Our RMS practice provides the managed ability to ensure the delivery of Unclaimed Assets to the fund owner. These services are typically offered as a result of a large class action type lawsuit, where there is a large pool of funds that need to be returned to a large group of fund holders. GWS can better manage the REDRESS portion of the settlement process because of our wealth of experience in this area. GWS has a staff of highly trained individuals who are able to locate fund owners and then ensure the delivery of funds. The need for Redress services spans across most all industry segments. From class action lawsuits to those funds being held on deposit with various unclaimed asset agencies throughout the US. Our RMS services include:
Fund holder identification Let our staff of professionals identify and locate those owed funds. With access to over 50 locator databases, GWS investigators are able to find fund owners. GWS will work with due diligence to not only find the fund owner, but also to ensure that a list of possible fund owners is narrowed to the actual owner. GWS will go the extra mile. Asset Disbursement and Reporting Once found, GWS will work with their client to begin the redress process. GWS staff will open a file, execute all necessary paperwork, and document all changes to file. Document Imaging and Retention nce a Redress Management engagement is completed, being able to access records is a critical element of the process. GWS professionals are able to scan and develop a database of records. Historical information is easily accessed allowing client organizations to be productive well beyond the end of the original engagement.
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