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ICMA-RC Selects UpTick Data Technologies for Expanded Annual Service Reviews and Quarterly Reports

Posted on: Monday, 22 May 2006, 12:01 CDT

SAN FRANCISCO, May 22 /PRNewswire/ -- UpTick Data Technologies, a leader in customized communication solutions utilizing rules based text and report generation, today announced an agreement with ICMA-RC to produce annual and quarterly reviews for ICMA-RC's largest public retirement plans. Under ICMA-RC's Platinum Services Program clients will receive the enhanced Annual Service Review along with online quarterly updates.

Utilizing its proprietary technology, customized for ICMA-RC's requirements, UpTick is able to provide automated fund line up monitoring and commentary for each client and their associated retirement plans. "Using UpTick's technology has allowed us to dramatically improve the scope of reporting that we make available to our clients and at the same time increase the number of clients we can offer this level of service," said Joan McCallen, President and CEO of ICMA-RC.

"It has been a pleasure working with ICMA-RC to develop these reports and we are gratified to see the impact our service can have on improving productivity and improving the customer experience for our clients' clients," commented Mike Iapalucci, Partner at UpTick. "The need to monitor retirement plan line ups on a quarterly basis and provide customized reporting to plan sponsors is a tailor made application for our technology."

About UpTick Data Technologies

UpTick Data Technologies automates the process of creating commentary on investment products and financial markets through the use of proprietary "rules based text generation" technology. UpTick combines this patented technology with report building skills to create customized, value added financial communication products. Incorporating data from leading financial information vendors, together with client data, UpTick's commentary and reports are used by financial advisors, broker/dealers, investment managers and information vendors to more easily and effectively communicate with their clients. For more information or to download sample commentary and reports, please visit http://www.uptickdata.com/.

About ICMA-RC

ICMA-RC is a not-for-profit leader in retirement and financial planning for public sector employees, and has been developing innovative products and services to assist them in building retirement security since 1972. The corporation today manages and administers more than $26 billion in retirement plan assets for more than 700,000 public sector participants.

UpTick Data Technologies

CONTACT: Amy Ng of UpTick Data Technologies, +1-415-643-6012

Web site: http://www.uptickdata.com/


Source: PRNewswire

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