401(k)-focused advisors have a new “next-gen” retirement plan analysis, monitoring, business intelligence and reporting tool at their disposal thanks to today’s launch of MPI Stylus Web.
Markov Processes International, Inc. (“MPI”), a leading independent FinTech provider of software and services for analyzing investment performance and risk, is behind the launch of MPI Stylus Web. In a press release announcing the launch, the company said it builds on the strength of MPI’s well-known institutional tools to give advisors who serve the 401(k) and DC market more efficient workflows, a wider range of analytics, and improved practice management capabilities that will make them far more competitive in the marketplace.
“For decades, our innovations have powered many of the industry’s top retirement applications and reporting solutions,” said Dennis Baldi, MPI’s Executive Vice President. “With the launch of the new MPI Stylus Web, we now offering world-class workflow and business intelligence that advisors need to compete and grow in today’s marketplace.”
Among the key features of MPI Stylus Web are:
• Custom fund scorecards with 100+ analytic options, which allow users to select defaults or specify thresholds, weights, and watchlist criteria.
• Target-date suitability analysis, which helps sponsors determine the TDF family that best fits the needs of their participants.
• On-the-fly analytics, which allow the ability to change a fund’s benchmark and peer group.
• Customizable reporting that helps advisors differentiate their practices through unique analytics and content.
• Global fund view that aggregates investment products across an advisor’s book of business, allowing efficient commentary and replacement of problematic funds.
A core feature of Stylus Web is MPI’s Target-Date Radar, an advisor tool to evaluate and monitor target-date funds, providing a documented process to help advisors meet their fiduciary obligations. Among its features, Target-Date Radar includes a comprehensive suitability questionnaire, an intuitive TDF family comparison dashboard, reporting features, and proprietary modelling, powered by MPI’s patented Dynamic Style Analysis.
MPI Stylus Web is also customizable and can easily be integrated with additional investment data, analytics, corporate branding, compliance, and other applications.
“We know the challenges advisors face, and this offering was built with their needs in mind,” Baldi said. “In one application, we can now bring additional tools to help them enhance their retirement practices and increase their competitiveness.”
Interested persons can visit Markov Processes International Inc. (MPI) for additional information.
SEE ALSO:
• How AI is Simplifying 401(k) Plan Comparison
• Target Date Solutions Launches Software that Facilitates Personalized Target Date Accounts
• ‘Next-Gen’ Retirement Planning Tool for Advisors Launched by Income Lab
Veteran financial services industry journalist Brian Anderson joined 401(k) Specialist as Managing Editor in January 2019. He has led editorial content for a variety of well-known properties including Insurance Forums, Life Insurance Selling, National Underwriter Life & Health, and Senior Market Advisor. He has always maintained a focus on providing readers with timely, useful information intended to help them build their business.
