Author: iralogixdev

Every day, the retirement industry processes billions of transactions, from contribution deposits to investment changes to loan applications. Behind each of these seemingly simple activities often lies a complex web of file transfers — digital handoffs that have remained stubbornly analog in function, if not in form. While these behind-the-scenes processes may be invisible to participants, they create a hidden friction that manifests as delays, errors, and frustration. The emergence of artificial intelligence is now forcing firms to evaluate ways to eliminate these antiquated file transfers, replacing batch processing and manual reconciliation with seamless, real-time data exchanges. This transformation forcing function isn’t merely a back-office efficiency play — it promises to fundamentally reshaping the retirement experience for millions of Americans.

The Hidden Friction in Retirement Experiences

Most retirement plan participants never see the obscure journey their data takes. When an employee enrolls in a 401(k) plan, changes a contribution rate, or requests a loan, their action typically initiates a complex chain of file transfers:

1. A request is formatted into a standardized file
2. The file is transmitted through secure protocols (often SFTP)
3. It waits in a queue for scheduled batch processing
4. The receiving system validates the format and content
5. Discrepancies trigger manual review processes
6. Eventually — often days later — the transaction completes

“The shift from document-centric to API-driven data exchange is perhaps the most significant transformation in recordkeeping operations, with 67% of providers reporting substantial reductions in processing time and errors,” notes Jennifer Gardner in Benefits Quarterly’s Q2 2024 issue.

This process architecture, designed decades ago, creates significant friction points:

• Timing gaps: Traditional file transfers typically operate on rigid schedules — often daily or even weekly — creating frustrating delays between participant actions and results.
• Error cascades: Format mismatches and validation failures can trigger complex exception processes that further delay transactions.
• Limited visibility: Participants and plan sponsors often have no insight into where a request stands in the process.
• Reconciliation burden: The disconnected nature of file transfers creates reconciliation challenges that consume administrator time and increase costs.

How AI Is Replacing Traditional File Transfers

Artificial intelligence is now eliminating these inefficiencies through several key innovations:

1. API-Driven Real-Time Data Exchanges
Rather than packaging information into files for batch processing, AI-powered systems utilize Application Programming Interfaces (APIs) that transmit data immediately. Machine learning algorithms validate and process this information in milliseconds.

“Leading recordkeepers are eliminating batch file exchanges entirely, replacing them with continuous data flows enabled by machine learning algorithms that can validate and process information in milliseconds rather than days,” according to a March 2023 McKinsey & Company Financial Services Report.

2. Natural Language Processing for Data Extraction

Modern AI systems equipped with Natural Language Processing (NLP) capabilities are revolutionizing how data moves through retirement systems by extracting structured information from unstructured sources.

Traditional file transfers require strictly formatted data—every field must be in exactly the right position with precisely the right formatting. This rigidity creates enormous friction, as even minor deviations can cause entire files to fail processing. Consider a typical scenario where a plan sponsor needs to submit employee data from their system to a recordkeeper. Historically, this would require custom file programming, extensive testing, and ongoing maintenance of the file specifications.

NLP eliminates these constraints by understanding the semantic meaning within documents rather than relying on rigid formatting. This capability transforms multiple aspects of retirement recordkeeping:

Form-free data acquisition: Rather than requiring standardized forms, AI can extract retirement-relevant data from diverse documents like employment contracts, tax forms, or even emails. A participant submitting a non-standard hardship withdrawal request can now have their documentation processed immediately rather than being returned for reformatting.

Legacy system integration: Many older recordkeeping systems contain valuable data in formats that are difficult to access. NLP bridges these gaps without requiring costly system replacements, extracting relevant information from legacy outputs and translating it into modern data structures.

Multi-source data consolidation: For holistic retirement planning, information often needs to be gathered from diverse sources (401(k)s, IRAs, pension plans, etc.). NLP can harmonize data across these sources, creating a unified view despite varying input formats.

Regulatory document processing: When regulatory documents like plan amendments or required notices arrive, NLP can automatically extract key provisions and update systems accordingly, eliminating manual processing.

Kerry Pechter of the Retirement Income Journal observed in October 2023 that “Natural language processing is now allowing retirement platforms to extract data from previously incompatible formats, eliminating the need for standardized file formats that have historically created bottlenecks in information exchange.”

This advance is particularly valuable for plan conversions, where historical records must be incorporated into new systems. Rather than manual data entry or complex file mapping exercises, NLP can intelligently extract and classify information from prior recordkeeper files, drastically reducing conversion timelines and improving accuracy.

