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Glossary
ASP (Application Service Provider) - a third-party entity that delivers Web-based applications directly to client desktops.
Bulk Orders - Multiple materials shipped to a single address.
Business Rules - Rules that control how an organization uses data fields, data groups, communications (Web and print) and other components. In the case of NewRiver solutions, business rules are the rules that govern the distribution, consolidation, timing, and packaging of compliance documents in response to account activity (transactions and holdings).
Compliance EnvelopeSM - A NewRiver unique capability to create and maintain electronic versions of the most-current prospectus, annual report, semi-annual report, and Statement of Additional Information (SAI) for a mutual fund.
Compliance GradeSM - A term that describes the state of NewRiver data as being the most-accurate and timely mutual-fund compliance data available.
CUSIP (Committee on Uniform Security Identification Procedures) - The nine-digit alphanumeric security identifiers that the Committee on Uniform Security Identification Procedures distributes for all North American securities to facilitate the clearing and settlement of all trades.
Data Repository - Typically a database, where all data resides.
Direct Mail - Mail orders directed to individual recipients.
Disclosure Management - The ability to record disclosure language, assign which language appears in applicable documents and/or with which applicable funds. It is controlled by a central repository of language and business rules.
Document Templates - Document "shells" that are combined with variable data to create personalized/targeted communications.
EDGAR (Electronic Data Gathering, Analysis, and Retrieval System) - EDGAR performs automated collection, validation, indexing, acceptance, and forwarding of submissions by companies and others who are required by law to file forms with the U.S. Securities and Exchange Commission (SEC). EDGAR permits companies to file electronically with the SEC all documents required for securities offerings and ongoing disclosures obligations. Its primary purpose is to increase the efficiency and fairness of the securities market for the benefit of investors, corporations, and the economy by accelerating the receipt, acceptance, dissemination, and analysis of time-sensitive corporate information filed with the agency.
EnrollCompleteSM - NewRiver's automated print and Web publishing system that makes it practical to deliver custom communications at the plan or participant group level. EnrollCompleteSM combines carefully designed document templates with a rich database of plan logic, fund data, and compliance updates from a central repository.
ETF - An exchange traded fund, or ETF, is a type of investment company whose investment objective is to achieve the same return as a particular market index. An ETF is similar to an index fund in that it will primarily invest in the securities of companies that are included in a selected market index (in either all or a representative sampling of the index).
Filing - An electronic document submitted by the SEC to the EDGAR system.
FTP (File Transfer Protocol) - A client/server protocol for exchanging files with a host computer.
FundPOINT® Data - A NewRiver solution that is the only data feed to source mutual fund data from SEC EDGAR mutual fund filings and that now includes the latest market timing rules.
FundPOINT® Desktop - A Web-based point of sale solution that helps firms manage compliance, improves advisor productivity, and features a Share Class SuitabilitySM tool that creates dynamic share class "scenarios" and generates disclosure forms.
HTML (Hypertext Markup Language) - The language used to create World Wide Web pages, with hyperlinks and markup for text formatting (different heading styles, bold text, italic text, numbered lists, insertion of images, etc.).
HTTP (Hypertext Transfer Protocol or Hypertext Transport Protocol) - The protocol most often used to transfer information from World Wide Web servers to browsers (which is why Web addresses begin with http://).
NASD (National Association of Securities Dealers) - NASD oversees the activities of more than 5,165 brokerage firms, approximately 104,117 branch offices, and more than 660,950 registered securities representatives. Organizationally, NASD reports to the SEC.
NewRiver Fund Fact SheetsSM - A NewRiver solution that automatically publishes investor-profile information, with EDGAR-sourced and Morningstar data, for print or the Web.
NewRiver Intelligent Delivery Services® - A NewRiver solution suite that includes Portfolio-Specific Printing and Prospectus Express.
NewRiver MicrositesSM - A NewRiver solution that enables plan providers to automatically deploy and brand plan-specific websites.
POD (Print-on-Demand) - Print that is driven by demand (e.g., printed only when needed) and personalized to meet the needs of the particular audience at the time of print.
Portfolio-Specific PrintingSM - A NewRiver solution that enables financial firms to give investors more relevant disclosure documents tailored to their individual investment holdings for less cost.
POS - Point of Sale, referring to any activity conducted during a mutual fund sales transaction.
Prospectus Express® - A NewRiver solution that enables financial firms to provide disclosure documents cost-effectively over the Web throughout the investor life cycle.
Regulator - An agency formed by law that has a legal responsibility to oversee certain private investment activities. The two primary regulators overseeing the markets for which NewRiver provides solutions are the SEC and NASD.
RFID (Regulated Financial Information Document) - The combined set of financial documents (Prospectuses, Annual Reports, Semi-Annual Reports, Statements of Additional Information (SAI), Fund Profiles, and Supplements) is referred to as a RFID Envelope. NewRiver delivers these documents electronically in a Compliance Envelope.
SAI - Statement of Additional Information are comprised of information that was originally part of the prospectus (note: the SEC removed this information to make the prospectus more readable). Mutual fund firms and broker-dealers must provide the SAI promptly to any investor upon request.
SEC (Securities and Exchange Commission) - The lead U.S. government regulator responsible for the protection of investors and for maintaining the integrity of the securities markets.
Supplement - A filing made that updates a more detailing filing. A common example is a supplement made to a prospectus when a key feature changes, such as the fund manager.
TCP/IP (Transmission Control Protocol/Internet Protocol) - TCP resides on the Open Standard Interface (OCI) layer above IP. DARPA (Defense Advanced Research Projects Agency) developed TCP/IP to enable communication between different types of computers and computer networks. IP is a connection-less protocol that provides packet routing. TCP is connection-oriented and provides reliable communication and multiplexing.
TPA - Third-Party Administrator, such as a retirement plan recordkeeper or other provider doing administrative services on an outsourced basis to support a plan fiduciary.
URL (Uniform Resource Locator) - An Internet address that tells a browser where to find an Internet resource. For example, the URL for the NewRiver corporate website is http://www.newriver.com.
VA - Variable Annuity, a type of insurance contract that guarantees future payments to the holder, or annuitant, usually at retirement. The annuity's value varies with that of the underlying portfolio securities, which may include mutual fund shares. All monies held in the annuity accumulate tax-deferred.
Variable Data - Data that varies by individual (for example, name, address, and age) or by group (for example, plan descriptions and fund lineup) and that, when used in document or information production, results in more targeted and useful communications.
Virtual Print RunSM - A NewRiver service that demonstrates upfront savings to a NewRiver Intelligent DeliverySM client, by comparing the cost of traditional print fulfillment to the estimated cost of NewRiver's portfolio-specific POD disclosure documents.
XML (Extensible Markup Language) - An Internet language that is an ISO (Internet Standard Organization)-compliant subset of SGML (Standard Generalized Markup Language). HTML (Hypertext Markup Language) is a markup language consisting of text interspersed with a few basic formatting tags. XML is a metalanguage containing a set of rules for constructing other markup languages. With XML, people can make up their own tags, expanding their ability to describe the data types in a document.
XSL (Extensible Style Language) - A language used to create style sheets for XML (Extensible Markup Language), similar to CSS (Cascading Style Sheets) that are used for HTML (Hypertext Markup Language). In XML, content and presentation are separate. XML tags do not indicate how they should be displayed. An XML document has to be formatted before it can be read, and the formatting is usually accomplished with style sheets. Style sheets consist of formatting rules for how particular XML tags affect the display of a document on a computer screen or a printed page. In XML, different style sheets can be applied to the same date to hide or display different parts of a document for different users.
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