Products March 26, 2004

Envisage Releases Enveritus Version 3

March 26, 2004 (PLANSPONSOR.com) - Envisage Information Systems, LLC has released the third version of its Enveritus Financial Access Software (eFAS).
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Enveritus is a configurable Web presentation tool designed to give Third Party Administrators (TPAs) a suite of Web sites, which provide their plan sponsors and plan participants an easy-to-use window into their investments, according to a news release.   Version 3 adds to the product by providing:

  • statement on demand
  • online enrollment
  • a financial consultant site
  • graphical displays for re-allocation
  • targeted e-mails to participants
  • automatic Web site postings
  • drill down review of participant’s activity for a login session.

In addition to the Web sites for plan sponsors, plan participants, TPAs, and financial consultants, Enveritus also has a suite of Remote Data Connectors (RDC).   These technologies provide interfaces into recordkeeping systems and TPA databases for real-time and secure data.   Envisage also has plans to release software designed specifically for back-office automation of recordkeeping, the release said.

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