BISYS will assume the recordkeeping responsibilities for approximately 1,700 clients of AIM Investments, which are currently serviced through BNC, according to a news release. BISYS brings to the table a suite of retirement plan services that includes:
- daily valuation
- employee communications
- ongoing sales support
- extensive interactive voice response (IVR) capabilities.
BISYS will also support AIM Investments’ ongoing sales initiatives for the new small plan retirement product that is being sold through its broker-dealer relationships, according to a news release.
In addition, BISYS will support retirement plan sponsors with the online tools and resources provided by its Sponsor inSight Web site, and plan participants with Web-based access to plan- and participant-level information, reporting, and transaction processing capabilities.