The Challenge: IFL wanted to create an entirely new solution for delivering retirement benefits to employees of Global 1000 companies. IFL's world class team of financial engineers, including Nobel prize winner Bob Merton, defined a "Structured DC (Defined Contribution)" solution which addressed the major challenges to current retirement benefit solutions - allocating risk appropriately between employers and employees, longevity, market volatility and inflation. The challenges included converting this vision to easy to use software, making it flexible enough to support the special needs of different retirement plans while keeping the deployment and maintenance costs manageable, and integrating with third party systems for services like quoting, employee information and portfolio management.

The Solution: SEC Ventures worked closely with IFL and early clients to build a solution, SmartNest, that enabled the product vision defined by IFL to facilitate asset accumulation during an employee's working years and efficient lifetime income generation during their retirement years. In addition, SmartNest facilitates maintenance changes, configurable deployments, reconciliation, contact management and reporting and leverages industry standard security measures for authenticated and encrypted communications and data transmission. Today SmartNest is in production as both a hosted and deployed solution and is delivering on its promise to revolutionize the delivery of employee retirement benefits.

The Challenge: The Bank needed to integrate a system for marketing lead management from one of their partners, NewRetirement. In order to meet market demand the solution had to be delivered in a tight timeframe and work with multiple groups within the Bank. The solution also needed to be architected to meet the Bank's interface and data specifications and be set up to scale quickly to serve their nationwide pool of consultants.

The Solution: SEC Ventures worked closely with the Bank and NewRetirement to build a system that enabled the Bank Home Mortgage Consultants to create accounts, place orders, pay with credit cards and take delivery of leads through integration with the Bank's back office systems. In addition, the system manages accounting, returns and reporting and leverages industry standard security measures for authenticated and encrypted communications and data transmission. Finally the system integrated third party payment processing via an online payment gateway.