Pensions

Due to national regulations and schemes in every region, the pension sector varies greatly from country to country. Globally, however, the pension sector faces similar challenges, such as the balancing act of having to deliver yields for participants and lowering costs per participant – all while being weighed down by complex legacy IT landscapes.

The need for process optimisation acceleration and lowering costs is widely known, especially in countries where a more competitive market environment is making its entrance. Integration of pension funds, the search for a leap in digitisation and the transition of core processes to external service providers are logical steps that are being taken.