Bisys signs Scottrade to Retirement Central application

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BISYS, a leading provider of business process outsourcing solutions for the financial services sector, has signed the online brokerage firm, Scottrade, as one of the first clients for its recently launched Retirement Central application.

The Retirement Central application enables financial services organizations of all sizes to competitively differentiate their retirement savings alternatives and their Web sites by leveraging the technology-driven tools and comprehensive content developed through BISYS' industry expertise and resources. The comprehensive, front-end application is designed to seamlessly integrate with financial services organizations' existing Web sites to provide premier retirement planning tools and related educational content. It supports each organization’s unique retirement products and highly targeted calls-to-action, and its "life-stage" approach accommodates most major events encountered by individuals, from "getting started" through "retirement".

Susan Davis, account services and mutual fund operations supervisor for Scottrade, said, "We expect the sophisticated, Web-based retirement planning tools and related educational information provided by BISYS' Retirement Central application will materially enhance our existing Web site, providing even more resources for our customers to consider when planning their retirement."

According to Christopher Guarino, president of BISYS Retirement Services, "It is exciting to further validate the market demand for this new application and to establish the respective client roster with Scottrade. We believe the Retirement Central application provides a strategic opportunity to support our clients with the fully interactive, Web-based tools that are vital components of a successful investor-focused strategy in today’s increasingly competitive retirement industry."

Kevin Clark, vice president of business development for BISYS Retirement Services, added, "The Retirement Central application is a state-of-the-art, turnkey solution that enables BISYS' clients to reduce operational costs, provide investors with enhanced access to retirement account information, and ultimately increase sales. We expect this dynamic application will enable BISYS' clients to generate significant time, resource, and cost efficiencies."

The leading-edge Retirement Central application also is expected to increase overall Web site traffic as investors and consumers regularly return to financial services organizations' enhanced sites to access up-to-date retirement-related information and automated planning tools.

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