Deals & People September 19, 2008

USI Consulting Opens NYC DC Consulting Practice

USI Consulting Group announced its new defined contribution consulting practice based out of its New York City office.
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A USI news release said the Defined Contribution Consulting Services practice will help guide plan sponsors through the defined contribution marketplace.

“Given the wide range of DC products and services in the marketplace and the increased emphasis on plan sponsor fiduciary responsibility, we have seen a growing need for professional, cost-effective DC plan consulting services,” said Bill Tremko, president of Retirement & Investment Services for USI Consulting Group, in the news release.

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Tremko continued: “USI offers the expertise of our investment strategists, actuaries, attorneys and retirement consultants to those DC plan sponsors looking to ensure an optimal program for their organization.”

USI Consulting Group’s Defined Contribution Consulting practice provides the following services: Service Provider Search & Audit, Investment Advisory Consulting, Plan and Vendor Management, Regulatory & Compliance Consulting and Employee Communications.

For more information, contact Robert Unger, senior vice president, at 212.878.0442 or Robert.Unger@usi.biz.

Products September 19, 2008

SunGard Beefs Up Omni Voice Authentication Element

SunGard is extending and refining the voice authentication capability in its Omni 401(k) platform to help cut the risk of unauthorized access to personal information.
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Omni is incorporating IBM’s Web-based Speaker Verification (SV) and IBM Websphere Voice Server (WVS) for voice authentication into its Intervoice IVR/voice portal solution, giving its customers the ability to authenticate someone’s identity based on their unique voice print.

IBM’s speaker verification is Web-based, which allows the Omni IVR application the ability to use the new speaker verification engine. Intervoice added IBM’s technology to its portfolio in March and SunGard integrated the capability into Omni to enhance security and provide two-factor authentication for its telephony callers.

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“The addition of IBM speech solutions to the Intervoice IVR in SunGard’s Omni retirement platform provides our customers an important opportunity to enhance the way they address privacy and security concerns in offering participant access to retirement plan data,” said Don Mackanos, president of SunGard’s Benefits Administration business, in a news release.

More information is available at www.sungard.com.

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