As part of the deal, Matrix’s core trading platform has been added to the UBS Select for Corporate PlansPlatform.
UBS with the help of combination of services will increase its visibility into retirement plan assets and activity throughout the firm and will tighten their core compliance processes.
The bank’s financial advisors will be able to view values and activity in their plans on the Matrix platform through the UBS desktop platform, ConsultWorks.
Matrix president John Moody said that the company’s BD Platform will support UBS in its effort to continue to grow its retirement business in an increasingly regulated environment and provide increased visibility and tighter controls.
