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More Than 100 Trust Custodians Using SunGard?s Class Action Claims Service via Chicago Clearing Corporation

Wayne, PA (PRWEB) November 28, 2011

More than 100 customers of SunGard?s trust accounting solutions are now actively using SunGard?s Class Action Claims Service, which leverages Chicago Clearing Corporation?s (CCC) securities claim filing service, to help meet their fiduciary responsibilities more effectively and efficiently. The Class Action Claims Service provides integration between SunGard?s trust accounting systems ? AddVantage, Charlotte and Global Plus ? and CCC to help custodians outsource the process of accurately identifying, qualifying and filing class action claims on all securities they hold on behalf of their clients. High Point Bank & Trust, Merchants Bank, and Legacy Trust Company are among the SunGard customers who use the service.

When securities class actions cases are introduced, SunGard customers face a complex, time-intensive and costly claim filing process that typically spans 18 months. Outsourcing the securities claim filing to CCC through SunGard?s trust accounting systems helps reduce these challenges. SunGard?s trust accounting systems provide a comprehensive picture of transaction data and transmit the trade data to CCC. CCC then manages the entire process, from filings through distribution, and sends all proceeds back to the SunGard customer.

Susan Tronti, operations manager at Legacy Trust Company, said, ?We spent countless hours on class action claims before we started using SunGard?s Class Action Claims Service. The service has helped to eliminate many tedious hours of research, paperwork and mailings. With the automatic transmission of data from Charlotte to CCC, which monitors and processes our claims, the task is seamless. It also helps prevent missing a claim filing deadline. As a result, our staff can focus on core responsibilities.?

James Tharin, chief executive officer at Chicago Clearing Corporation, said, ?The next wave of securities class action filings will result in many large settlements emanating from many sources, especially financial firms hard hit by the stock market meltdown from 2007 to 2009. These cases are ramping up quickly and will define the next five-year cycle of class action claims. Settlements will be more complex and include multiple asset types, like mutual funds and corporate bonds. SunGard customers have an opportunity to stay ahead of this wave, meet their fiduciary responsibility to file and help maximize proceeds for their clients.?

Eileen Van Scoy, executive vice president of SunGard?s wealth management business, said, ?With increasing class action activity, accurate and efficient claims processing is needed now more than ever by institutions that trade securities. SunGard and Chicago Clearing Corporation provide a simple solution for this growing problem. SunGard customers have a unique opportunity to help reduce the expense and risk of processing claims on their own, while improving service and building trust with their clients. SunGard and CCC give customers the ability to manage multiple claims at multiple administrators, all through a single source, helping staff focus on their core job ? servicing clients.?

About Chicago Clearing Corporation

Founded in 1993, CCC is the claims filing specialist in securities class action settlements. CCC?s 646 clients ? and more each day – manage over $ 300 billion in assets. Since December of 2008, CCC has recovered over $ 58 million for its clients. CCC serves a wide range of investors, such as bank trust departments, investment advisors, money managers, mutual funds, pension funds, hedge funds, brokerage firms, family offices, high net worth individuals, market makers, specialists, proprietary trading firms and professional traders. No matter the type of investor, CCC has the knowledge and the expertise to maximize client recovery.

About SunGard?s Solutions for Wealth Management

SunGard provides wealth management solutions that help banks, trust companies, brokerage firms, insurance firms, benefit administrators and independent advisors acquire, service and grow their client relationships. We provide solutions for client acquisition, transaction management, trust accounting and recordkeeping that can be deployed as stand-alone products, or as part of an integrated wealth management platform. For more information, visit http://www.sungard.com/thechangingfaceofwealth.

About SunGard

SunGard is one of the world?s leading software and technology services companies. SunGard has more than 20,000 employees and serves over 25,000 customers in more than 70 countries. SunGard provides software and processing solutions for financial services, education and the public sector. SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software. With annual revenue of about $ 5 billion, SunGard is ranked 434 on the Fortune 500 and is the largest privately held business software and IT services company. Look for us wherever the mission is critical. For more information, visit http://www.sungard.com.

