized users of those reports and documents. In turn, clients can immediately access those reports and documents through the secure portal. All delays related to direct mail or email distribution of reports are eliminated. The EQUIP service also significantly reduces the security risk associated with mailing hard copies or emailing electronic versions of reports containing sensitive data.
According to Becky Pressgrove, Senior Vice President and COO of Equias Alliance, “We are really excited to provide EQUIP to our clients. It will streamline our month-end and year-end reporting processes and reduce the time and effort devoted to the creation and distribution of reports for both Equias and our clients. We believe our clients will appreciate the speed and flexibility of being able to retrieve their reports the moment they are complete. In keeping with our commitment to excellent, personalized service, Equias plans to work with each individual client to assure a smooth transition to EQUIP access over the next few months.
In addition, we are working with Andesa Services, our plan administration software provider, to make EQUIP and the ADASTAR Q+™ system even more robust and will be making additional efficiency enhancements in the near future.”
About Equias Alliance
Equias Alliance delivers nonqualified benefit and BOLI administration and portfolio services to banks across the United States via its team of 16 consultants and 29 support personnel located in 13 regional offices. Equias Alliance offers a near-seamless approach from design to implementation. The Equias Alliance team has helped over 800 banking organizations recruit, retain, and reward executives, directors and employees critical to each bank’s success.
The American Bankers Association (through its subsidiary, the Corporation for American Banking) has endorsed Equias Alliance for the following services:
1. Placement of BOLI
2. Administration of BOLI and Executive and Director Benefit Plans
3. Risk Assessment Reviews of BOLI and Executive and Director Benefit Plans
4. Executive and Director Benefits Consulting.
For additional information on Equias Alliance, go to http://www.equiasalliance.com.
Securities offered through ProEquities, Inc., a Registered Broker/Dealer, and member FINRA and SIPC. Equias Alliance LLC is independent of ProEquities, Inc.