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QUODD Financial partners with SS&C Technologies to offer enhanced data service for retirement clients
December 11, 2020 GMT
JERSEY CITY, N.J., Dec. 11, 2020 /PRNewswire/ QUODD Financial Information Services (“QUODD”), a business unit of Financeware, a NewSpring Holdings platform company, has announced a new strategic data partnership with SS&C Technologies. The partnership combines SS&C’s industry leading end-to-end, tech-enabled retirement solutions with QUODD’s deep domain expertise in delivering market-leading data solutions over the past 20 years. Together, SS&C and QUODD will provide an integrated offering that enables SS&C Retirement Solutions’ clients to access QUODD’s dividend data.
who don t have a 401(k) option through work now. they ll be able to save in this. you can save as little as $5 a pay period. and you don t get to pick stocks or bonds, you just put it in this special kind of government security they re creating. and it s a pretty good deal because it ll have all the features of a short-term treasury bond. it s completely safe. there s no risk that any change in the markets or interest rates will change your returns. but you get paid about 1% or 2% more than you d be able to get in the market. the idea is to get people who aren t saving for retirement to save a little bit. you ll only be able to save $15,000 in this account before you have to convert it into a traditional i.r.a. it s not going to be the entire retirement solution for anybody, but the idea, i think, with it is more to change people s behavior and get them thinking about saving for retirement than actually to be a new overall system for retirement. good idea. the idea is what counts. an