IGATE LAUNCHES NEW RETIREMENT SOLUTIONS

Bangalore
The Economic Times

iGATE, the global integrated Technology and Operations (iTOPS) provider, on Tuesday announced its new retirement solutions practice and the appointment of industry expert Winthrop "Win" Cody to lead the practice.

The retirement industry, including wealth management, benefits and financial planning for 401(k) plans and IRAS, represents a substantial market and perfect expansion target for iGATE, which continues to build on its existing markets and strengths to expand into new, related business segments, a release said.

Phaneesh Murthy, CEO, iGATE Corporation, said "Our investment in Our iTOPS business model continues. We are focused on the addition of key practice areas and expert executives to help lead Our company into these new areas."

To build this new practice, iGATE is drawing upon its extensive experience in financial services, and its iTOPS outsourcing model to provide custom technology and business process solutions to firms in the wealth management and financial planning industries. Leveraging iGATE's existing resources and technology, Cody and his staff should be able to quickly and seamlessly enter and serve this new market.

Prior to joining iGATE, Cody was President of Cody Partners, a retirement industry consulting firm. He is also the founder and former CEO of ExpertPlan, a leading 401(k) service firm providing technology and record keeping solutions to major financial service firms, and former CIO of Copeland, the retirement planning subsidiary of CitiGroup (now part of CitiStreet, recently acquired by ING).