Metrics, the key to operational performance benchmarking
- Jordan Bartlett
- Thu, Apr 13, 2017
- Pension, Pension Administration, Digital, Key Performance Indicators, Business Process Improvement, Metrics, Benchmarking
In today’s digital and highly automated business environment, there is a growing trend to expand operational performance benchmarking. This fixation on continuous process improvement was evident in a recent study by the National Conference on Public Employee Retirement Systems (NCPERS). The study, which compiled responses from 159 state, local and provincial government pension funds, found that 23 percent of pension funds have expanded operational performance benchmarking and 8 percent are considering it.
Digital Transformation: Future of Pensions
- Rick Deshler
- Mon, Apr 10, 2017
- Pension Education, pension system implementation, Pension, Pension Administration, Digital
Digital Transformation is definitely the rage du jour – and for good reason. Traditional business models have been assaulted as innovative companies radically improve performance and customer reach. Digital advances such as analytics, mobility, social media and smart embedded devices are changing business models, customer relationships, and entire value propositions.
Give the power of mobility to your pension members. Go digital!
Did you know that two of three Americans own a smartphone today? Smartphones are used for almost everything today – ordering food, banking needs, shopping online or booking doctor’s appointments. Most industries have realized the potential of mobility solutions and have leveraged it for better customer experience and detailed behavior analytics leading to personalized products and services.
Sagitec provides pension administration solutions for clients of all sizes
Replacement of a pension administration system is a big decision for an organization to make. Determining which solution is best, and the feasibility of implementing said solution, pose even bigger challenges.
Sagitec proudly sponsors Canadian Days as it celebrates its 40th year
For the past 39 years, Little Canada has hosted an annual, weekend-long community festival dubbed Canadian Days. This year marks the 40th annual celebration, which will be held from July 29th through July 31st. This year’s theme is "May the 40th be with You," a nod to the festival’s 40th year and cultural phenomenon, Star Wars.
Fifty-eight percent of Americans aged 50 to 64 own a smartphone. What is your pension agency doing about it?
Studies show that mobile app adoption rates amongst older generations are significant and climbing. A recent study (2015) from the Pew Research Center shows that 58% of Americans aged 50 to 64 own a smartphone¹.
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.
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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About this blog
Sagitec is a global technology solutions company delivering dynamic, tailor-made IT solutions to leading public and private organizations. Subscribe to our blog to stay up-to-date with the latest industry news and trends.