TRUSTprocessor - Interfaces

Interfaces extend the efficiencies of automation beyond the scope of any single software product. By transferring information electronically, you can save data entry time and eliminate the potential for errors.

Interface Experience. We have experience in building interfaces with a large number of companies and government agencies.

Below is a list of standard interface modules available to add onto the TRUSTprocessor core system:

• 5227 Interface exports annual summary information for each CRUT or CRAT account to the software provided by 5227 Tax Systems, Inc. Their software is maintained by a strong group of CPAs that specializes in non-profit tax returns.
   
• ACH Interface exports payments in two formats: the standard NACHA format, and a simpler format designed for internal input to a bank’s system.
   
• Broadridge Proxy Interface imports a list of CUSIPs involved in upcoming mailings and exports a list of beneficial owners to receive the mailings. Broadridge (formerly called ADP) offers electronic efficiency for the entire proxy process.
   
• Crescendo Interface exports annuity, donor and beneficiary information to the Crescendo Gift Annuity module. Crescendo offers planned giving software that is a fine complement to TRUSTprocessor. Their calculation of the expectancy multiple for Charitable Gift Annuities is especially useful.
   
• Interactive Data Interface imports pricing, dividend announcements and quality ratings from Interactive Data Pricing and Reference Data. This interface seamlessly triggers transmissions using their Remote Plus service, and automatically imports the electronic file that is received.
   
• ONESOURCE Interface exports client information, transaction activity and positions for preparation of 1041, 5227, Schedule K-1 and other state/federal forms. Once the data is transmitted, you can choose whether to prepare the forms yourself using the ONESOURCE Trust Tax software or let the Thomson Reuters staff prepare the forms for your review.

Other interfaces in our development queue:

• Investment Scorecard Interface – exports transaction activity and positions to Investment Scorecard’s performance measurement service. Informa Investment Solutions offers both web and paper reporting formats.

In addition to these standard interfaces, we have vast experience in writing custom interfaces. Our custom development service includes:

• communication with technical staff at the partner company
• assistance with analysis and design
• software development
• helping your staff with procedures for the new program