The firm reports that it has modernized its infrastructure via the SS&C Retirement Recordkeeping system.
The Trust Company of Tennessee has modernized its corporate retirement services support via the SS&C Retirement Recordkeeping platform from SS&C Technologies, officials say.
“The Trust Company of Tennessee provides recordkeeping, administration, and advisory services to businesses and organizations offering retirement plans. The platform upgrade enables retirement plan sponsors to deliver retirement and wealth management services to individual participants,” according to the announcement. “Leveraging SS&C’s suite of services, The Trust Company of Tennessee is expanding its mobile and modern web experiences.”
The Trust Company of Tennessee, founded in 1987 by Sharon Jones Pryse, who also serves as CEO, reports that it has more than $6 billion under management and services $18 billion in client assets. The firm has offices in Chattanooga, Knoxville, and the Tri-Cities, and serves individuals, families, business owners, and nonprofits via wealth management, personal investment strategy, corporate retirement plans, estate planning, personal trust, and nonprofit investing services.
“We are pleased to partner with SS&C,” says Codi Brannan, retirement plan services operations manager at The Trust Company of Tennessee, in a prepared statement. “The support we received during our conversion surpassed our expectations. The new technology is intuitive and allows us to better serve our clients,” Brannan adds.
“This conversion provides the firm with technology and services to allow engagement with clients in new ways. The modernized platform and updated web experiences will ensure the company’s clients have access to meaningful data and information to drive successful retirement outcomes,” adds Michael Rogalski, head of retirement Solutions at SS&C, in a statement.
SS&C Retirement Solutions serves more than 250 institutional clients with more than $341 billion in retirement plan assets. The platform supports more than 400,000 plan sponsors and approximately 12 million retirement participants as of Dec. 31, 2024, officials say.
SS&C is a global provider of services and software for financial services operations and for the healthcare industry. Based in Windsor, Conn., the company has offices around the world.
Need a Reprint?