Relius RoadmapRANDUG 2017

November 13, 2017

Warren Jennings

Bringing industry leading solutions together from

Omni, Relius and Reliance Trust, FIS is positioned to empower small and large retirement plan providers with a comprehensive, integrated suite of retirement solutions

FIS Retirement Solutions

FIS Retirement Solutions

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FIS now brings every component a 401(k) provider needs to deliver services to plan sponsors including:

• Recordkeeping and plan administration technology

• Fiduciary and compliance solutions

• Collective investment trusts

• Custody and directed trustee services

• Financial planning, asset allocation and retirement readiness

• Back-office outsourcing solutions

2016 Release Highlights

• Release 20.1– Focused on Participant Web Upgrade

• Most pervasive upgrade since Relius

inception

• Current, competitive, and responsive

application

• Delivers an optimal viewing experience

across all devices – computer, smartphone

or tablet

• Release 21.0

– Money Market Regulatory changes

– Capital Group Allocated Link

– MyRetirement Income Goal Default

– Mid-Atlantic Modifications support fund fee reinvestment

– Cash Reconciliation Cash Verification Modifications

– iJoin Enrollment Integration

– Year End Data Collection

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• Release 22.0– Default Distribution codes

– SGN: Fidelity Fee & Revenue changes

– SGN: New Electronic Vendor Setup (SFTP)

– Web display changes

– Stock Diversification warning on web

– New password security options for web

2017 Release Highlights

• Release 2017.0– Web display changes

– 403(b) SPARK Distribution Import

• Release 2017.1– Relius Communications: Participant Statements

– Fidelity PASW

– Mid-Atlantic Distribution Export Enhancements

– Matrix Distribution Export

– Updated 5500 XML Schema Export

– Relius Web display changes

– SGN – New SFTP process (*must migrate by 9/30/2017)

– YEDC enhancements

– Support defects

• Release 2017.2– Relius Communications: Plan Sponsor Statements

– Voya Allocated Link

– Fidelity 22c-2

– Fidelity Fee & Revenue

– Support defects

* Subject to change

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2018 RELEASE SCHEDULE*

– 2018.0

• Scheduled to release; April 2018

– 2018.1

• Scheduled to release; August 2018

– 2018.2

• Scheduled to release; November 2018

• Release 2017.3– Reliance Trust Integration

– Relius Communications Enhancements

– Schwab NOD/ACH

– Web Pending Transaction/Current Balance

– Web Investment URL

– Web Enrollment

– Web Grid Enhancements

– Single Sign-On (SSO) – SAML 2.0

– Relus YEDC Enhancements

– MyRetirement – New Calculation Engine*

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Relius Communication Package

• What it includes:

− Participant and Plan Sponsor Statements

− Participant Enrollment Kits

− Fee disclosures - ERISA regulation 404(a)(5)

− Investment data

− Fund Fact Sheets

• Delivery:

− Participant Statements – 2017.1

− Plan Sponsor Statements – 2017.2

− Fund Fact Sheets – 2017.2

− Enrollment Kits – 2018.x

• Benefits:

− Easy single vendor implementation

− Fully integrated retirement projections

− Fulfillment and Archiving with FIS

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Relius Roadmap

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Relius Year End Data Collection

• What it includes:

− Web solution integrated with RA to securely collaborate with plan sponsors in real-time to collect and confirm year end information for annual compliance testing, contribution allocations and completion of Form 5500.

• Delivery:

− Phase 1 – Q4 2016

− Phase 2 – Q2/Q4 2017

• Benefits:

− Create customizable YEDC consisting of plan level questionnaires, instructions and notifications

− Prefill questionnaires and census with data from RA

− Validate YEDC payroll against year-to-date payroll

− Update and review information completed directly in RA

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Fidelity PASW (Managed Accounts)

• What it includes:

− Integration with Fidelity and Next Capital for Managed Accounts

• Delivery:

− Fidelity launch – Q3 2017

• Benefits:

− Partnership with Next Capital

− 100+ methodologies to meet participant retirement goals

− Can use funds currently available in plan

Relius Roadmap

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Reliance Trust Company (RTC) Integration

• What it includes:

− Distribution export link with RTC

− Trading link with RTC

• Delivery:

− Distribution export link (participant distributions) – Q4 2017

− Trading link – Q4 2017

− Plan distributions – Q2 2018

• Benefits

− Single provider

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Security – Multi-Factor Authentication

• What it includes:

− Relius Administration Web

− Relius Government Forms ASP

− One Time Pin (OTP)

− Secure transactions

• Delivery:

− Q2 2018

• Benefits:

− Increased security

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Payroll Integration

• What it includes:

− Integration with payroll provider(s) to provide 360�

data feeds

− Discussion with Paylocity, Paycor, etc. – do we want to go direct?

− www.payrollintegrations.com serves as a hub to payroll providers

• Delivery:

− TBD; 2018

• Benefits:

− Improved efficiency

− Reduce errors

− New business opportunities

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Plan Health

• What it includes:

− Data aggregation

− Dynamic interface to view/report plan health

• Delivery:

− TBD

• Benefits:

− Increased customer service

− Targeted campaigns to drive new business

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Relius Workflow* - “repeal and replace”

• What it includes:

− 5 models (termination, in-service, hardship, loan distributions, payroll, year-end processing)

− Transactions entered via the web or directly into Relius Administration

− Calculates and validates vesting

− Sets and validates 1099-R codes

− Library of validations to choose from

− Customizable emails to participants

• Delivery:

− Implementations scheduled

• Benefits:

− Increased automation

− Reduce errors

− Increased customer service

− Reallocate resources to other areas of the business

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Relius Documents

• What it includes:

− Development work to support 403(b) restatement June ’17

− Enhancements for RD Exchange

− Enhance RD system

• Delivery:

− TBD

Relius Government Forms

• What it includes:

− Client Enhancements

• Delivery:

− Q1 & Q2

• Notes:

− Proposed changes for 2019 Form Year

− More questions to gather information about the plan

− Electronic filing for 5558

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BPaaS

• What it includes:

− RA outsourcing services

− RD outsourcing services

− RGF outsourcing services

• Benefits:

− Focus on what you do best.

Miscellaneous

• What it includes:

− Client Support

− Client Enhancements (across all products)

− Automatic Enrollment\Escalation – 2018

− DVC/STP enhancements

− UX projects (RGF, RD, RA Web)

− Conversion & Consulting services

Technology

• What it includes:

− Security Reviews

− MFA

− Oracle Migration

− Database Encryption

− Performance Improvements

− www.relius.net

− Primary Key Replacement

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Relius Web

• What it includes:

− Top side menu has limitations

− Left side menu navigation allows for more menu additions without disrupting the design

− Left side menu navigation allow for Plan and Participant name to display on every page

− Third level menu navigation will be more accessible

− The user has the option to expand or collapse the left side menu navigation

− More responsive to tablet – the collapsible navigation allows display to fit easily onto tablet

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Q&A