Voya Financial
| Company type | Public |
|---|---|
| Industry | Financial services |
| Predecessor | ING U.S. |
| Founded | 2013 |
| Headquarters | New York City , United States |
Area served | United States |
| Products | Financial services, retirement planning, investment management, insurance |
Number of employees | 400 (Des Moines facility, 2014) |
| Website | www |
Voya Financial is a U.S.-based company specializing in financial services, retirement planning, investment management, and insurance, headquartered in New York City. Initially operating as ING U.S., the American subsidiary of ING Group, it became independent following a spin-off in 2013 and secured its own financial resources through an initial public offering. The firm adopted the name Voya Financial in April 2014. Its antecedents first entered the American market during the 1970s.
In 2024, Voya Financial reappeared on the Fortune 500 list, positioned at #487 with reported revenues of $7.3 billion.[1]
Operations
The principal hub for the company's broker-dealer activities, operating under the ING Financial Partners division, along with its annuity services, is situated in Des Moines, Iowa.[2] Founded in 1997, this facility employed approximately 400 individuals as of late 2014.[2][3] On July 31, 2017, Voya entered into an agreement with Cognizant to outsource a wide range of IT functions, resulting in workforce reductions and the transfer of certain positions to Cognizant.[4]
Further reading
External links
- ↑ "Voya Financial". Fortune. Retrieved 2024-06-09.
- ↑ 2.0 2.1 Cite error: Invalid
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<ref>tag; no text was provided for refs namedpatane2015 - ↑ "VOYA FINANCIAL, INC. (NYSE:VOYA) Files An 8-K Entry into a Material Definitive Agreement - Market Exclusive". marketexclusive.com. Retrieved 2017-09-06.