Trademark Information: SunGard, the SunGard logo, AddVantage, Charlotte and Global Plus are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.

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USAPaydayForever.com Announces Payday Loans Application Benchmark Reached

(PRWEB) November 28, 2011

According to a financial news article at Yahoo financial news, the world economy is still struggling. In the article it is stated that, ?In the United States, the improving economic picture has clouded somewhat after a mixed batch of economic data and downward revision to third-quarter growth to 2.0 percent doused some of the optimism for a strong fourth quarter. Consumer spending slowed in October and business investment weakened, showing a recovery that remains weak and vulnerable to shocks.? Meanwhile, USAPaydayForever.com has announced that interest in payday loans at their website has risen. They say it is likely related to the sour economy, which they think is causing people to need help with more financial crises.

Regarding the news about the economy and their benchmark with application for payday loans, USAPaydayForever.com has released a statement. In their statement they said, ?Lately, we?ve noticed an influx of people signing up for our payday loans. We take that as a sign that more people are experiencing financial crises probably due the economical struggles being experienced around the world, as well as slow growth here in the United States. While we hope for the situation to improve, we are glad to be here to help people get the payday loans they need for their expenses.?

USAPaydayForever.com has also stated that they think another reason they are getting more applications from consumers for payday loans is because of their recent online marketing campaign. Recently, they have given out several announcements concerning this campaign to promote payday loans. This campaign includes their hiring of an SEO marketer, website copy writer, and adding social bookmarks to their website. They hope that their further education of consumers will continue to help them with their payday loans.

About USAPaydayForever.com ? USAPaydayForever.com is an online company that helps consumers to find and obtain payday loans. For more information about USAPaydayForever.com, please visit their website at http://www.usapaydayforever.com.

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ScImage at RSNA 2011: Celebrate the Image

Los Altos, CA (PRWEB) November 23, 2011

ScImage, Inc. (booth 6022) will be presenting a new paradigm in image-centric health IT, employing a blend of Enterprise PACS with Cloud PACS, together as a managed service. Beyond basic off-site storage, ScImage offers a complete cloud based PACS service for radiology, cardiology, orthopedics or other clinical specialties, including anywhere reporting.

ScImage?s PicomCloud PACS is available in a managed-service model or as a self service, web-vendible image management system. ScImage?s flagship PicomEnterprise can be used in synchrony with PicomCloud, or as an independent, web-enabled enterprise PACS.

The company?s ?PICOM? trademark denotes Patient Information and Communication in Medicine, which expands on the DICOM concept of Digital Imaging and Communication in Medicine.

About ScImage

Founded in 1993, ScImage, Inc. is a privately held company headquartered in Los Altos, California. ScImage is a global leader in the development of advanced medical imaging and workflow solutions for radiology, cardiology, orthopedics, obstetrics and electronic medical record content management. As a true enterprise PACS company, ScImage’s mission is to provide a shared infrastructure solution for all imaging intensive departments throughout the healthcare enterprise. At the center of ScImage’s technology is PICOM, a web service technology that works independent of data types, modalities and departments to seamlessly deliver multi-modality image and information management, multi-PACS archiving, Cloud PACS services, offsite disaster recovery and telemedicine functionality. For more information about ScImage and the PICOM family of products, visit their website at http://www.scimage.com or call 1-866-SCIMAGE.

Contact:

Les Campbell

ScImage, Inc.

(866) 724-6243 x134

les_campbell(at)scimage(dot)com

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Be the first to comment - What do you think?  Posted by - February 2, 2012 at 7:00 am

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Global Hospital Information Systems Market to Reach US$17 Billion by 2017, According to New Report by Global Industry Analysts, Inc.