3. Predictive Analytics for Proactive Processing

Advanced AI doesn’t just react to incoming data — it anticipates it. By analyzing patterns in contribution timing, loan application frequency, and other behaviors, systems can prepare for transactions before they arrive.

Real-World Benefits for Plan Participants

This technological transformation directly improves the retirement experience for individuals in several meaningful ways:

Immediate Transaction Confirmation

“AI is eliminating the traditional file transfers that have long plagued recordkeeping, replacing batch processing with real-time data streams that improve both accuracy and participant experience,” notes John Manganaro in PLANSPONSOR Magazine’s September 2023 issue.

When participants make changes to their retirement accounts, they receive instant confirmation rather than the familiar “your request is being processed” message followed by days of uncertainty.

Seamless Multi-Provider Experiences

For participants with accounts across multiple providers, AI-powered data exchange eliminates the burden of manually transferring information. Employees changing jobs can experience smoother transitions as their retirement information flows securely between providers.

Personalized Communication

Rather than generic statements and notices, AI enables hyper-personalized communications delivered through the participant’s preferred channels, at optimal times for engagement.

Proactive Guidance

AI systems monitoring real-time data flows can identify potential issues or opportunities and automatically notify participants before problems occur.

Natural Language Interfaces

As file transfers disappear behind the scenes, participants can increasingly interact with retirement systems through conversational interfaces that use natural language processing to understand and execute requests.

The SPARK Institute’s January 2024 research paper highlights that “companies implementing AI-driven data exchange see a 78% reduction in processing errors and a 92% improvement in participant satisfaction scores related to transaction speed.”

Organizations Leading the Transformation

Several forward-thinking organizations are already demonstrating the impact of AI-driven approaches:

Fidelity Investments developed their ‘FastConnect’ system using AI to eliminate traditional file transfers for employer payroll integration. This innovation reduced implementation time from 8 weeks to just 3 days, while achieving 99.7% data accuracy and enabling real-time processing of contributions.

Voya Financial implemented computer vision and NLP to extract data from non-standardized documents and forms, eliminating 85% of manual document processing while improving data accuracy by 47%.

Empower Retirement deployed a conversational AI interface for participants to request and receive account information, reducing call center volume by 32% while providing 24/7 access to account details and transaction capabilities.

Principal Financial developed an API ecosystem to replace batch file transfers with real-time data streams, achieving same-day processing for 96% of transactions, compared to the 2-3 day standard in traditional systems.

Implementation Roadmap: From Files to Intelligence

For retirement providers still relying on traditional file transfers, the transformation journey
typically follows several key steps:

1. API Foundation: Building secure, scalable API infrastructure that can operate alongside existing file transfer systems
2. Data Standardization: Creating consistent data models and governance across systems
3. AI Layer Development: Implementing machine learning for data validation, extraction, and processing
4. Gradual Transition: Moving from batch to real-time processing, beginning with high- volume or high-impact transactions
5. Legacy Integration: Connecting with partners and providers still using traditional methods
6. Experience Enhancement: Building new participant-facing capabilities that leverage
   real-time data availability

“As AI eliminates traditional file transfer processes, administrative staff are being redeployed to participant-facing roles, with 73% of firms reporting increased employee satisfaction and retirement readiness scores among plans they service,” according to Brian Graff and Craig Hoffman in the Spring 2024 ASPPA Journal.

The Future of Retirement Data Exchange

Looking ahead, several emerging trends will further transform retirement recordkeeping:

Universal API Standards

Industry initiatives are developing standardized APIs for retirement data exchange, which will eliminate the need for proprietary formats and accelerate adoption.

Voice-First Interaction

As file transfers disappear from the backend, voice interfaces will increasingly become participants’ primary means of managing retirement accounts.

Cross-Provider Data Fluidity

Blockchain and federated identity solutions will enable secure, participant-controlled data sharing across financial providers, creating truly holistic retirement planning experiences.

Embedded Retirement Experiences

Rather than requiring participants to engage with dedicated retirement platforms, AI will enable retirement functionality to be embedded seamlessly into everyday financial tools and activities.

According to Deloitte’s 2023 Retirement Industry Outlook, 94% of recordkeepers plan to eliminate batch file processing within 5 years. This isn’t merely a technical shift — it represents a fundamental reimagining of how people interact with their retirement savings.

