Being deeply involved in the fintech industry for nearly two decades has led me to recognize several key realities that shape the landscape. One of the most significant insights is how challenging it is for customers to keep up with the rapid changes and advancements. Companies like DDW are agile, constantly evolving, and always pushing the boundaries of innovation. They regularly introduce new features and enhancements that showcase the cutting-edge capabilities of a forward-thinking software company. So let's take a moment to get updated on an exciting release and all the features you might have missed!
Major Enhancements
Digital Delivery of DDW's Carrier Scorecard:
Featuring the Service Strength Score. The service Strength Score is a unique, critical component to DDW's Carrier Scorecard. DDW is the only company offering forward looking components to providing insight on a carrier. The Service Strength Score details a score based on a carriers Responsiveness, Product, Technology, Partnership, and In-Force Client Servicing. DDW's goes beyond just focusing on financial strength because BOTH are just as important.
Reasonably Available Alternatives EASY Button:
DDW leverages our deep quantitative and qualitative research and due diligence to power reasonably available alternatives across ALL product categories. The easy button enables advisors with a 1 click side by side comparison view of similar products in the product portal comparison module and embeds this new feature into the Reg-BI Wizard. Advisors can complete Reg-BI documentation with Reasonably Available Alternatives in minutes with transparent rationale to why the reasonably available alternators are well.... reasonable.
Product Shopping Carts:
The DDW shopping cart feature leverages the DDW product portal and can be configured for a firm’s complete product shelf so advisors can compare and research products across all types, in one portal. The shopping cart feature makes it easy for advisors to view side by side comparisons across several different product types, viewing all aspects of client needs, protection and proprietary DDW due diligence scoring.
Personalization:
In today’s world, everyone expects personalization. It's hard to find an article or attend a conference in this industry that excludes a major focus on personalization. For firms with lots of unique advisors, this has never been truer. DDW's product portal enables advisors to reskin and setup navigation to a feel that is best for them. Do you prefer vertical or horizontal nav? Light or dark theme? What colors fit your brand? The DDW portal can now be personalized to you in a click. That's even more important today when advisors use numerous types of technology to service the needs of their clients.
Reg-BI and ERISA Wizard Product Search/Display Redesign:
This enhancement is a complete redesign to the structure and display of products in the Reg-BI and ERISA Wizard toolset. DDW now includes its propriety scoring attributes within the user interface making it easier for advisors to pick and choose pre-populated reasonably available alternatives or add/remove products based on a products DDW scoring set. In addition, the database behind the scenes has been significantly expanded to store a deeper set of data attributes teeing up DDW for even more exciting features to the Reg-BI and ERISA Wizard suite.
Other features include:
ERISA Rollover and Reg-BI Wizards Updates: Both wizards are now updated with a one click pre-population feature to go from a shopping cart directly into documentation to include the shopping carts product set and all underlying fees and broker or advisory designations making documentation and fee comparison even faster.
Auto Assign Products: this feature allows an advisor to assign products in a cart to advisory or brokerage which carries over to the Reg-BI and ERISA Rollover Wizard tools