IFS Onboarding, by iPipeline, is a cutting-edge solution designed to streamline client onboarding for Broker-Dealers and RIAs. This product automates and simplifies the account opening process, offering flexible account solutions tailored to meet diverse client onboarding needs, including opening single or multiple accounts and supporting individual clients or entire households. It supports multiple products such as brokerage, advisory, annuity, alternative investments, and direct mutual funds, enhancing the customer onboarding experience. IFS Onboarding is compatible with multiple custodians and clearing firms, including Schwab, TDA, Fidelity IWS, Pershing PAS, Fidelity NFS, and Sungard, ensuring a streamlined workflow. It facilitates efficient money movement by establishing standing banking instructions and funding new accounts with ACH transfers or Security Transfers, supporting various transfer types like ACAT, non-ACAT, and direct mutual fund products. With support for over 50 registration types, IFS Onboarding accommodates diverse client needs while enforcing regulatory compliance, including CARES ACT, Patriot Act, Reg BI, and KYC, alongside firm policies and procedures. The solution integrates banking instructions and leverages core business logic from IFS Asset Movement, optimizing the client onboarding workflow and enforcing necessary account roles for each registration type. Additionally, it offers forms gallery integration to support direct-to-funds products, streamlining the client onboarding experience.

Features:

• Flexible Account Solutions: Tailored solution with flexibility to meet your client onboarding needs, including opening a single account or multiple accounts and supporting a single client or a full household.
• Multi-Product Support: Supports multiple products, enhancing the customer onboarding process for brokerage, advisory, annuity, alternative investments, and direct mutual funds.
• Custodian Compatibility: Supports multiple custodians and clearing firms, crucial for a streamlined client onboarding workflow across Schwab, TDA, Fidelity IWS, Pershing PAS, clearing firms (Fidelity NFS, Pershing Clearing), and self-clearing platforms (Sungard) and more.
• Efficient Money Movement: Offers the ability to establish standing banking instructions and fund new accounts with an ACH money movement or Security Transfer of any variety, ACAT, non-ACAT, Transfer Agent, Direct Mutual Fund, and Banking CD products.
• Broad Registration Support: Supports more than 50 registration types, facilitating new client onboarding across diverse client needs.
• Compliance Assurance: Enforces regulatory compliance – including CARES ACT, Patriot Act, Reg BI, KYC – as well as firm policies and procedures, ensuring a compliant client onboarding workflow.
• Integrated Banking Instructions: Ability to set up standing banking instructions and fund the account(s) with ACH money movement or Security Transfers as part of the integrated IFS workflow.
• Business Logic Funding: Funding transactions leverage core business logic from IFS Asset Movement, optimizing the client onboarding workflow.
• Role Enforcement: Enforces the right account roles required for each registration type for each custodian or system of record, a key component of efficient client onboarding.
• Forms Gallery Integration: Ability to integrate a forms gallery to support direct to funds - Annuity, insurance, and other forms-based products, streamlining the client onboarding experience.