Strategic Imperatives for Retirement Leaders

For executives in the retirement services space, the elimination of traditional file transfers through AI represents both opportunity and imperative:

1. Experience Differentiation: As operational processes become more similar through standardization, the participant experience becomes a crucial competitive differentiator.
2. Cost Restructuring: The significant operational savings from AI-driven processing (31% according to Aite-Novarica) can be reinvested in experience enhancements or reflected in more competitive pricing.
3. Talent Transformation: As manual file handling disappears, organizations must reskill their workforce to focus on higher-value activities like financial coaching and complex problem-solving.
4. Data Strategy: Real-time data flows create new opportunities for insights and services that weren’t possible in batch-processing environments.

The transition from file-based to AI-driven data exchange represents more than a technological upgrade — it’s a fundamental reimagining of the retirement experience. For millions of Americans, it will transform retirement planning from an occasional, friction-filled process to a seamless, integrated part of their financial lives.

The question for retirement industry leaders is no longer whether to make this transition, but how quickly they can execute it — before participants begin to view traditional file-based processing as an unacceptable anachronism in their increasingly digital financial lives.

The retirement system isn’t meeting today’s needs, let alone tomorrow’s. Concerns about the long-term stability of Social Security have shaken public confidence, and for many workers, personal savings options are limited or out of reach.

Congress has a real chance to fix our fractured retirement system in the new tax bill. But using retirement policy to offset tax cuts would be a mistake. Tax incentives for saving may cost money upfront, but they’re one of the few parts of the system that actually work. The real problem isn’t that too many people get a break for saving – it’s that too few can save at all.

Make saving easier

There’s broad agreement that our retirement system has blind spots. A full-time worker at a large company with a 401(k) and matching contributions is in decent shape.

But that’s not the norm. Tens of millions of workers, especially those employed by small businesses or working in part-time or gig roles, have no plan at all. And while legislation like the SECURE 2.0 Act has taken important steps to expand access, many people are still being left behind.

SECURE 2.0 does offer tax credits to help small businesses start retirement plans, but many still hold back due to legal and administrative hurdles. A better solution is to let employers offer payroll deduction IRAs without triggering complex rules. Removing that red tape would make it easier to help workers save, and more businesses would step up.

At the same time, Congress should streamline and strengthen automatic savings options. Currently, some states require employers to enroll workers in IRA programs, while others do not. This patchwork creates confusion and uneven access. A federal auto-IRA program would bring consistency and make retirement saving the default for millions of workers.

Another overlooked issue is what happens when workers change jobs. If they have small balances in their retirement accounts, usually under $7,000, the money often rolls into low-yield IRAs that barely keep up with inflation. Many just cash out, undermining long-term savings. Congress can fix this by allowing those accounts to be invested in higher-return options, a simple change that would make a big difference.

Make it better for independent workers

Independent workers face an even tougher path to retirement security. While options like solo 401(k)s and SEP IRAs exist, they’re complex and lack the support traditional employees get. Congress should let gig workers join Pooled Employer Plans, giving them access to lower costs, professional management, and a real chance to save on their own terms.

Modernizing retirement rules should also reflect how people actually live and age. Required minimum distributions, or RMDs, currently force retirees to start drawing down their accounts at age 73 — even if they don’t need the money. For retirees with modest balances, this can interfere with careful planning. Congress should consider waiving RMDs for smaller accounts, letting people manage withdrawals based on their own financial situation, not arbitrary timelines.

We should also think about how to build stronger saving habits from the very beginning. Currently, only people with earned income can contribute to Roth IRAs. That shuts out children, students, and others who could benefit enormously from starting early. A “Child IRA” structure, where parents can contribute modest amounts on behalf of their children, could encourage lifelong saving.

Through all of this, Congress must protect the tax incentives that drive retirement saving in the first place. These incentives aren’t giveaways to the wealthy, they’re the single biggest reason many Americans contribute to retirement plans at all.

Weakening or eliminating them would reduce participation and leave more people unprepared for retirement. That’s a step backward at exactly the moment we should be moving forward.

Make a system for everyone

The U.S. retirement system has made progress, but it’s far from the place it must be. The real task now is not to dismantle what works, but to make saving easier, expanding access to everyone, modernizing outdated rules and ensuring the system reflects how Americans work and live today.

Congress has an opportunity to build a retirement system that actually works for everyone. That’s a goal the country can’t afford to miss.

Peter J. de Silva, author of “Taking Stock: 10 Life and Leadership Principles from My Seat at the Table” and a senior fellow of Harvard University’s Advanced Leadership Initiative, is CEO of Pittsburgh-based IRALOGIX.

