SunGard gains beefs up ETF retirement plan system

Software and IT services giant SunGard Data Systems Inc. has partnered with four third-party administrators including: APA Benefits Inc., CMC Interactive LLC, Ingham Retirement Group, and KTRADE to provide SunGard's Exchange Traded Funds solution launched in July in conjunction with iShares. SunGard advisers now have a centralized location for reaching these TPA's and others that might be added in the future. The SunGard ETF solution was designed to help defined contribution plans add ETFs to their retirement plans using a single software provider that integrates trading, record-keeping and custodial services. All four firms are also users of SunGard's Relius employee benefit record-keeping and administrative solution and the SunGard Transaction Network for connectivity and trading with iShares. Visit the SunGard ETF solution site for more information.