Oct 17, 2012 --- SunGard is expanding
its managed services capabilities to help retirement plan administrators and
recordkeepers reduce costs, comply with new regulations and focus on service
SunGard provides IT outsourcing and hosted solutions to
administer more than 63,000 retirement plans for more than 9.2 million
recordkeeping participants, as well as document management services for more
than 10,000 active plans and restatement management services. With its expanded
offerings, SunGard provides the following:
processing for contributions, disbursements and loans;
processing for contributions and loan repayments;
test offerings, including 5500 preparation and plan design comparisons;
set-up and implementation.
Mike Rogalski, president of SunGard’s wealth and retirement
administration business, said, “Retirement administrators are seeking outsourcing
options that will help them improve efficiency of operations, reduce costs and
alleviate the pressure on internal IT departments.
SunGard’s retirement managed services offer a full range of functions that
support essential tasks, helping our customers focus on serving their
More information is at www.sungard.com.