Webline has extended its data integration service with technology suppliers 1st. The adviser portal already provides two-way data integration services with back office systems.
The expanded facility now allows the 11,000 users of 1st’s Adviser Office to pull across additional data such as quotations, comparisons, commission reconciliation and new business tracking from the Webline platform and save it directly in their back-office system.
Once the business process is complete the entire audit trail relating to the quotation and e-submission process is automatically logged behind the client record with the aid of a wizard created by 1st thereby generating all the relevant documentation required to satisfy compliance needs.
Paul Holland, executive chairman of Webline, says: With the arrival of new regulations and in particular online FSA reporting, there is increasing pressure on intermediary firms to manage and streamline data in an efficient and accurate way. The extended service between Webline and 1st will enable Adviser Office users to streamline their business processes, reducing the need for manual data entry and ultimately minimising potential errors.
1st users can now choose to import a broad section of information from the Webline system and have it saved seamlessly in their back-office. For example, quotations, product comparisons, personalised illustrations, key feature documentation as well as e-submissions. We are confident that this innovative service will be really attractive to many firms wanting to cut down administration and reduce errors.
1st last week launched the fourth major version of its adviser software solution Adviser Office: Accelerating E-Business.
Incorporated within the Adviser Office product is 1st Services a data and processing centre which delivers ecommerce services through a single integrated point of contact provided and managed by 1st.
Rory Curran, executive chairman of 1st, says: We believe the closer integration of adviser ecommerce services plays a vital role in helping intermediaries get the best out of technology, reducing the need for manual processes as well as the risk of errors. We are delighted that the two-way data integration has already proved so popular with our users and the expanded facilities are bound to be very much appreciated.