FIS offers flexible, scalable technology for retirement plan recordkeeping and administration, helping providers optimize operations and deliver results for sponsors and participants.
Vendor
FIS
Company Website
FIS provides comprehensive technology for retirement plan recordkeeping and administration, catering to every market segment and plan type, from the smallest to the largest retirement plan providers. This includes support for defined contribution/401(k), defined benefit, ESOP, and 403(b)/457 plans. The flexible, scalable, and extensible technology is designed to help organizations optimize their operations efficiently and securely. It enables providers to meet evolving market demands, deliver superior results for plan sponsors and participants, and ultimately foster business growth by streamlining complex administrative tasks and ensuring compliance.
Features & Benefits
- Deliver a Better Experience
- Meets participant, plan sponsor, and advisor needs with digital products, accelerators, and innovative solutions.
- Scale Operations Through Automation
- Reduces costs with a streamlined workflow, robotics, and Straight-Through Processing (STP), while minimizing redundant data entry.
- Keep Compliant and Remain Secure
- Ensures full compliance with current regulations and provides protection from security threats.
- Tailor the System to Your Needs
- Processes daily valued and balance forward retirement plans with a flexible solution that can be easily customized.
- Manage Payment Disbursement and Tax Reporting
- Tracks and reconciles issued checks and maintains compliance with applicable taxes and regulations.
- Grow with a Scalable and Flexible Platform
- Helps businesses capitalize on the global trend toward increased asset growth in retirement investing.