This year promises to bring significant developments in the IRA and small business retirement space as a convergence of policy shifts, tax reform discussions and evolving workforce demographics reshape the 2025 retirement landscape. Advisors and wealth managers should pay careful attention to the changing environment to best position their clients for long-term success.

Of the numerous Secure 2.0 provisions reshaping the IRA and retirement plan landscape, two are already in effect. As of Jan. 1, 401(k) and 403(b) plans that were created after Dec. 30, 2022 are now required to include automatic enrollment and automatic escalation features.

This change will almost certainly lead to a greater number of automatic rollovers going to protected IRAs, as individuals who leave their place of employment often don’t make an election regarding their plan accounts when their balance is small.

Also new for 2025 is the “super catch-up” contribution that allows retirement savers aged 60 to 63 to bolster their savings at an important period in their financial planning.

Complicated catch-ups

Starting in 2026, all catch-up contributions from plan participants who earned more than $145,000 during the previous year must be made on a Roth basis, which presents a major complication for plan sponsors and recordkeepers. The bright side for small employers is that SIMPLE IRA plans are exempt from the Roth catch-up requirement, and the super catch-up is available to SIMPLE IRA plans.

To help implement the legislative changes made by Secure 2.0, the Department of Labor and the IRS still have regulatory agendas to fulfill. For the IRS, this includes guidance on rollovers from 529 college savings plans to Roth IRAs; updates to existing IRA regulations, including Roth, SEP, and SIMPLE IRAs; and the new saver’s match coming in 2027.

Also on the IRS agenda are safe harbor rules for missing participants and uncashed checks. Advisors should also be aware that the IRS regulations implementing the Secure 1.0 changes to the beneficiary distribution rules became effective Jan. 1, 2025, while some of the Secure 2.0 beneficiary changes go into effect in 2026.

Guidance delayed

Historically, newly installed presidential administrations have put a temporary “regulatory freeze” on pending rules, which may delay the release of IRS and DOL guidance. Moreover, this administration has ordered agencies to identify 10 regulations to eliminate for every new regulation proposed in fiscal year 2025, and that the total cost of new and repealed regulations be less than zero.

Although the DOL has a much shorter list of yet-to-be-issued Secure 2.0-related guidance, it must still decide how to proceed with its newest investment fiduciary regulations.

Last year, two courts postponed the effective date of these new rules pending the outcome of  two lawsuits accusing the DOL of overstepping its authority by broadening the definition of fiduciary advice. The DOL first appealed that decision but in February requested the appeals process be put on hold for 60 days while the new administration determines whether to continue pursuing the appeal.

‘Rothification’?

Financial advisors should also pay close attention to tax reform as a key element of policy change impacting retirement savings. The end of the 2017 tax cuts will be a serious fiscal issue for Congress as it finds ways to replace the revenue losses accompanying an extension of these cuts. Lawmakers will also need to make up for the cost of other cuts and spending that the administration wants, such as a proposal to end income tax on Social Security retirement payments.

With the retirement savings incentives typically targeted as a source of tax revenue, the Trump administration will not likely want to limit contributions on a pretax basis or reduce the account balance that can be held.

Instead, “Rothification” could again be invoked as a means of boosting short-term tax revenue. Broadly, this means requiring that certain contributions be made as Roth after-tax contributions rather than pretax, creating immediate tax revenue for the federal government. It is important that financial advisors monitor legislative developments and talk with their clients about ways to maximize tax-advantaged savings in this changing environment.

By staying ahead of trends and abreast of policies, financial advisors and wealth managers can help clients optimize retirement savings strategies. Advisors who remain proactive and adaptable will be best positioned to serve their clients effectively in 2025 and beyond.

Lowell Smith Jr. is Chief compliance officer and co-founder, IRALOGIX

Retirement Planning Falls Short for Some, Underscoring Gap Between Intent and Action

Many Americans Unprepared for Life After Work 

Healthcare is Retirement Wild Card

IRALOGIX, the retirement industry’s leading fintech pioneer, today announced the debut of the IRALOGIX Retirement Readiness Index (IRRI), a comprehensive national benchmark built to track Americans’ preparedness to retire with financial security and peace of mind.

In its inaugural Q1 2025 evaluation, the IRALOGIX Retirement Readiness Index (IRRI), which measures Americans’ retirement preparedness across five critical areas, reported a national Retirement Readiness Score of 45.8 out of 100. Scores below 50 fall into the ‘Moderate Risk’ zone, indicating that many pre-retirees may face uncertain futures without adequate savings, healthcare coverage, or financial confidence to sustain themselves through retirement.

