-- Eastern Point Trust Company, a leading trustee and administrator of Qualified Settlement Funds (QSFs), unveils its enhanced QSF account reporting functionality, now seamlessly integrated into its proprietary TrustWare® platform. This cutting-edge upgrade strengthens Eastern Point’s commitment to innovation by providing its clients with pioneering, fully compliant, and user-friendly solutions.
QSF 360 is the only QSF solution providing fully compliant Principal and Income Act reporting, ensuring precise allocation and tracking of principal and income components in accordance with trust accounting standards. The enhanced functionality also includes streamlined cash flow accounting with running account balances, offering clients real-time, transparent insights into their fund activity. These advanced features are fully integrated into TrustWare®, Eastern Point’s proprietary technology platform, designed to simplify and optimize QSF administration.
“The integration of our enhanced reporting capabilities into TrustWare® represents a next step in QSF administration,” said Rachel McCrocklin, CTRO at Eastern Point Trust Company. “By combining fully compliant Principal and Income Act reporting with intuitive cash flow accounting, QSF 360 empowers our clients to manage their QSFs with unmatched clarity, efficiency, and confidence.”
This upgrade solidifies Eastern Point’s leadership in the industry, offering law firms, claimants, and fiduciaries a powerful, technology-driven solution for QSF management. The new functionality is now accessible to all Eastern Point Trust Company QSF clients through the TrustWare® platform.
For more information about Eastern Point Trust Company’s QSF services, visit www.easternpointtrust.com or contact [email protected].
About Eastern Point Trust Company
Eastern Point Trust Company is a premier provider of trust and fiduciary services, specializing in the administration of Qualified Settlement Funds. Powered by its proprietary TrustWare® platform, Eastern Point delivers innovative, compliant, and client-centric solutions to meet the complex needs of its clients.
Contact Info:
Name: Rachel McCrocklin
Email: Send Email
Organization: Eastern Point Trust Company
Website: http://www.easternpointtrust.com
Release ID: 89160400
Google
RSS