BISYS has signed online brokerage firm Scottrade as a client for its recently launched Retirement Central application.
The Retirement Central application aims to enable financial services organizations of all sizes to differentiate their retirement savings solutions and their web sites by using BISYS white label technology.
“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,” says Susan Davis, account services and mutual fund operations supervisor for Scottrade.
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.”