The landscape of procurement for pension funds continues to evolve, driven by tighter vendor RFP response timelines, increasingly complex requirements, and the need for more collaborative relationships between funds and vendors. My experience and peer conversations, along with observations from practitioners, highlight several procurement practices that could improve for both pension funds and vendors to be successful in today's environment. 

Pension technology systems across the globe are under pressure. Organizations face growing expectations to modernize their operations, improve member experience, and ensure security. Often, these expectations are growing faster than budgets and staffing levels.

Attending the PRISM (Public Retirement Information Systems Management) conference was a fantastic opportunity to network with our peers and better understand the evolving needs of our customers. At Sagitec, we thrive on building connections and supporting our clients, and this event allowed us to do just that. Engaging with industry leaders, sharing insights, and discussing the latest trends is invaluable as we continue to enhance our offerings and deliver exceptional service.