TUCSON, ARIZONA â April 25, 2005 â dailyVest, the leading provider of personal rate of return calculation technology for account access websites and investor statements, today announced that Mellon's Human Resources & Investor Solutions (HR&IS) business has integrated its product into the BenefitsWeb account access website.
Peter McNellis, dailyVest's executive vice president noted, "We are pleased that Mellon HR&IS is using our technology to provide interactive personal rate of return analysis for their plan participants. Individuals need to know how well their investments are performing at all levels: fund, plan and multiple-plan, and dailyVest makes that analysis automatic and ongoing. Mellon HR&IS is a forward thinking organization that recognizes how to encourage participation."
dailyVest personal rate of return technology is an installed software product operating completely within a client's data center, and securely behind its firewall. The product is an XML Web Services-based performance calculation engine offering real-time analysis and reporting with a high degree of accuracy, speed, and programmatic ease.