Products and Services Launches

Alight Expands Partner Network With Cylinder and Leap 

Alight Inc. expanded its Alight Partner Network with the addition of Cylinder and Leap, broadening the company’s suite of employee health and benefits solutions. Cylinder provides virtual-first digestive health care support, while Leap offers specialty infusion therapy services for self-funded employers through home-based and nearby infusion centers. 

The additions are intended to help employers deliver more connected health care experiences while managing costs. According to Alight, the partnerships strengthen its ability to provide specialized care solutions through a single benefits administration ecosystem. 

StepStone, PitchBook Launch Private Markets Analytics 

StepStone Group L.P. and PitchBook, a Morningstar company, plan to deliver deal-level performance and operating benchmarks to private market investors through the PitchBook platform. 

The offering will combine StepStone’s SPI benchmarking data with PitchBook’s private capital markets intelligence and artificial-intelligence-powered analytics tools to provide deeper visibility into private equity, venture capital, growth equity and infrastructure investments. 

According to the firms, the collaboration will give fund managers and investors enhanced analytics, improved benchmarking capabilities and more granular insight into performance drivers. The solution is expected to launch in the current quarter and will be offered through both the PitchBook platform and SPI by StepStone. 

Stadion, Morningstar Roll Out Managed Accounts Offering 

Stadion Money Management LLC and Morningstar Retirement launched Stadion Managed Accounts, powered by Morningstar Retirement, on Lincoln Financial’s Alliance retirement platform. The new managed account service combines Stadion’s portfolio management capabilities with Morningstar Retirement’s personalization technology to deliver tailored retirement investment solutions for plan participants. 

According to the companies, the collaboration is designed to enhance retirement outcomes by pairing personalized investment recommendations with professional money management. The service is now available to eligible retirement plans using Lincoln Financial’s platform. 

InvestorCom, IRALogix Launch Integrated Rollover Solution 

InvestorCom Inc. and IRALogix announced a service that integrates InvestorCom’s rollover recommendation engine with IRALogix’s cloud-native individual retirement account platform to help advisers deliver compliant, end-to-end retirement rollover advice. The combined solution is designed to digitize and streamline the account rollover process while helping advisers meet regulatory requirements from the Securities and Exchange Commission under Regulation Best Interest and the Department of Labor’s prohibited transaction exemption 2020-02. 

The firms stated that the partnership addresses a growing market opportunity, with more than $1 trillion in retirement assets rolling over annually. The integrated platform enables advisers to guide clients from rollover recommendations through IRA account opening and ongoing portfolio management in a more seamless workflow.