TMCnet News
LifeStatus360 Launches Next Generation Compliance SolutionCONCORD, Calif., Jan. 19, 2018 /PRNewswire/ -- LifeStatus360 is pleased to announce the introduction of the new regulatory compliance system, Pinpoint360, which uses our C3™ process. This process ensures that customers receive clean data, current data and complete data before using the new Pinpoint360 technology. Pinpoint360 is a regulatory compliance solution developed to address the Department of Labor's focus on locating missing pension plan participants to meet fiduciary requirements. "The numerous conversations and meetings with the Department of Labor have been highly beneficial," said Chris Scaramastra, President of LifeStatus360. LifeStatus360's new regulatory compliance system works conjunctively with the company's leading audit solutions to ensure customer fiduciary responsibility as required by the Department of Labor auditors, as well as federal and state government entities. Using the C3™ process, this latest technology provides unobscured data utilizing the full scope of the company's data sources, which include Obit60 and LifeStatus Proprietary. As a leader in the death audit industry, LifeStatus360 is dedicated to providing complete solutions that integrate the latest technology with the highest level of security. With Pinpoint360 and the C3™ process, LifeStatus360 casts a digital net to deliver participants' digital footprints, including: identification of participants and beneficiaries, clear and concise PII data elements, location targeting for missing participants, data quality analysis and a Statement of Compliance, which outlines the search steps taken to locate plan participants. "Pinpoint360 is our latest solution that allows our customers to Communicate and Connect with their participants," says David Wiley, Director of IT at LifeStatus360. About LifeStatus360: LifeStatus360 delivers innovative, comprehensive data compliance solutions, and is the first company to provide a continuous death audit service with daily results. Our solutions support the pension, financial, insurance and government fiduciaries, as well as a wide variety of other industry segments. LifeStatus360 solutions reduce fiduciary risk and maintain compliance with federal and state regulations and requirements. Contact: Chris Scaramastra
SOURCE LifeStatus360 
|
View original content with multimedia: