News
EISI Launches NaviPlan Central to Deliver Hosted Financial Planning Platform
ASP Format Opens New Doors for Small- and Mid-Size Financial Planning Firms
Winnipeg, MB - January 26, 2005: Emerging Information Systems Inc. (EISI), developer of NaviPlan financial planning software, today launched NaviPlan Central, an Application Service Provider (ASP) platform. The new platform makes NaviPlan software available on a hosted server with a centralized database, and powerful business and compliance tools.
“NaviPlan Central is a secure, low-maintenance, and cost-effective service for small- and mid-size firms that need to fully develop financial planning and compliance capabilities but don’t want to build and maintain an in-house technology infrastructure,” said Dr. Mark Evans, President and CEO, EISI.
NaviPlan Central gives financial planning firms access to management reports and workflow controls in a secure environment to effectively manage compliance issues. For advisors, NaviPlan Central leverages the power and flexibility of NaviPlan Standard financial planning software. The newest release of NaviPlan Standard offers dramatic ease-of-use updates, including a Financial Assessment that can be completed in less than five minutes and that is fully integrated with three levels of planning. With NaviPlan Central, firms can specify a level of planning for each advisor, based on their needs and skill sets. An incremental approach to introducing software enables firms to effectively manage transition and, in the end, have high advisor adoption.
In addition to online planning (while connected via the Internet), a NaviPlan Central subscription includes NaviPlan Standard Offline, which can be installed locally on advisors' desktop or laptop computers. The Check-in/Check-out feature in NaviPlan enables advisors to download (check-out) plans from the centralized database to work offline, and later upload (check-in) updated and new plans. Both formats have virtually identical user interfaces, so firms can start with Offline software and later subscribe to NaviPlan Central without additional advisor training.
“As participants in the NaviPlan Central pilot program, we were immediately impressed with the platform’s wide appeal,” said Maria Snelgrove, Senior Manager of Wealth Planning with Loring Ward. She added, “The new Financial Assessment in NaviPlan Standard was well received by advisors because they can complete a needs analysis in short order. Our management team was very impressed by oversight capabilities available through workflow controls and management reports.”
Entering, storing, and transmitting data via NaviPlan Central is seamless and secure. NaviPlan Central uses the same, industry-standard protocol to encrypt and safely transmit data via the Internet as is used by leading financial service providers and banks. Financial plans and client data are backed up nightly.
Additional NaviPlan Central features include: entitlements that enable firms to specify the level of software available to each advisor; data imports from Albridge Solutions; Ibbotson Associates asset allocation components; and advisor-to-advisor collaboration.
For more information on NaviPlan Central, visit NaviPlanFinancialPlanningSoftware/Products&Solutions/NaviPlanCentral.
About EISI
Founded in 1990, EISI is a pioneer in developing productive software solutions for financial advisors. Its staff of 240 professionals is solely committed to the NaviPlan product line, which is licensed to more than 70,000 financial professionals and customized for more than 40 financial institutions across North America.
The NaviPlan suite of software addresses the full spectrum of wealth management concepts. Its fully integrated and modular design makes NaviPlan a powerful yet flexible planning tool for advisors serving all segments of the financial services market.
Contact:
Cindy Bennett
Director, Marketing
Emerging Information Systems Inc.
(888) 692-3474 ext. 3121
cindy.bennett@eisi.com
