Earlier this month, SS&C Technologies Holdings, Inc. announced that The Trust Company of Tennessee has launched its corporate retirement services on the SS&C Retirement Recordkeeping platform. The firm is working with SS&C to modernize its retirement plan offering, which services more than $18 billion in assets.
“The modernized platform and updated web experiences will ensure the company’s clients have access to meaningful data and information to drive successful retirement outcomes.”
SS&C’s Michael Rogalski
“We are pleased to partner with SS&C,” said Codi Brannan, Retirement Plan Services Operations Manager at The Trust Company of Tennessee. “The support we received during our conversion surpassed our expectations. The new technology is intuitive and allows us to better serve our clients.”
The Trust Company of Tennessee provides recordkeeping, administration and advisory services to businesses and organizations offering retirement plans. The platform upgrade enables retirement plan sponsors to deliver retirement and wealth management services to individual participants. Leveraging SS&C’s suite of services, The Trust Company of Tennessee is expanding its mobile and modern web experiences.
“We are very excited about welcoming The Trust Company of Tennessee into the SS&C Retirement Services Portfolio,” said Michael Rogalski, Head of Retirement Solutions at SS&C. “This conversion provides the firm with technology and services to allow engagement with clients in new ways. The modernized platform and updated web experiences will ensure the company’s clients have access to meaningful data and information to drive successful retirement outcomes.”
At the beginning of October, SS&C announced that life insurance and annuities provider Axcelus Financial selected SS&C to modernize its information technology (IT) stack and transform its operations.
Windsor, Conn.-based SS&C Retirement Solutions serves more than 250 institutional clients with more than $341 billion in retirement plan assets. The platform supports more than 400,000 plan sponsors and approximately 12 million retirement participants as of Dec. 31, 2024.
According to an Oct. 15 article on Simply Wall St, SS&C Technologies Holdings is projected to reach $7.0 billion in revenue and $1.2 billion in earnings by 2028. This outlook assumes a 4.8% annual revenue growth rate and a $393.6 million increase in earnings from the current $806.4 million.
Learn more about SS&C Retirement here.
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