As part of a comprehensive wealth management mobility strategy, SunGard has added a mobile browser option to its Relius Administration Web suite of products to give retirement plan record keepers the ability to help 401(k) plan participants obtain greater value from their employee retirement plans.
The use of mobile devices will play an increasing role in financial services as retirement specialists look to redefine and strengthen their client relationships. Plan sponsors are seeking new ways to increase participant involvement in the retirement planning process in order to protect and grow revenues. Relius’ mobile participant solution helps record keepers offer plan participants on-demand access to their retirement plan information from any mobile device including personal data, plan status and services as well as account balance and transaction history information.
Sean Cunniff, senior vice president, advisor and retirement solutions for SunGard’s wealth management business, said, “SunGard is helping enhance the investor experience with mobile solutions that offer greater transparency and engagement. By providing participants with immediate access to their retirement savings information, the Relius mobile solution can help plan sponsors increase participant involvement in the retirement planning process and establish a solid foundation for revenue growth.”