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Sagitec Blog

Top 3 Reasons why your Pension Agency should consider MOBIAS


MOBIAS Pension is a mobile app that provides your members access to their pension accounts via a downloadable application. MOBIAS differs from a traditional member web portal in that it offers mobile-optimized account access with the integrated native features of a mobile phone (i.e. camera, GPS, phone, email, etc.).  With MOBIAS, the power of self-service is at your member’s fingertips, allowing them to access and update their information anytime, anywhere.

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Five Mistakes to Avoid when Designing your Pension Administration System

It’s easy to get caught up in the possibilities when it comes to designing your new pension administration system. And of course, you want to make sure that your new system makes up for the inadequacies of your old one. However, fixating too heavily on such details can lead the system design process astray.

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Five reasons why pension agencies need to evolve their IT infrastructure

Are you contemplating whether to invest in a new pension administration solution? If so, this blog will provide you with compelling reasons why you should make a strategic investment in your IT infrastructure.

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Why are there so many PIRs? In Defense of the Defect Ratio

In a perfect world, a newly implemented software system would go-live with no PIRs (Problem Incident Reports). And everything would look and function exactly how the client had envisioned - flawlessly. Surely, an understandable aspiration; however, let’s look at whether or not that is a realistic expectation.

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Three Things You Should Know About MVVM and Your Neospin™ Pension Administration Solution

MVVM – short for Model-View-ViewModel – is an architecture pattern that takes advantage of its user’s device capabilities and browser memory to improve application performance. This results in a better user interface experience for the user.

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Sagitec Serves Clients of Varying Size and Complexity

There has been some confusion in the market about the scalability of Sagitec’s pension administration solution, Neospin™. Some industry representatives assume that Sagitec can only serve large agencies, this however, is not accurate.

After contemplating this inaccurate assumption, I have surmised that these comments are merely a product of how the human mind operates. People use available information to explain the cause and effect of events in an effort to make sense of the world. Therefore, these individuals are attributing Sagitec’s recent project acquisitions to the market segment the firm is able to serve. This attribution, however, is not accurate.

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Pension Goes Mobile: There’s an App for That

Did you know that there is a mobile application that tells you where you parked your car in a pirate voice? Yes, there’s an app for that. An ARRR-guably useful app for some, what about the benefits for a member of being able to update contact information or view annual statements via a pension app?   

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Correspondence: How Can Sagitec Help Clients Keep the Bead on a Moving Target?

Correspondence is a moving target. Changes in public policy that a pension agency must comply with and internal decisions to update the language, tone, or style of a correspondence all contribute to the need for frequent updates over the course of a project. And since such requests for change can happen at any time, it is difficult to enforce an organized update and review process.

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Pension Perfect Storm Infographic

How will the pension system affect your future?

The Pension Perfect Storm infographic depects the 3-critical converging forces changing the landscape of the pension system today. Aging Technology, Aging Population and Reform Oriented Plan Design are all affecting how future generations will be impacted by these changes. The storm in the middle poses the question, "What does this mean?"

This is the reason why many pension systems are looking for new pension software and solutions like Sagitec. To learn more take the Free Pension System Assessment online today for your customized solution.

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NCTR Chief Shares Why DC Plans are "Inadequate" for Retirement Security

Over the last 25 years, the pendulum in the public pension industry has been swinging from Defined Benefit (DB) plans to Defined Contribution (DC) plans. Powerful advocates in the government and financial sectors have proclaimed that DC plans are the key to reforming a broken pension industry, regardless of the state of the economy. In a bear market, DB plans are unsustainable they say. They put state and local agencies on the path to inevitable failure. On the other hand, in a bull market, DC plans significantly outperform DB plans. Why wouldn’t a pension fund want to follow the DC model?

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