Home > Blogs > Quadron Data Solutions Announces Integration Enhancements with Laser App Software to Simplify Account Opening for Broker-Dealers

Quadron Data Solutions Announces Integration Enhancements with Laser App Software to Simplify Account Opening for Broker-Dealers

Submitted by Technology Tools for Today on April 28th, 2014


AccountQ™ and Laser App Anywhere offer mobile capabilities, e-signature support and two-way communication with CRM systems

Quadron Data Solutions™, provider of data management solutions and an affiliate of Fetter Logic, Inc. has added new functionality to its integration with Laser App Software, the leading provider of forms automation and management software for the securities and insurance industries.

The enhancements further streamline the account opening process to speed new client onboarding for broker-dealers and their advisors. Additional integration enhancements include straight-through processing, reduction in not-in-good-order (NIGO) and increased advisor efficiency with mobile capabilities and e-signature support. 

The integration between Quadron Data Solutions’ AccountQ™ product and Laser App’s Anywhere platform arms broker-dealers and financial advisors with a comprehensive, turn-key solution that automates the account opening process via any device with Internet connectivity. Advisors using Quadron Data Solutions and Laser App can now benefit from streamlined workflows that communicate back and forth between AccountQ and Laser App Anywhere, in addition to CRM systems. These workflows translate to seamless account opening for brokerages and direct businesses plus convenient mobile access for advisors, ultimately impacting the bottom line. 

New functionality to the integration comes after updates to both AccountQ and Anywhere. Such benefits include: 

  • Deployment of customized account opening in a short timeframe
  •  Seamless clearing firm compatibility
  • Continuous integration between forms and accounts
  • Fully integrated e-signature functionality
  • Mobility via Software-as-a-Service (SaaS)
  • Open communication with leading CRM systems
  • Single sign-on through SAML 2.0 

David Fetter, CEO of Quadron Data Solutions said, “Since our initial integration with Laser App, e-signatures have become a major industry standard, and that has spurred us to add this in-demand functionality, along with other enhancements, to AccountQ. Broker-dealers continue to stress the importance of having the best technology that not only allows their advisors to be independent, but also helps the firm attract top talent. By partnering with Laser App, Quadron is empowering advisors to be more self-sufficient than ever before while maintaining a heightened level of efficiency. For example, upgrades to automated edit checks and forms bundling have essentially eliminated not-in-good-order (NIGO) for our advisor clients.” 

“Broker-dealers want their advisors to be fully-equipped with best-of-breed technology to conduct business wherever they are, whether it’s with a client, in the office or at home,” added Robert Powell, VP of Sales and Marketing for Laser App. “Account opening has proved to be a tedious and time-consuming task for advisors that broker-dealers are trying to remediate. With the addition of Laser App Anywhere to AccountQ, we are freeing-up time and resources that were previously being dedicated to data capture and re-entry, and transitioning those resources over to strategic client discussions and relationship building that supports the bottom-line of the business.” 

Laser App Anywhere is Laser App’s mobile forms-filling solution that can be used by advisors from any location with an Internet connection. The integration enables Laser App forms to be prefilled and populated with data collected by AccountQ for client onboarding, creating a single, integrated package further facilitating straight-through-processing for advisors. AccountQ and Laser App Anywhere are single sign-on enabled, permitting advisors to log into one of the platforms while instantaneously being logged-in to the other, thus enhancing efficiency. 

In addition, AccountQ now features two-way data exchange with CRM systems to aid in the processing of client data. Other enhancements include the ability to save forms that are “in progress”, giving advisors the option to start and finish forms at their convenience, further supporting streamlined workflows and flexibility. 

About Quadron Data Solutions
Quadron Data Solutions, an affiliate of Fetter Logic, provides technology-enabled solutions for independent, bank and insurance broker-dealers. The company’s core platform includes DataPro, a proprietary data warehouse which aggregates and normalizes data, and the Q-Suite, a set of comprehensive solutions that provide financial professionals with integrated applications for all of their data management and client reporting needs. The Q-Suite is comprised of: AccountQ, AdvisorQ, ReportQ, ComplianceQ, and EarningsQ. By leveraging data, technology and expertise, Quadron Data Solutions has created innovative and seamlessly integrated business processes and reporting solutions. For more information on Quadron, DataPro and the Q-Suite, please visit www.quadrondata.com. 

About Laser App Software
Laser App Software creates advisor friendly solutions that combine state‐of‐the‐art forms-filling technology with our massive library of over 31,000 industry related forms. Forms are maintained by Laser App so advisors can focus on their clients, rather than filling out paperwork. Founded in 1995 by financial advisor Ed Beggs, Laser App pioneered forms-filling in the financial services industry.  For more information on Laser App, visit www.laserapp.com.

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