The IRRI distills the complex reality of retirement planning into a single, powerful number that will trend over time. Based on nationally representative survey data, the IRRI measures readiness across five critical dimensions: Savings and Investments, Healthcare Readiness, Lifestyle and Spending, Emotional Well-being, and Economic and Policy Confidence.

“This score is a wakeup call for America’s households, employers, and policymakers,” said Peter J. de Silva, CEO of IRALOGIX. “It’s not just a number, it’s a mirror held up to the financial anxieties, gaps in planning, and uncertainty that millions of Americans face as they approach one of life’s most important milestones: retirement. Our data shows that too few are prepared for both the financial and personal impact of aging-related issues, and are struggling with saving enough, planning for healthcare, and trusting that essential benefits like Social Security will be there when they need them. We believe the path to retirement readiness begins with awareness, and the IRRI is a step towards securing a more stable future for everyone.”

Retirement Readiness: Potential vs. Reality

When analyzing the results, each retirement readiness category (such as Healthcare Readiness or Savings and Investments) was assigned a maximum number of points it could contribute to the overall Retirement Readiness Score. This represents the “full potential” if Americans were perfectly prepared in that area. Based on survey responses, the “potential achieved” percentage tells us how much of that maximum was actually reached. The lower the percentage, the further away Americans are from being fully prepared in that dimension.

 

Where Americans Are Falling Behind: The Weakest Dimensions

 

Healthcare Readiness – 42.1% of Potential Achieved

Out of a possible 15 points that Healthcare Readiness could contribute to the national score, Americans only reached 6.3 points. This equates to just 42.1% of the ideal score in this area, making it the lowest-performing dimension.

What this means: Many lack a solid plan to manage healthcare costs in retirement, especially long-term care, which can quickly erode savings. Key gaps were noted in uncertainty about whether Medicare will meet future needs, absence of a plan for handling unexpected medical expenses, and fear of financial ruin from chronic illness or elder care. In an October 2024 survey on decumulation in retirement conducted on behalf of IRALOGIX, 37% of retirees said healthcare costs were their biggest withdrawal challenge, reinforcing the idea that healthcare isn’t adequately prioritized, either before or during retirement.

Savings and Investments – 43.2% of Potential Achieved

This category has the biggest influence on retirement readiness, with a maximum of 35 points available. Yet, respondents only realized 15.1 points, reaching just 43.2% of the potential in this crucial area.

What this means: Despite its importance, many are not saving enough or don’t know if their savings will last through retirement. Key gaps included low confidence in current savings, lack of a written retirement plan, and few respondents meeting regularly with financial advisors for retirement advice.

Lifestyle and Spending – 46.5% of Potential Achieved

Out of 15 possible points, respondents only realized 6.97 points in this area. That’s just 46.5% of the potential, signaling that Americans are underprepared to manage day-to-day expenses in retirement.

What this means: Many Americans have not fully transitioned from an earning mindset to a spending and sustaining mindset for retirement or created a detailed retirement budget that accounts for inflation, healthcare, or changes in income sources. Key gaps were noted in a heavy dependence on non-guaranteed income sources, and concern that working during retirement will be necessary, not optional. Survey responses also suggest that pre-retirees are adjusting their definition of retirement. For many, the idea of fully stepping away from work is no longer realistic or even desirable. Instead, they’re anticipating a retirement that includes part-time work, consulting, or phased retirement. Whether driven by financial pressure or a desire to stay engaged, this shift underscores the need for more flexible and personalized retirement planning.

Where Americans Are Doing Better: The Strongest Dimensions

Economic and Policy Confidence – 50.8% of Potential Achieved

Americans achieved 10.2 out of 20 possible points in this area, making it the highest among all categories, though still well below ideal.

What this means: There’s moderate confidence in navigating future economic and policy changes, but inflation remains a major concern. Notable insights included that half of the respondents expect Social Security to remain intact, many are using tax-advantaged retirement savings tools, but not fully, and widespread concern that inflation will erode retirement savings.

Emotional Well-being – 48.3% of Potential Achieved

Americans achieved 7.25 out of 15 points here, showing moderate preparedness for the emotional side of retirement.

What this means: While many respondents have strong social networks and plans for engaging in activities, others haven’t communicated their retirement plans with family, which can create stress down the line. Notable insights include positive scores in social support and hobbies and lower scores in family communication and transition planning.

