Trust Company Introduces Investment Management Platform for 401(k)s

December 13, 2010 ( - Mid Atlantic Trust Company (MATC) announced the launch of its new platform, ModelxChange, which allows 401(k) professionals to incorporate mutual fund and/or exchange-traded fund investment models into a retirement plan through a Web-based interface.

ModelxChange provides a single system for the creation, execution and ongoing management of investment models for the 401(k) marketplace. The platform provides plan investment advisers with access to a stable of third-party money managers with proven track records that are able to provide models comprised of ETF’s and/or mutual funds.  

Managers can set-up and manage their investment models and then deliver those models and the investment changes to each individual 401(k). According to the announcement, money managers can also set security and cash targets, as well as specific investment exclusions requested by the plan fiduciary.