Advanced Software Concepts Inc.

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235 Terence Matthews Crescent, Suite 200
Ottawa, ON K2M 2B3
Canada
About Advanced Software Concepts Inc.
  • Advanced Software Concepts' Account Open software effectively eliminates the need for a paper and manual intensive process of opening a retail brokerage account. With a front end solution that seamlessly integrates with your Back Office, return on investment (ROI) is achieved through savings in paper and optical storage costs, courier costs, time to open accounts/significant reduction in “spin” and reduction in regulatory and reputational risk based on workflow and business rules which ensures information is collected and submitted correctly the first time.

    Opening a new account creates a contractual relationship with a client and involves completing one or more forms and capturing the client's signature. Investment Advisors of your organization have to deal with upwards of 100 different forms, each with well defined set of terms and conditions, various optional clauses to be included or excluded depending upon the applicant's situation and a well defined work flow.

    Working with leading financial services companies ASC examined the account open process and applied the Contract Management functionality present in ASC Contracts™ to automate many of the account open processing steps. The resulting industry-specific Contract Management solution, ASC Account Open, can be used by financial services in any situation where a new contractual relationship is created with a customer.
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