San Jose, California (PRWEB) November 22, 2011

Follow us on LinkedIn – Adoption of IT is not new to hospital industry with several IT tools already proving their worth in billing and administrative functions. Use of IT in clinical environment however has been restricted over the years, given the sensitive nature of patient information, medical procedures and treatment regimes, all of which can be vulnerable against data losses, or misuse. However, with growing realization of benefits, and rapid developments in technology, IT is slowly making its way even into the clinical set up, especially for capturing and storing patient records, and managing imaging, testing and surgical room procedures.

The need among healthcare providers to transform their legacy systems into advanced information systems by integrating their clinical, business, and technical assets for achieving profitability and offering services targeting fast changing consumer demands, while still maintaining high degree of service quality and efficiency is also driving hospitals to invest considerably in healthcare IT. Information technology allows critical information to be captured and stored electronically, streamlines clinical workflows, facilitates decision making, and monitors public health and therefore regarded as a highly efficient tool for healthcare industry. Several IT systems have therefore found its way into the hospital industry, Hospital Information Systems (HIS) being one among them.

The healthcare industry although resilient to a degree is not immune from the developments in macro-economic environment. Tighter credit market conditions across the world have resulted in increased difficulty in securing finances necessary for capital purchases. Worldwide hospitals and healthcare providers were fraught with reimbursement pressures, lowered direct government spending due to constricted budgets, reduced demand and consumer spending on pharmaceuticals, and healthcare services (as a result of increased loss of corporate health coverage). Tight budgets, lack of credit and finances for capital purchases, declines in philanthropic donations, pushed hospitals and healthcare facilities into curtailing their expenses on the purchase of new equipment and upgradation of information infrastructure. Hospitals remained wary of their IT investments thereby squeezing opportunities for the global Hospital Information Systems market during the 2007-2009 recession period. Despite several benefits stacked in its favor and notwithstanding its sturdy value proposition from a technology standpoint, HIS implementations weakened due to the aforementioned macro economic factors including the general strategy of ?doing more with less? among hospitals. Difficulty in accessing capital from tax-exempt bonds made it difficult for hospitals to sustain profitability during the period, thereby affecting the ability to fund new IT infrastructure and upgrade existing infrastructure, thus throwing deployment of HIS onto the backburner until signs of an economic thaw. As a result, growth in the market hit a trough in the year 2009.

The global HIS market staged a healthy recovery in the year 2010. The resurgence in market was primarily led by various stimulus packages offered by the government to infuse vigor into healthcare segment. The financial incentives given by Governments for adopting technology based innovations and improvements in healthcare also encouraged hospitals, healthcare professionals and other participants to start reinvesting in HIS, thereby driving market growth. Fast paced developments in healthcare sector in developing markets especially China and India will additionally infuse growth in the global HIS market in the short to medium term period. The large underserved market also presents tremendous opportunities for HIS market to tap. For instance, small private practices with about 4-5 doctors are relatively underserved by IT as they often fall short or resources to implement efficient tools for addressing critical data management and therefore presents a perfect opportunity for HIS providers to tap.

The market over the next few years will also benefit from healthcare industry?s focus on addressing huge demand for affordable-yet-quality healthcare services. Increasing costs have left the healthcare service patrons searching for affordable-yet-quality healthcare services. This trend created an urgent need for hospitals and other healthcare providers to re-visit their operational strategies, in order to be effective in catering to changing demands of consumers. With the desire to keep pace with the fast changing consumer demand, hospitals and healthcare providers are fast leaning towards adoption of Hospital Information Systems, which in turn is resulting in an increased number of HIS implementations.

As stated by the new market research report on Hospital Information Systems, Europe continues to remain the largest regional market for HIS. Asia-Pacific represents the fastest growing regional market with revenue from the region waxing at a CAGR of about 11% over the analysis period. Growth in the Asia-Pacific HIS market will be especially driven by growing income levels, improving spending power and the ability to afford quality healthcare services among people, and robust developments in healthcare IT especially in developing markets such as China and India. Clinical Information Systems represents the fastest growing market segment.

