04:12 PM
Fiserv Debuts eFreedom Annual Statement
Fiserv has debuted eFreedom Annual Statement, a new system for NAIC filing software that is designed for enterprisewide deployment, and which offers enhanced security features. This new .NET solution represents a complete redesign and reinvention of the NAIC filing process for insurance accountants. According to Fiserv, waiting for crosschecks and internal calculations is eliminated with the system, as they are continuously updated "behind the scenes." According to Deborah Hopkins, VP Compliance Solutions for Fiserv Insurance, "The screen designs are based on Microsoft Excel, which is very intuitive to accountants. We've used automation at every turn to eliminate keystrokes, present an array of statements and pages simultaneously, and provide instant access to underlying data elements and formulas."
Anthony O'Donnell has covered technology in the insurance industry since 2000, when he joined the editorial staff of Insurance & Technology. As an editor and reporter for I&T and the InformationWeek Financial Services of TechWeb he has written on all areas of information ... View Full Bio