SunGard has enhanced the investment management, web services, mobile, and smart messaging capabilities of its Relius Administration retirement plan administration and recordkeeping solution.
The enhancements will help customers increase flexibility and efficiencies of managing investment models and individual funds, streamline plan set-up, and improve communication with plan sponsors and participants.
"The latest enhancements for Relius Administration will help providers differentiate themselves, increase revenues and operate smarter by improving investment management, data accuracy and operations, and the experience of sponsors and participants." - Ken Simons, senior vice president and general manager of SunGard's Relius business unit
• An enhanced investment management utility gives customers the ability to add funds, replace funds with other funds, replace a single fund with multiple funds, and replace funds with model portfolios in one global batch process.
• Integration with Relius Documents helps to further streamline defined contribution plans set-up in Relius Administration, while automated data validation helps to increase plan accuracy.
• Relius Mobile Participant updates include the ability to view and update participant demographic information and participant allocations. (Relius Mobile Participant gives users the ability to view and make investment election changes from any mobile device. View screenshot)
• Smart messaging capabilities help facilitate the creation of email marketing campaigns, alerts to plan sponsors and participants, and message status notifications.