McCamish Systems Releases BPAOnline.com, Offering Benefit Plan Information for Clients and Plan Sponsors

ATLANTA--(BUSINESS WIRE)--August 29, 2000--McCamish Systems, a leading independent provider of business-to-business administration services and benefit plan recordkeeping solutions for the financial services industry, is pleased to announce the deployment of another addition to their suite of online capabilities.

The new Internet capability at www.bpaonline.com enables McCamish’s clients and their plan sponsors to access their Non-qualified Benefit Plan Administration (BPA) records online.

The award-winning web site provides access through a highly sophisticated Internet application using secure data encryption. Clients and sponsors can log in to the main site or to a site customized specifically for the client, to execute a wide variety of transactions and requests over the Internet.

BPA Online.com enables users to access critical plan information online, such as base system reports, custom data extracts and downloadable forms. The user needs are satisfied in real time, without reliance on clerical processing or human intervention.

Upcoming enhancements to BPA Online.com include an online policy asset administration feature that enables remote data load and update functions.

McCamish Systems’ VPAS® (Variable Products Administration Systems) business solutions deliver rapid deployment and client-specific functionality for the administration of their clients’ unique product lines. McCamish clients use these administration solutions through remote, leased or BPO (Business Process Outsourcing) environments.

The VPAS® family of products currently provides rapid customization of administration support software for new and existing clients desiring to market Corporate-owned Life (COLI), Bank-owned Life (BOLI), Variable Annuities (VA), Variable Universal Life (VUL), Private Placement Life and Annuities or the newest Non-Qualified Benefit Plans.

Empowering McCamish clients with the time saving value of direct online access reduces the potential for human error and enables McCamish customers to maintain a position on the leading edge of administrative services. McCamish is one of the first of its kind to implement direct, real time access through the Internet for financial services clients and their plan sponsors.

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For more information about McCamish Systems, please contact our Sales & Marketing group at Solutions@McCamish.com or call 800.366.0819.