iPipeline Acquires AlphaTrust

Business Wire

Acquisition Integrates PRONTOSign eSignature and Document Process Automation into Leading Platform

EXTON, Pa.--(BUSINESS WIRE)-- iPipeline® – a leading provider of cloud-based software solutions for the life insurance and financial services industry – today announced the acquisition of AlphaTrust, an expert and global leader in electronic signature process automation solutions. Since 1998, AlphaTrust has provided its eSignature and document process automation technology to some of the world’s most trusted brands.

AlphaTrust’s PRONTOSign™ is a next-generation eSignature and document process automation platform. PRONTOSign™ automates the creation of legally enforceable, permanent business records, which are the commercial and legal equivalent of paper records. The solution creates electronic signatures that comply with applicable laws and regulations around the world.

“Digital transformation is drastically altering how the life insurance and financial services industry thinks about eSignature. Paper is undergoing an obsolescence, rapidly being replaced by automated solutions that meet the expectations of today’s digital customers,” said Tim Wallace, CEO, iPipeline. “The acquisition of AlphaTrust enables us to tightly integrate eSignature and document process automation into our platform for the industry. PRONTOSign™ will meet our customers’ immediate needs while being flexible enough to accommodate emerging business requirements and integrations. We expect to make PRONTOSign™ the industry standard within the next year.”

“The AlphaTrust acquisition immediately provides iPipeline’s customers with new levels of flexibility and control. While competing products offer a single workflow to secure an eSignature, PRONTOSign™ can accommodate the more complex and robust document workflows used in the life insurance and financial services industry,” said Bill Brice, CEO, AlphaTrust. “We process millions of critical business transactions each year, and our solution can be deployed in a data center, embedded as part of a technology stack, or used as a service, with public and private cloud options. Customers seeking customization, rapid scalability, and strong support for application connectivity and integration will achieve more control, predictability and speed as they digitize and automate various document and signature processes with PRONTOSign™.”

“Our ability to successfully execute strategic acquisitions allows us to continue to deliver the industry’s most extensive offering to meet the needs of agents, advisors and their digital consumers,” said Larry Berran, COO & CFO, iPipeline. “AlphaTrust brings document process automation and eSignature solutions that are fully compliant with North American, European and various Asia Pacific laws and regulations. Importantly, we can now embed eSignature directly within our applications and customers will immediately benefit from faster performance, tighter integration, and more control of their branding while remaining in compliance with specific industry standards, including those for insurance, financial services, and banking.”

To learn how you can explore PRONTOSign™ eSignature and document process automation as part of a comprehensive platform to gain speed-to-market advantages, contact [email protected] today.

About AlphaTrust Corporation

AlphaTrust is an expert and global leader in electronic signature process automation solutions. We are trusted by some of the largest enterprise and technology service provider companies worldwide. Our solutions easily integrate with existing applications and business processes enabling high volume, document process automation to reduce costs and dramatically improve the overall customer experience while adhering to strict regulatory and compliance requirements. Through continuous innovation since 1998, we are delivering the most cost effective and advanced embedded and cloud-enabled eSignature solutions on the market. To learn more, visit www.alphatrust.com and follow us on Twitter, LinkedIn and Facebook.

About iPipeline

iPipeline is a leading provider of cloud-based software solutions for the life insurance and financial services industry. Through our SaaS-based new business acquisition platform, we accelerate and simplify sales, compliance, operations and support. We provide process automation and seamless integration between every participant in the financial services industry including carriers, agents, general agencies, advisors, broker-dealers, RIAs, banks, securities/mutual fund firms, and their consumers. Our innovative solutions enable automated processing for pre-sales, new business and underwriting, policy administration, point-of-sale execution of applications, post-sale support, data analysis, reporting, consumer delivery and self-service, and agency and firm management.

iPipeline provides the process automation and seamless integration needed on a global basis to make a sale by aggregating more than 130 carriers, 1,300 distributors and financial institutions, and their agents and licensed advisors in a cloud-based environment. With headquarters in Exton, Pennsylvania, iPipeline has locations in Bromley (UK), Cheltenham (UK), Dallas, Fort Lauderdale, Huntersville, Ontario (CA), Philadelphia, Pleasanton, and Salt Lake City. Visit us at www.ipipeline.com.