Services Offered:
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Controlled Disbursement
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Cash Management
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Investment Management
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Escrow Services
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Tax Reporting (1099, 1098, and W-2)
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Qualified Settlement Fund Tax Reporting
For nearly four decades, our clients have trusted us to assist them with their class action and mass tort settlement distributions. To earn this trust, Analytics has gone to great lengths to protect the confidentiality of the data entrusted to us by our clients; to ensure the integrity of the class action settlement administration process; and to protect the rights of class members.
To rigorously protect the handling of distribution accounts, our internal controls are designed to exceed regulatory standards and industry practices. These controls, quality assurance, and security measures ensure the efficient, accurate, and cost effective distribution of settlement benefits, including checks, coupons, vouchers, and products. Additionally, we manage escrow and IRS compliance issues on behalf of our clients.
In order to provide strict financial controls and minimize the possibility of fraud,
Analytics uses check distribution processes that are based upon "best payment practices" as outlined by a consensus of treasury management professionals.
Because Analytics' clients are drawn from all sectors of the U.S. economy, we maintain a substantial level of compliance under Sarbanes-Oxley Act (SOX), the Gramm-Leach-Bliley Act (GLBA), and the Health Insurance Portability and Accountability Act (HIPAA). Analytics’ systems are accredited by the federal government under the Federal Information Security Management Act (FISMA), which exceed the requirements of SAS70.