The solution broadens Wolters Kluwer’s portfolio to serve a wider range of retirement professionals in financial and insurance Institutions, TPAs, and actuaries
Wolters Kluwer Legal & Regulatory U.S. announced the launch of the Defined Benefit Compliance Software on ftwilliam. The 100% cloud-based defined benefit solution is the only new defined benefit software in the industry. It features a modern user interface and seamless integration with document and forms modules.
As the regulatory environment continues to evolve, retirement professionals have an accelerated need for modern secure cloud solutions. By adding Defined Benefit software, Wolters Kluwer has made the ftwilliam retirement services solution a truly full-service suite with compliance, plan documents, forms and distribution tracking for all qualified and non-qualified plans.
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“As the market leader in cloud-based solutions for retirement professionals, Wolters Kluwer continues to invest in ftwilliam’s cutting edge technology,” said Chris Sullivan, Vice President and General Manager for the Transactional & Retirement Portfolio for Wolters Kluwer Legal & Regulatory U.S. “Defined Benefit Compliance software is our latest move to strengthen ftwilliam’s reputation for driving innovation, streamlining workflows and providing world-class support for our customers.”
The new solution within ftwilliam provides a complete valuation, testing and proposal system designed to increase efficiency for retirement plan service providers, TPAs, actuaries and accounting firms that administer defined benefit and defined benefit/defined contribution plans. It alleviates the business risks inherent in dated, non-web-based software. Integration with ftwilliam document and forms software eliminates the pain point of duplicative data entry for combination plan valuations, testing, and proposals. The solution is also accessible from any location and doesn’t require hardware or patches to install, allowing TPAs and actuaries to securely share data and access instantaneous regulatory updates.
ftwilliam is a cloud-based employee benefits and pension software which includes state of the art benefits documents, forms, and compliance systems for benefits and pension professionals. The ftwilliam product line currently consists of cloud-based software for retirement, welfare and non-qualified documents; government forms, and compliance testing and reporting. They also offer other unique tools that help our customers increase their efficiency such as ftwPortal Pro, ftwProposal Pro and ftwPro Amend.
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