Meyer-Chatfield Invest in Technology with New Resources for Improved Customer Service

JENKINTOWN, Pa., June 12, 2012 /PRNewswire/ -- Meyer-Chatfield, a leading Bank Owned Life Insurance (BOLI) and Executive Compensation Advisory firm continues to reaffirm its commitment with clients by investing in our resources and technology.  Today the firm reveals several key affirmations of their dedication to clients with the announcements of an upgraded online customer reporting portal and an important addition to their technology staff.

Bennett Meyer, CEO of Meyer-Chatfield Corporation, views the two items as a move that enables the company to better service the needs of a growing list of banks and corporations that the firm is working with on a national basis.  "Meyer-Chatfield Corporation and Meyer-Chatfield Administrative Services are constantly looking for ways to maintain our position as a trusted advisor to our many clients.  We constantly reinvest our profits back into developing the most up-to-the-minute technology solutions.  Plus, we place tremendous value on bringing in highly-respected resources that will keep our companies on the cutting edge.  But more importantly, we are committed to providing the most personalized level of service available to keep our clients as up-to-date as possible.

The company recently introduced an upgraded customer reporting portal that enables clients to have easy access for all web-based administrative reports and plan documentation.  "Meyer-Chatfield clients can conveniently gain access to administrative programs for BOLI plans, nonqualified plans and any compensation program that is offered by the company," adds Kelly Walker, Vice President of Technology for the firm.  "We built this proprietary portal so our clients can access all documentation and consolidated reporting on their plans.  Our IT policy adheres to SSAE 16 (formerly known as SAS 70 Type II) compliance as well. But, most importantly our portal is highly usable by clients.  We take a personalized approach to our portal that improves usability for our customers."

Insuring that Meyer-Chatfield maintains their leadership position when it comes to technology solutions, the firm has recently hired a new Enterprise Architect.  Joining the firm is Swam Palani, a highly accomplished IT and development specialist who has a history of creating fully integrated technology solutions that increase productivity and expand profit margins. "Swam's skills and background are ideally suited to meet our growing needs," comments Bennett Meyer.  "Along with being a technology leader, he has extensive experience in the field of BOLI and within the banking industry.  His knowledge of both fields will enable us to quickly and efficiently create and develop IT solutions that our competitors cannot replicate."

Palani joins Meyer-Chatfield from TranUnion where he designed decisioning products that provided enhanced credit reporting tools for all credit related products for banks and retailers.  Prior to this Palani was with Renaissance Bank Advisors after stints at MB Schoen & Associates, Kraft Foods and IBM.  Among his accomplishments are serving as the key architect for the design, implementation and maintenance of a proprietary industry-leading COLI audit reconciliation system.  Palani also successfully migrated an Oracle-based commission accounting system that integrated into an existing Policy and Plan Administration System. This solution enabled his company to better service a large client list.  Meyer adds, "These moves support our ongoing efforts to reinvest our profits back into the features and people who will best meet the evolving needs of our clients.  Our portal is designed to provide optimal performance for our clients, while the addition of Swam Palani provides us with the vision we need to be the clear cut technology leader in our industry."

About Meyer-Chatfield

Meyer-Chatfield is based in suburban Philadelphia, with 16 offices across the country to service clients in 44 states.   We are comprised of three different companies: Meyer-Chatfield Corporation, Meyer-Chatfield Compensation Advisors and Meyer-Chatfield Administrative Services, each designed to provide our clients with superior programs and excellent service.

During the last 20 years, Meyer-Chatfield has grown from a highly-respected BOLI (Bank Owned Life Insurance) specialist to a comprehensive solutions company.  We work with C-level executives in the banking industry and their Boards to create unique earning opportunities, craft compensation programs and develop turnkey administrative solutions that work. 

Contact: Bill Kopco
Vice President, Marketing
Phone 215-935-1194
Email: [email protected]

SOURCE Meyer-Chatfield