A mobile annuity planning application created by CUNA Mutual Group has been named among CIO magazine's 100 award recipients for 2013.
The Madison, Wis.-based company's said its Retirement Radar app leverages "gamification" techniques for tablet, mobile and PC use. By integrating gamified design and mechanics, the app creates a clear sales experience for customers and financial advisers, CUNA Mutual said.
Launched in November 2012, Retirement Radar also features icons and visual imagery that enable the adviser to illustrate a personalized solution "to an otherwise serious, sometimes frightening, and complex topic of retirement income," according to CUNA Mutual.
CIO 100 award recipients were selected through a three-step process, CUNA Mutual said. Companies first submitted an online application detailing their innovative IT and business initiatives. Applications were then reviewed by judges who looked for unique practices and substantial results. Finally, CIO editors reviewed the judges' recommendations and voted on the final 100.
"For 26 years, the CIO 100 awards have honored the innovative use of technology to deliver genuine business value," said Maryfran Johnson, editor in chief of CIO magazine. "Our 2013 winners are an outstanding example of the transformative power of IT to drive everything from revenue growth to competitive advantage."
Rick Roy, CUNA Mutual senior vice president and chief information officer, will accept the award on behalf of the company at the CIO 100 Symposium & Awards Ceremony on Aug. 13 at The Broadmoor in Colorado Springs, Colo.
"This award is a true testament to the dedication and commitment of our people who push and challenge our ideas and innovation to help our credit union customers expand beyond traditional services and compete in the investment and financial services marketplace," Roy said.
This year's award recognition marks the sixth time CUNA Mutual has received the CIO 100 honor since 2004, the company said.
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