About Marlborough Stirling and The Exchange
The Exchange was acquired by Marlborough Stirling in 2001 to realise the benefits to intermediaries and product providers of integrating the Exweb portal with Lamda, Marlborough Stirling's policy administration system used by product providers. This integration provides straight-through processing (STP) on a single integrated technology platform through Exweb – the UK's most heavily used intermediary trading platform.
This enables new business transactions and policy valuations to be administered electronically with little or no manual intervention, data being entered once and transferred seamlessly between processing systems.
This can help intermediaries and providers to reduce costs and improve customer service by increasing efficiency and speeding up sales and servicing processes.
Ron Sandler, in his review of the medium to long-term retail savings market said: “A key challenge is to make end-to-end electronic processing of transactions the norm in the industry, in particular, fully electronic interfaces between advisers and providers.”
The demand for STP has been so great that The Exchange is now integrating Exweb with the processing and administration systems of a wide range of providers, regardless of whether or not they use Marlborough Stirling's Lamda platform.
To enter the competition just answer the question on the entry form on the right and send your answer and contact details by email to email@example.com or fax the form to 01932 586 226.
The closing date for entries is May 20, 2004 and the winner will be chosen at random from all correct entries on May 25, 2004.
Terms & Conditions
No purchase is necessary.
The competition is open to all UK-registered IFAs aged 18 or over.
Marlborough Stirling and The Exchange's employees and their immediate families may not enter the competition.
No more than one entry per person.
By entering the competition the entrant agrees to be bound by these rules.
The deadline for entries is May 20, 2004.
The winner will be selected at random from all the correct entries on May 25, 2004.
Marlborough Stirling will attempt to contact the winner by June 8, 2004.
Marlborough Stirling reserves the right to select an alternative winner if the original winner cannot be contacted by June 8, 2004.
Entry to the competition requires IFAs to provide an answer to the question together with their contact details including postal address, telephone number, fax number and email address.
Entries should be sent to Charlie Musson via email firstname.lastname@example.org or fax: 01932 586 226.
Marlborough Stirling reserves the right to disqualify incomplete entries. No responsibility will be accepted for entries lost of delayed. Proof of emailing or faxing will not be accepted as proof of entry.
The competition prize is a PDP – 42WV1 series plasma display and a DC-TS3000 Sanyo surround-sound system.
There is no cash alternative.
Details of the winning entry can be obtained from Charlie Musson (PR manager) on 01932 586 343.
All competitors' personal information collected through this competition shall only be used in the conduct of the competition and shall be deleted as soon as practicable after the winner of the competition has been selected.
The promoters are Marlborough Stirling Group plc and Exchange FS ltd, Allen Jones House, Jessop Avenue, Chelten-ham, Gloucestershire, GL50 3SH