For release: 13 Dec 2007
EDS SOLCORP Selected by PPI Financial Group
WealthServ Insurance to support independent Associates across Canada
TORONTO, Ontario – EDS SOLCORP today announced it has signed a contract with PPI Financial Group (PPI) for the licensing of the WealthServ Insurance solution.
PPI, with its marketing offices in major cities across Canada, provides the tools, training and support to enable its Associates to service their clients with innovative and customized solutions.
"We found WealthServ Insurance provided the best solution for consolidating the information from our various back-office systems," said Jack Brown, vice president, Marketing Resources and Technology, PPI Financial Group. "Through a single user interface, PPI will be able to access real-time information from any Internet enabled computer."
"The solution at PPI will be Canadian Insurance Transaction Standardization (CITS) ready and enable the centralized administration of their business," said Alex Sweeny, vice president, Strategic Business Development, EDS SOLCORP. "Using WealthServ Insurance and being directly connected to their suppliers by using CITS standards, will improve overall efficiency, reduce the cost of administering business, and result in greater revenues for PPI."
With WealthServ Insurance, EDS SOLCORP’s web-based enterprise system, organizations can complete and send applications and forms, track business in real-time, and view and administer in-force business through a single interface. WealthServ is fully compliant with legislation protecting personal information and regulating electronic documents in the United States and Canada.
About the PPI Financial Group
PPI Financial Group is one of Canada’s largest marketing general agencies (MGA) and is dedicated to meeting the needs of specialized independent life insurance professionals with innovative, often customized, insurance and financial products. Founded in 1978, PPI specializes in helping their Associates serve the corporate and high net worth client markets. Visit them at ppi.ca.
About EDS SOLCORP
EDS SOLCORP, a global business unit within EDS, is a leader in software solutions and services for the life insurance and wealth management industries. For 25 years, EDS SOLCORP solutions have helped customers reduce their total cost of administration, accelerate time-to-market for new products, and streamline their infrastructure.