Retirement
Retirement plan providers, third-party administrators, and recordkeepers use Spark to offer innovative solutions to plan sponsors and participants. In today’s new dynamic era of lifetime income in retirement plans, the traditionally disparate worlds of investments and insurance can be bridged in seconds with Coherent Spark.
Retirement plan providers, third-party administrators & recordkeepers use Spark for:
Accumulation/ decumulation investment models and advice tools
Integration of lifetime income solutions into legacy systems without coding
Innovation in product pricing for lifetime income products with enhanced liquidity and portability
Investment portfolio Monte Carlo analysis and recommendations
Defined contribution pricing, compliance testing automation, and plan design solutions
Quick and easy mobile applications, dashboards, and calculator tools without big investments in time and budget
Excel-to-API Leads to ROI
More Sophisticated Solutions in Less Time
Whether you’re looking to seize new retirement plan opportunities created by the SECURE Act 2.0 or to offer advice solutions to help retirement savers stay the course in today’s market volatility, speed matters. And with the growing demand for hyper-personalized investment options, now is the time for smarter, more sophisticated in-plan retirement income solutions, such as managed accounts and fixed annuities. Don’t miss the moment to get into the market faster than the competition, with models that go from Excel to integration-ready as fast as you can drag-and-drop.
How it works: All you need to know is Excel
Build
Build your algorithms into Excel-based models—with any number of inputs or calculations
Tag
Tag your inputs and outputs in your Excel file
Upload
Test and simulate product changes in Spark including new algorithms for new industry lifetime income solutions
Return
Spark generates application programming interfaces (APIs) for easy integration into other systems (including recordkeeping systems, participant websites, illustration tools, etc.)
Analyze
Modify products as needed, with changes available in real-time
Meet Plan Sponsor and Participant Needs Faster
Success with Spark leads to greater optionality for retirement plan sponsors and hyper-personalization for their participants. Yet that sophistication is easier and faster than you ever thought possible. Turn your retirement business aspirations into reality without the cost or roadmap that typically comes with transformative projects. That’s transformation without disruption.
Ready to get started with Coherent Spark now? Visit our marketplace listings with AWS or Microsoft to get access immediately. Snowflake listing coming soon!
Ready to see how Coherent Spark can work for you?
Give us your spreadsheet logic of any complexity and we’ll show you how Coherent Spark can transform it into an API in seconds. Contact us today for a demo.
Get in touch to see the power of Coherent Spark for yourself
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