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.

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.

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.

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.

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?   

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.

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.