MORRISVILLE, N.C., Jan. 11, 2011 (GLOBE NEWSWIRE) -- iFUND Direct, an Issuer Direct Corporation (OTCBB:ISDR) brand, announced today it has released an update to the highly utilized interactive fund platform (IFP). The IFP is one of the industry's largest collection of 'as filed' Mutual Fund documents, such as Prospectuses, Annual/Semi-Annual Reports, Statements of Additional Information as well as the newly required Summary Prospectus and XBRL (Extensible Business Reporting Language).
The iFUND open platform stores thousands of filings, for hundreds of Mutual Funds - quite possibly the largest collection of data in the marketplace. Currently, individuals looking to invest their hard earned dollar generally rely upon their financial advisor to direct their portfolio. The IFP gives both the advisor and the individual equal real-time access to view documents electronically without cost; then if needed, requests can be made at no cost to have the materials of one or dozens of mutual funds mailed directly to the advisor or individual. Traditional methods generally take several days through back office systems, only to be forwarded to an aggregator in the northeast for processing and fulfillment. The iFUND model alleviates this process by giving brokers, advisors, and investors the ability to obtain materials quicker, while saving industry constituents thousands.
iFUND also offers a branded version of its IFP to Mutual Funds to compliment their marketing needs. The IFP open platform integrates nicely into any Mutual Fund/Advisor website or secure back office platform, storing both as filed Edgar documents and print ready Adobe PDF files.
To learn more about the Interactive Fund Platform please visit: www.ifunddirect.com.
To search for a Mutual Fund today please visit: ifp.ifunddirect.com.
About iFUND Direct and the Interactive Fund Platform:
iFUND Direct is a leading Fund platform that enables both Fund Administrators and Mutual Funds the ability to move regulatory filings into real-time production and internet availability via an intuitive secure web interface. Mutual Fund managers can upload, configure and distribute Annual Reports, Semi-Annual Reports, Summary Prospectuses, Prospectuses, and additional information to investors in seconds with our innovative proprietary technologies that incorporate both Print-on-Demand (POD) and e-delivery (EOD). Each iFUND platform also integrates our XBRL viewers, management workflow reporting and secure hosted document library. To learn more visit http://www.ifunddirect.com.
About Issuer Direct:
Issuer Direct Corporation (ISDR) is a market leader and innovator of regulatory compliance products and services. As an issuer/fund focused company, Issuer Direct alleviates the complexity of maintaining compliance through integrated products and services that help companies produce and distribute their financial and business communications both online and in print. As a shareholder compliance company, Issuer Direct is dedicated to assisting corporate issuers and mutual funds in an ever-changing regulatory environment and to comply with the myriad of rules imposed by regulatory bodies. To learn more visit http://www.issuerdirect.com.
The Issuer Direct logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4547
CONTACT: iFUND Direct
Fund Operations Center
919.744.2722
fundservices@ifunddirect.com
Issuer Direct Corporation
Brian R. Balbirnie
919 481 4000
ir@issuerdirect.com
