NEW YORK, Oct. 11 /PRNewswire-FirstCall/ -- ADP Information Distribution
Services, a division of Automatic Data Processing's (NYSE: ADP) Brokerage
Services Group, announced the international availability of its comprehensive
document management and workflow services. These services are fully
established and market-proven in North America.
(Logo: http://www.newscom.com/cgi-bin/prnh/20021125/NYM018LOGO )
The ADP service offers comprehensive processing capabilities including
electronic document workflow and routing for areas such as new account
opening, client agreements and compliance. The service provides multiple
channels for the ingestion of physical and electronic documents, and includes
secure hosting for efficient storage, indexing and retrieval. A complete
processing operation can be delivered on an outsourcing basis and includes
document review and quality control.
Another part of the service is supplied via ADP's PostEdge e-delivery
solution which provides fast and secure delivery and storage of electronic
documents such as transaction confirmations, account statements, daily reports
and tax documents. This service has been proven in the US to significantly
reduce print, postage and distribution costs.
"Our services have been proven to deliver cost and risk benefits, while
enabling our customers to provide the highest levels of service to their
clients," said Gerard Scavelli, General Manager, ADP Information Distribution
Services. "We are confident that they will be well-received in the
international marketplace, and we are committed to supporting them with
world-class standards of service," he added.
ADP's document management and workflow services were launched in North
America in 1999, where they are now used to address a broad range of business
requirements including new account applications, confirms and statements,
pension plan applications, tax documents, online trading agreements and share
purchase plan agreements.
ADP has already gained its first European customers for the PostEdge
platform.
About ADP Brokerage Services Group
As the premier provider of transaction services to the financial industry,
ADP has the capacity and technological expertise to assist its clients in
differentiating themselves in the marketplace. ADP brings to financial
intermediaries advanced, integrated systems for securities processing, desktop
productivity and investor communication services, all focused on providing
solutions for straight through processing and World Class Service.
ADP, with $7.8 billion in revenues and approximately 550,000 clients, is one
of the largest independent computing services firms in the world. For more
information about ADP Brokerage Services Group, please visit our web site at
http://www.bsg.adp.com and for other ADP services and investor information,
please visit http://www.adp.com.
Press Contacts:
Mike West Dorothy Friedman
ADP Brokerage Services Group ADP Brokerage Services Group
+44 207 551 3224 (International) +1 212 918 6920 (U.S.)
Mike_West@adp.com Dorothy_Friedman@adp.com
SOURCE ADP Brokerage Services Group
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Related links: http://www.bsg.adp.com http://www.adp.com
Photo Notes:http://www.newscom.com/cgi-bin/prnh/20021125/NYM018LOGO
CONTACT: Mike West, International - +44-207-551-3224, Mike_West@adp.com, or Dorothy Friedman, U.S. - +1-212-918-6920, Dorothy_Friedman@adp.com, both of ADP Brokerage Services Group
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