ASP Services
ACE may
be accessed through The Nowel
Group’s ASP services. The
Nowel Group operates as an application service provider
for those companies that prefer to access our AIMR/GIPS Compliance
Engine using standard protocols such as HTTP rather than installing
the system in-house.
As a vertical market ASP, The
Nowel Group specializes in providing a full spectrum
of services to companies looking for a GIPS composite system
that includes data transfer procedures, data updates, on-line
self-service updates and maintenance, reporting, and on-going
enhancements to the system. In addition, The
Nowel Group contracts with the client to provide technical
and service support that coincides with their time zone and
reporting cycles.
Selecting ACE as
an ASP significantly reduces the licensing fees and on-going
maintenance costs of a system that provides all of the functionality
of other systems that require an on-site installation and the
continuing use of company resources. There is a one-time
installation cost and continuing quarterly maintenance fees
for the system. There may be an adjustment to fees based
on the customer’s asset base or account size.
The ASP environment is a secure data repository segregated
for each client with full back-up and data redundancy. The
Nowel Group also manages the entire file transfer protocol
(FTP), customized to each client. The
Nowel Group owns and operates the ACE software application
and maintains the serves that support the software. All
information is available via the internet through a web browser
using HTML.
Choosing ACE through an ASP arrangement offers the client
a number of advantages:
- Elimination of software integration issues
- Software costs are borne by many clients
- Business and technical expertise is specialized and readily
available
- The system is kept up-to-date and is maintained by the
designers
- Service levels are negotiated for each client
- IT costs are contained and predictable
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