Faced with complex regulatory requirements and mounting pressure to reduce costs, employers find their role as the plan sponsor overwhelming.
TandemModels® enables investment managers to build and manage ETF model portfolios for plan participants.
(a) the method maximizes the investment strategy known as dollar-cost-averaging
(b) mitigates risk in all market environments by maintaining portfolio alignment, as closely as possible, with its target asset allocation
CHICAGO, IL and PORTLAND, OR July 30, 2013 - Wolverine Execution Services (WEX), a leading provider of trade execution services, and Invest n Retire, LLC (INR), an innovative developer of patented technology solutions for defined contribution plans and separately managed accounts (SMAs), announced a partnership which enables clients to electronically route trade orders for execution directly to WEX from the INR platform and receive fill information back into the INR system.
Invest n Retire, LLC (INR) is a technology company located in Portland, Ore. We designed our patented technology (pat. US 8,060,428) for delivery as Software as a Service (SaaS). INR provides a complete record keeping system for defined contribution (DC) plans; including, the technology necessary to automatically trade Exchange Traded Funds (ETFs) through-out the trading day.
INR is offering our recordkeeping technology to DC record keepers through a SaaS service agreement. Under the agreement, record keepers may include the option to white label our record keeping module under their brand name. ETF providers may also white label our SaaS offering to increase public awareness that ETFs are a viable low-cost solution to high-cost mutual funds.
SaaS applications are designed as a multi-tenant environment. Instead of deploying software on the client side, enhancements are implemented at the SaaS data center and made available to the entire user community which eliminates the need to perform upgrades at the client level. Systems are configurable so each client has a custom experience, yet the code base is disparate and maintained for the benefit of all clients. These efficiencies drastically reduce your overall cost in delivering services to your clients.
Companies that sponsor 401(k) plans are looking for investment managers who build model portfolios using Exchange Traded Funds (ETFs). Our module, TandemModels®, enables investment managers to build and manage ETF model portfolios for plan participants. Participants own whole and fractional shares of ETFs.
INR also offers investment managers an efficient solution for trading separately managed accounts (SMAs) in real-time. Using TandemModels®, investment managers can easily design model portfolios which they may link to their clients. When a manager makes a change in a model, the change automatically translates across all of the manager’s clients. SMA clients own whole and fractional shares of ETFs.