“Retirement readiness is not just a personal issue, it’s a societal one,” said Peter de Silva. “When individuals are unprepared for retirement, the ripple effects are felt across families, workplaces, communities, and the broader economy. The IRRI was created to do more than just measure, it was designed to spark a national conversation, shine a light on the areas where Americans are falling short, and provide a roadmap to take action. With individuals facing longer lifespans, rising healthcare costs, and economic uncertainty, the IRRI will remind policymakers, employers, and financial institutions to work towards better solutions.”

Added Pete Littlejohn, President of IRALOGIX, “The good news is that retirement readiness isn’t out of reach, but it does require action. Americans can start by getting informed, setting clear goals, and using the tools available to them, from workplace retirement plans to personal savings and trusted financial advice. Preparation is power, and every step taken today helps build the confidence and security needed for tomorrow.”

Looking Ahead

IRALOGIX will redeploy the IRRI to track trends over time to elevate the national conversation around retirement readiness, paving the way for Americans to retire with dignity and security. 

Methodology

The IRALOGIX Retirement Readiness Index score is a data-driven measure of how prepared Americans are for retirement, expressed on a scale from 0 to 100. The score is derived from a nationally representative survey in which respondents answered 20 questions across five dimensions. Each question was rated on a 1-5 scale, with responses converted to a 0-100 score and weighted according to its importance within its category. The five dimensions were also weighted based on their overall contribution to retirement readiness, with financial preparedness emphasized the most. Each respondent’s weighted scores were totaled to generate an individual readiness score. The national Retirement Readiness score reflects the average of all responses. Risk zones in the IRRI are based on common indexing practices and are: High Risk (0-34.9), Moderate Risk (35.49.9), Caution Zone (50-64.9), Prepared (65-79.9), and Retirement Ready (80-100).

The survey was conducted in late March 2025 on behalf of IRALOGIX. Respondents were 62.67% male and 37.33% female, drawn from a national sample of pre-retirees.

To schedule an interview or for more information on the survey results or the index, don’t hesitate to get in touch with Scott Sunshine.

About IRALOGIX™

IRALOGIX is redefining the $14.5 trillion IRA marketplace through its industry-leading
technology-enabled, fully paperless, white-label IRA record-keeping and technology solutions.
The company’s proprietary technology solutions enable any financial institution to easily
customize its IRA offering and compete effectively in all segments of the IRA market, regardless
of account size. Through modular technology, institutional clients have the choice to use their
internal investment or advisory capabilities or select from key industry-leading providers.
IRALOGIX complements your market strategy, streamlines your IRA service options, and helps

you expand your business across all segments of the industry, profitably. For more information,
please visit www.iralogix.com.

PITTSBURGH, PA – April 2, 2025 – IRALOGIX, a leading provider of cloud-based, fully paperless IRA recordkeeping and technology solutions for the wealth management industry, has been named to FinTech Global’s prestigious 2025 WealthTech100 list. This is the third consecutive year the company has earned this honor.

The WealthTech100 recognizes companies tackling some of the biggest challenges in the investment industry, from the push for digital transformation to shifting client expectations and the effects of the intergenerational wealth transfer. The 2025 list was narrowed down from more than 1,200 candidates by a panel of industry experts, who selected 100 firms leading the way in innovation and impact.

IRALOGIX was selected for its work modernizing the retirement sector’s technology infrastructure, specifically for providing scalable, cloud-based technology that allows financial institutions to deliver IRA solutions without relying on dated systems.

“Being named to the WealthTech100 again is a strong validation of the work we’re doing to modernize a part of the industry that’s been slow to evolve,” said Peter J. de Silva, CEO of IRALOGIX. “Most retirement infrastructure still runs on legacy systems that limit flexibility and drive up costs.

Our platform replaces those inefficiencies with a scalable, compliant solution that’s future-focused, giving our partners the tools to deliver a client experience that reflects the best of modern financial technology.”

IRALOGIX’s technology enables banks, recordkeepers, and advisory firms to offer a wider range of IRA products with greater automation and flexibility. As many firms reevaluate their technology stacks, retirement services are becoming a growing area of focus, especially with new generations inheriting wealth and expecting modern digital experiences.

“This year’s selection process was more competitive than ever,” said FinTech Global director Richard Sachar. “With clients expecting hyper-personalized digital experiences, and global events continuing to test market resilience, firms can no longer rely on legacy systems or reputation alone. The 2025 WealthTech100 will help senior decision-makers in the investment industry identify the solution providers who can transform their businesses and help them stay ahead in this highly dynamic market.”

The full WealthTech100 list is available at www.WealthTech100.com.