Major players in the marketplace include Agfa-Gevaert bv, Akhil Systems Pvt. Ltd., Allscripts Healthcare Solutions Inc., AxSys Technology Ltd., Brunie-Software GmbH, Cerner Corporation, GE Healthcare, Healthland, iSOFT Group Limited, Integrated Medical Systems Pty Ltd., Keane, McKesson Corporation, Medical Information Technology, Inc., MEDISTAR Praxiscomputer GmbH, Philips Medical Systems Nederland B.V, QuadraMed Corporation, Siemens Healthcare, Softlink International Pvt Ltd., Sysmex Corporation, among others.

The research report titled “Hospital Information Systems (HIS): A Global Strategic Business Report” announced by Global Industry Analysts, Inc., provides a comprehensive review of trends, issues, strategic industry activities, and profiles of major companies worldwide. The report provides market estimates and projections (US$ Million) for product segments Non-Clinical Information Systems; and Clinical Information Systems, across geographic markets such as the US, Japan, Europe (France, Germany, Italy, UK, Spain, and Rest of Europe), Asia Pacific (Australia, China, South Korea and Rest of Asia-Pacific), and Rest of World.

For more details about this comprehensive market research report, please visit ? http://www.strategyr.com/Hospital_Information_Systems_HIS_Market_Report.asp

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world’s largest and reputed market research firms.

Follow us on LinkedIn

Global Industry Analysts, Inc.

Telephone: 408-528-9966

Fax: 408-528-9977

Email: press(at)StrategyR(dot)com

Web Site: http://www.StrategyR.com/

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According To Riverview Software Solutions, Winter Storm Season is Almost Here — Broadcasters And Emergency Services Need To Be Prepared


Guntersville, Alabama (PRWEB) November 19, 2011

Riverview Software Solutions provides a software application named “Disaster Resource Navigator” to provide diaster preparedness and assist during disaster recovery efforts.

The Disaster Resource Navigator software application provides an organized method of keeping track of important information and provides quick navigation of local resources offering critical services and supplies such as food, water, ice, shelters, generators and fuel. With the Disaster Resource Navigator, this information is just a mouse click away saving valuable time for the broadcast staff, listeners and viewers.

The Disaster Resource Navigator eliminates having piles of notes to sort through or lose during a natural disaster or emergency.

The Disaster Resource Navigator application is intuitive for radio and TV broadcasters of all levels of experience. Minimal typing is required with only 3 data fields. All data is automatically saved – no buttons to click, just enter the data ?on the fly? and it will be saved automatically.

The Disaster Resource Navigator user interface provides a simple and intuitive interface for the user. Users can click on a category and the Resource List is instantly populated with all resources providing that particular service. Hot buttons are provided for immediate access to the most critical information.

The application includes a U.S. state, county and city database which can be setup for specific defaults and favorites – minimizing the number of items on the drop-down selection lists. Built in category lists are provided and new categories can be added as needed. The software also includes an activity logger to easily comply with FCC reporting requirements.

The software design is based on a “Real Life” scenario. In April 2011, tornadoes devastated many areas in Alabama with a record breaking 53 in one day throughout the state. Riverview Software Solutions is located in the northeastern section of the state where nine of the 53 caused severe damage.

A local FM station operated under FCC emergency broadcast rules for many days and fielded numerous phone calls from the general public, local businesses and other local service agencies. The FM station became a crucial communications hub that helped citizens find much needed supplies and provided the location of resources throughout the area.

Riverview Software Solution?s design team monitored this activity and discovered that after days of taking notes and relaying information, the station staff had so many notes and occasionally, finding the desired information for callers was starting to take a considerable amount of time. There had to be a better way so the Riverview team set out to develop this software application.

Should a natural disaster strike a community in the future, having the Disaster Resource Navigator will be an essential tool for quickly providing information to the public.

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