PRWeb The Leader Press Release Distribution
See How PRWeb Works

We're here to help 1-866-640-6397

Login Create Free Account


All Press Releases for March 5, 2003 Subscribe to this News Feed    
 

Horace Mann Selects SunGard PlanningStation for its Financial Advisors

SunGard Online Investment Systems announced today that Horace Mann Educators Corp. has selected the SunGard PlanningStation Web-based financial planning workstation for its 700 financial advisors. SunGard PlanningStation is a browser-based, interactive, real-time financial planning solution.

SALT LAKE CITY, UT, Feb 27, 2003- SunGard Online Investment Systems, an operating group of SunGard (NYSE: SDS), announced today that Horace Mann Educators Corporation, one of the leading insurance companies focused on the nations educators and their families, has selected the SunGard PlanningStation Web-based financial planning workstation for its financial advisors.

Designed to meet a wide range of planning needs, SunGard PlanningStation offers single-issue goal-based planning as well as comprehensive cash flow planning, covering more than twenty financial concepts in a modular architecture.

A browser-based, interactive, real-time financial planning solution, SunGard PlanningStation will be deployed on 700 advisor desktops at Horace Mann, providing the firms financial advisors with the ability to compare scenarios, perform what-if modeling on client portfolios, and create visually-appealing presentations for their clients in such areas as retirement planning, education funding, IRA analysis, and long term care. The system will also feature SunGards integrated Synapse rule-base engine for advanced product profiling and identifying cross-selling opportunities.

The licensed implementation calls for the custom development of two new modules to help customers understand their auto insurance and property insurance needs, as well as the establishment of a real-time link with Horace Manns existing client database solution to provide seamless data integration between the two applications.

"SunGards experience and reputation in the financial planning market and its ability to deliver a tightly integrated product helped convince us that this was the best planning solution for our financial advisors," commented Kim Jackson, project manager systems development at Horace Mann. SunGards planning products, which were acquired with the acquisition of Sterling Wentworth Corporation in 1999 and which form the core of SunGard PlanningStation, have been on the desktops of thousands of financial advisors since 1983.

About Horace Mann

Horace Mann Educators Corporation (NYSE: HMN), the largest national multiline insurance company focusing on educators' financial needs, provides retirement annuities, life insurance, property/casualty insurance, and other financial solutions. Founded by educators for educators in 1945, the company is headquartered in Springfield, Ill. For more information, visit www.horacemann.com.

About SunGard Online Investment Systems

SunGard Online Investment Systems provides integrated wealth management and front-office financial technology solutions for banks, brokerage firms and insurance companies. SunGard Online Investment Systems solutions integrate best-of-breed financial planning, asset allocation, and rule-base engines with client and portfolio management, aggregated account data, online trading, performance measurement, electronic document storage, and real-time and historical market data services. SunGard Online Investment Systems provides both turnkey and custom Web- and wireless-based solutions to meet the needs of a financial institution's clients, brokers, advisors, and support staff. Visit SunGard Online Investment Systems at www.online.sungard.com.

About SunGard

SunGard is a global leader in integrated IT solutions for financial services. SunGard is also the pioneer and leading provider of information availability services. SunGard serves more than 20,000 clients in over 50 countries, including 47 of the world's 50 largest financial services institutions. SunGard (NYSE:SDS) is a member of the S&P 500 and has annual revenues of more than $2 billion. Visit SunGard at www.sungard.com.

OPTIONS
Printer Friendly Version
Email this story to a colleague
CONTACT INFORMATION
Kenneth Kunin
SunGard Online Investment Systems
Email us Here
ATTACHED FILES

There are no multimedia files attached to this release. If this is your release, you may add images or other multimedia files through your PRWeb News Management Console.

ABOUT PRESS RELEASES
If you have any questions regarding information in these press releases please contact the company listed in the press release. Please do not contact PRWeb. We will be unable to assist you with your inquiry. PRWeb disclaims any content contained in these release. Our complete disclaimer appears here.