When the pandemic took hold and traditional paper-based process proved to be cumbersome for Carter and its partners, the company decided to adopt an efficient straight-through investment process as it shifted operations virtually. According to AIX, the average amount of time paper-based processes eat up is approximately six weeks – from the time an advisor initiates an order to when clearing and settlement are complete. With AIX, officials said it has streamlined the process to as little as 72 hours. It also helps eliminate costly errors.
Published: May 6th, 2021