Employee Spotlight: Joseph Brown

Joseph Brown is an ETL (Extract, Transform and Load) Specialist at Financial Recovery Technologies. With a background in applied mathematics, analytics, and statistics, Joe is responsible for processing the transaction data for our 700+ clients making sure all data is loaded into our database cleanly and efficiently.

What are your top priorities?

My top priority is to get our clients’ transaction data into our database, so it is ready to have claims filed before any deadlines. We use several tools including some developed by the Engineering Team to help us get the data into a normalized, “nice” format. The earlier we receive the data, the better because it is often not clear how to map client data in this “nice” way, and we may have to ask account management to reach out for clarification. In extreme cases, we may have to re-pull the data.  It’s a lot of work, but it’s all to ensure that our filings are not only on time but accurate.

What does your typical workday look like?

The majority of my tasks are data refreshes, where we load a client’s latest batch of data. My time is vastly spent on reconciliation tasks, where I identify potential issues with client data that might result in having a claim rejected, and try to resolve those issues.  When I have the time, my focus is to streamline either of those processes to save time for myself and my teammates in future tasks.

How do you define success?

Success to me is when I can automate a process that has always been manually completed in the past. If I can get an entire workflow to run in one procedure without me having to make a single manual entry, I’ve completed all tasks of that type until the end of time.

What is FRT doing to ensure they are adapting to the changing landscape of the class action industry while continuing to meet the needs of current and future clients?

FRT is continuing to look for ways to offer new services to our clients, find the talent to provide those services with as high of quality as possible and expand the set of technologies at our disposal.

What is the most valuable lesson you have learned during your tenure at FRT?

Sometimes, improving efficiency is its own reward.

What is one piece of advice that has changed your professional career?

Not everything is automatable right now.  Determine up front what it would take to establish a more automated process and whether it would be worth implementing to ensure your time and effort are spent wisely.

Learn More

For more information on what our employees have to say about their experiences with FRT, check out our careers page.

About FRT

U.S. CLAIMS  I  GLOBAL GROUP LITIGATION  I  ANTITRUST  I  LITIGATION MONITORING  I  BUYOUTS

Founded in 2008, Financial Recovery Technologies (FRT) is a leading technology-based services firm that helps the investment community identify eligibility, file claims and collect funds made available in securities and other class action settlements. Offering the most comprehensive range of claim filing and monitoring services available, we provide best-in-class eligibility analysis, disbursement auditing and client reporting, and deliver the highest level of accuracy, accountability and transparency available. For more information, go to www.frtservices.com.

This communication and the content found by following any link herein are being provided to you by Financial Recovery Technologies (FRT) for informational purposes only and does not constitute advice. All material presented herein is believed to be reliable but FRT makes no representation or warranty with respect to this communication or such content and expressly disclaims any implied warranty under law. Opinions expressed in this communication may change without prior notice. Firms should always seek legal and financial advice specific to their unique situation and objectives.

Clients see a 15% increase in recoveries by filing claims missed by their previous provider

Recent audits have shown an increase of 15% or more in class action recoveries for FRT’s clients that formerly relied on another third-party, taking into account missed claims, a lack of pre-filing analysis and an inability to manage inter-account transfer lineage.

Do not miss a claim with FRT

infographic-blogFRT specializes in class action recoveries. Our industry expertise and investment in technology allow us to identify each and every claim for which you are eligible:

  • redundant data sources
  • calculating recognized loss for every eligible claim
  • reconciliation controls at every step of the claims filing and recovery process
  • reconciliation of every recovery check received

View our infographic to learn more about how FRT is helping our clients recover every dollar to which they’re entitled.

Contact us today to discuss how FRT can perform an audit of your historical claims to identify missed recoveries.

About FRT

U.S. CLAIMS  I  GLOBAL GROUP LITIGATION  I  ANTITRUST  I  LITIGATION MONITORING  I  BUYOUTS

Founded in 2008, Financial Recovery Technologies (FRT) is the leading technology-based services firm that helps the investment community identify eligibility, file claims and collect funds made available in securities and other class action settlements. Offering the most comprehensive range of claim filing and monitoring services available, we provide best-in-class eligibility analysis, disbursement auditing and client reporting, and deliver the highest level of accuracy, accountability and transparency available. For more information, go to www.frtservices.com.

This communication and the content found by following any link herein are being provided to you by Financial Recovery Technologies (FRT) for informational purposes only and does not constitute advice. All material presented herein is believed to be reliable but FRT makes no representation or warranty with respect to this communication or such content and expressly disclaims any implied warranty under law. Opinions expressed in this communication may change without prior notice. Firms should always seek legal and financial advice specific to their unique situation and objectives.

Financial Recovery Technologies releases enhanced platform for class action filing & recovery

BOSTON, MASS (February 2, 2016) – Financial Recovery Technologies, LLC (FRT) has released an enhanced securities class action system to provide institutional investors unprecedented transparency into key events in the claim filing lifecycle. The Eligibility, Filing, & Recovery Portal (EFR Portal) contains leading edge functionality in a modernized, intuitive interface.

Historically, investors damaged by corporate fraud have endured an inefficient recovery system that can take 3-12 years to close a class action lawsuit – potentially resulting in investors receiving a check as the result of a settlement and subsequent distribution. Shareholders, even the largest institutional investors in the world, can be unaware that a lawsuit is affecting their portfolios, or that they may be entitled to a settlement.

FRT streamlines the process, and updates clients throughout the litigation lifecycle of identification, eligibility analysis, claim filing, recovery and reconciliation of securities class actions.

“We were excited to invest in enriching the EFR Portal to meet the evolving needs of our current and future clients,” said Rob Adler, President of FRT. “Our expanded offering is unrivaled in the level of transparency and visibility it provides. Clients have a full view of their class action exposures, without the arduous manual process they had grown accustomed to.“

Its upgraded EFR Portal allows clients to quickly access, sort and download data from its full library of historical and ongoing securities class actions, with the security of two-factor authentication.

“FRT’s new Portal is laid out incredibly well, which makes navigating the site a breeze,” said Judy Gregory, Portfolio Administrator at Denver Investments. “Any information I could hope to find about our clients’ cases is easily accessible from the home screen. The new Portal also allows me to search cases for any one particular account, which is very beneficial for our business.”

To request an online demonstration of the EFR Portal, contact FRT.

About Financial Recovery Technologies

Founded in 2008, Financial Recovery Technologies (FRT) is a technology-based services firm that helps the investment community identify eligibility, file claims and collect funds made available in securities class action settlements. Offering the most comprehensive range of claim filing and monitoring services available, we provide best-in-class eligibility analysis, disbursement auditing and client reporting, and deliver the highest level of accuracy, accountability and transparency available. Financial Recovery Technologies is a Cross Country Group company (www.crosscountrygroup.com). For more information, go to www.frtservices.com.

Contact:Patrick Sutton
Paragon Public Relations
Patrick@paragonpr.com
+1.646.558.6277