SunGard Launches New Retirement Income Simulation Module

Salt Lake City, UT – 20 March 2007

New Retirement Planning Capability Gives Financial Advisors Tools to Help Clients Reach Retirement Income Goals

SunGard announced today that it has released a new retirement income simulation and planning module that helps wealth management service providers better respond to growing client demands for a guaranteed retirement income distribution. The new Retirement Income Simulation Expert (RISE) module helps financial advisors to simply and accurately assist clients in analyzing their retirement income by evaluating, comparing and illustrating income goal probabilities, the risk inherent in various planning scenarios, and the ways in which annuities affect the risk of those scenarios.

As today’s retirees rely less on defined benefit pensions and live longer lives, greater pressure is placed on individuals to personally fund their retirements. Tomorrow’s retirees are faced with the prospect of outliving their incomes and the loss of accumulated wealth. The new RISE module helps address these issues by evaluating asset allocations, analyzing annuity options, and performing multiple Monte Carlo simulations in an effort to help financial advisors illustrate the risk associated with their clients’ lifetime income streams.

SunGard’s RISE module is a component of SunGard’s PlanningStation financial modeling and planning solution (, and SunGard’s WealthStation wealth management technology platform (, which integrates the capabilities of PlanningStation and SunGard’s AllocationMaster, Overlay Management Program, and back office trust accounting and securities processing systems.

Blaine Maxfield, president of SunGard’s wealth management solutions business, said, “Realistic planning at retirement is critical to helping attain a desired standard of living, achieve goals, and avoid the anxiety of falling short on income. Individuals will look to their financial advisors as ‘lifetime income specialists’ to approach the often complex retirement planning process from a sustained income perspective, and help evaluate the potential risks to their portfolios during long periods of withdrawals. The RISE module’s ability to perform side-by-side illustrations on expected risk in planning alternatives, which may include annuities, is especially powerful for broker-dealers, insurance companies, banks, RIAs or any financial planner emphasizing retirement planning or working with annuities.”

SunGard’s RISE module uses Monte Carlo simulation to establish the probabilities of meeting retirement income goals for multiple sets of differing assumptions, then illustrates and compares the anticipated risk in a range of planning alternatives side by side in easy to understand and visually appealing reports. It also facilitates the movement of accumulated assets from the investment portfolio into one or more annuities, and shows how annuities affect the risk inherent in a lifetime income plan.

SunGard provides an integrated suite of services to help asset managers and advisors meet the financial needs of their clients and capitalize on growing opportunities in wealth management. SunGard helps organizations deliver on the promise of a more holistic and consultative client experience by providing an array of capabilities for client profiling and financial planning, asset allocation and portfolio management, securities processing and asset accounting, as well as consolidated client reporting and performance measurement.

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