Kivalia Web Platform is Powered by the Xignite Market Data Cloud
For many participants in employer-sponsored retirement plans, deciding how to allocate their contributions can be very confusing and many simply give up this responsibility only to be slotted into the plan’s default options — typically age-based target data funds. With the Kivalia platform, employees can add their employer’s plan information and gain insights into the entire universe of investment options available to them. Kivalia instantly returns fund ratings and three portfolio allocations for users to choose from — conservative, moderate, and aggressive. Users can then implement the allocation advice they see fit.
“We believe there are huge problems with the U.S. retirement plan system. In general, people do not save enough and they do not receive specific advice tailored to their unique plans,” said
Kivalia is using historical stock price data and Net Asset Value (NAV) data for U.S. mutual funds to create proprietary “style maps” for over 40,000 individual securities. By integrating Xignite’s equity, mutual fund and ETF market data feeds, as well as periodic dividend and interest market data APIs into their platform, Kivalia can provide users with advice on investment risks and ratings, portfolio diversification, as well as a clear picture of the fees involved with investing.