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March 2005 |
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New
Product Builder for CAPITAL Package |
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In Brief
We would like to start off the year by
wishing you and your organisation a successful 2005. It is shaping up to be an exciting
one for SyncSoft with many new opportunities and projects underway. In addition to working closely with a number
of existing and new clients on CAPITAL Package migrations, SyncSoft is
continuing to lead the market through its’ ongoing commitment and investment
to R & D. Our dedicated team
are busy working on: Ø
Integrated imaging and workflow Ø
A product builder utility Ø
A new distributive processing
capability known as CAPITAL Business Objects Ø
Multi lingual environments including
traditional and simplified Chinese as well as Korean. For more detailed information on SyncSoft’s
R & D program please refer to end of this page or contact your CAPITAL
Consultant. Client User Group Meetings
In December we held our Annual Management
User Group meeting followed by a cruise and dinner at Melbourne’s Docklands
Precinct. It was great to have
representation from most of our clients and we thank all of them for
participating. The annual meeting provided management from
across our clients an opportunity to: Ø
Share SyncSoft’s business and
technology strategy Ø
Participate in feedback sessions Ø
Network with other providers and
identify potential new process improvements that may reduce administration
costs while improving customer service Ø
Discuss future product development
plans Ø
Hear from Senator John Watson on the
plans ahead for the new parliamentary term with respect to superannuation. During the 2nd quarter of 2005 we
will be holding a Technical User Group Meeting. The meeting will be targeted at expert users and technical
support staff involved with the ongoing delivery of administration services
and CAPITAL support. If you are interested in attending please
register by forwarding an email to karen_deangelis@syncsoft.com.au
New Product Builder for CAPITAL Package
The CAPITAL Package has proven itself to be
a flexible, configurable and high volume financial services administration
solution and has already been implemented for 10 different products/funds
ranging from Industry Super and Master Trust to Allocated Pensions and Term
Allocated Pensions, Unit Trusts and now Chinese Retirement products. Part of the appeal of the package is its’
rapid implementation and low cost of ownership model. As demand continues to increase for
the CAPITAL Package, both here and overseas, SyncSoft has looked at further ways
of increasing these efficiencies. What
is Product & Expression Builder?
Product and Expression Builder are new user
utilities that allows business users, rather than programmers to: Ø
Create New Business Products Ø
Manage Product Configuration Ø
Copy Whole Business Products Ø
Create Standard Letters Ø
Create and modify Workflows in
CAPITAL’s new Workflow System Ø
Create and modify formulae, such as
Benefits, Fees and Commissions. Unlike simple parameterised rule systems, these new tools have an extremely powerful but very simple script that allows loops, conditions and access to system data (without the need to understand CAPITAL’s data structures). SyncSoft’s Product and Expression Builder
are currently being trialed by SyncSoft and are expected to be generally
available to clients towards the end of 2005. CAPITAL Business Objects
CAPITAL Business Objects (CBO’s) exposes CAPITAL’s existing
business processes in a programmer-friendly way to a clients’ Web User
Interface (.NET/Java) or other third part applications. Regardless of the access method utilised, CBO’s ensure that
the same set of business rules are utilised. This means that the exact same results will be achieved
and that the cost of maintenance and support is significantly reduced, as
there is only one set of programs, rules and formulae. Other Initiatives
As with previous years SyncSoft continues to devote
significant R & D. Some of
these initiatives include: Ø
ATO Supermatch facility Ø
Net Redemptions functionality Ø
Adding and terminating employees
through STP Ø
Catapult Q2/05 - is technology that
uses multi processors to reduce batch-processing times Ø
Workflow/Imaging Q2/05 - increases
administrator productivity through integrated workflow and imaging in
CAPITAL, reducing administrator keying, errors and tracking as well as reduce
cost of 3rd party software Ø
Web Q2/05+ SyncSoft is supplying a set of web screens
that addresses all typical employer and member workbench transactions. The screens are configurable for
brand, field presence/location etc. For more information on the features and
functionality currently supported by CAPITAL please contact your Account
Manager or Karen De Angelis on +61 3 9837 1411. |
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