Red Bank, New Jersey (PRWEB) January 02, 2013
AlphaPlus Portfolio Recovery, LLC, an industry leading provider of securities class action recovery services for institutional investors is pleased to announce the first integration of its new TrustClaims™ solution. AlphaPlus Portfolio Recovery, LLC (Red Bank NJ) and INFOVISA, Inc. (Cornelius, NC) have agreed to create a fully integrated connection between the AlphaPlus TrustClaims™ solution and INFOVISA’s MAUI™ trust accounting and wealth management suite.
"Our ongoing mission to deliver advanced technology solutions and superior client service to the trust bank community begins with the businesses and technology partners we align ourselves with. AlphaPlus works diligently to identify those organizations that truly excel in their area of expertise and who also consider client support a first priority. INFOVISA is exceptional at what they do, and we are extremely happy to be working with them to deploy our TrustClaims solution,” said Danielle Denton, Managing Director of AlphaPlus Portfolio Recovery, LLC.
Securities related class action settlement claims processing can be very complex and generally very resource intensive for institutions, advisors and trust banks. The process can be different for every investor, with multiple and varying factors including changes in trading systems, accounting systems, custodians, prime brokers, sub-accounts and other hurdles that help create an ever-changing terrain for claims recovery processing. AlphaPlus continues to evolve and invest in its overall infrastructure, including enhancements to human capital and technology developments to help streamline claims recovery value identification, data normalization, recovery filing and ongoing portfolio claims monitoring for institutional clients. TrustClaims™ takes the process further by customizing a solution specifically for trust banks.
“We are excited to partner with AlphaPlus Portfolio Recovery to help our clients automate and monitor this critical function. AlphaPlus has been a reliable partner for INFOVISA’s trust accounting clients for several years,” said Mike Dinges, President of INFOVISA. “INFOVISA’s focus has always been on the community bank and independent trust company market, and we strive to partner with like-minded companies. AlphaPlus shares our passion for the market we serve,” Dinges went on to say.
About AlphaPlus Portfolio Recovery, LLC /TrustClaims™
AlphaPlus Portfolio Recovery™, a member of the AlphaPlus Technology Group, LLC group of companies is the premier provider of Automated Securities Class Action Settlement Claims Recovery and Monitoring services to an expansive range of clients globally including traditional asset managers, trust banks, bank trust departments, investment advisors, fund of funds, hedge funds, family offices, mutual funds, pension funds, market makers and trading floor specialist.
AlphaPlus Portfolio Recovery, LLC
Danielle Denton, Managing Director
INFOVISA is an independent provider of data processing systems and related services for bank trust departments, independent trust companies, not-for-profit foundations, colleges, and universities. INFOVISA was founded in 1992 when it was determined that there was a need for a Windows based, automated performance measurement system. Shortly thereafter INFOVISA became the trust industry's first company to release such a system. ETR (Enhanced Trust Reporting) proved to be a very powerful solution for many users and INFOVISA quickly became a leader in the industry. INFOVISA was the first company to develop a complete Windows based, real-time trust accounting system - MAUI™. MAUI is made up of individual modules providing the user with a customized system to meet their needs. Through a combination of proprietary software coupled with Application Service Provider (ASP) services, clients of INFOVISA are provided with a robust and comprehensive technology solution. Never before has the wealth management industry had such leading edge technology at their fingertips.
Mike Dinges, President