St. Paul, Minnesota—October 27, 2011—Sagitec Solutions, LLC, a global provider of pension administration software systems, announced today the addition of Change Management Services to its list of professional service offerings. The new services will help pension organizations address the difficult task of transitioning employees and organizational processes to a new IT system by delivering to clients change readiness, system adoption, and organization design services alongside Sagitec’s existing pension administration system business.

Twin Cities, Minnesota—September 27, 2011—Sagitec Solutions, LLC, a global provider of pension administration software systems, announced today a compound annual growth rate (CAGR) of 45% since 2004. In the first half of 2011, the company secured over $50 million in new contracts, strengthened their backlog to over $95 million, and expects increased revenue by 48%. With over 30 percent of assets in cash and cash equivalents, high retained earnings, and high quality receivables, Sagitec has started out the year with a bang—and is poised to capture additional market share.

Jefferson City, MO – Seeking to enhance business processes and improve service levels to members and employers well into the 21^st century, the Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) partnered with Sagitec Solutions, LLC, a global provider of IT administration solutions, to implement a new framework-based, “state of the industry” pension administration system.  The project, dubbed “OASIS,” implements Sagitec’s Neospin™ framework, which provides a technical architecture flexible enough to support PSRS/PEERS’ existing application functionality but includes many enhanced core functions such as data integrity, full transaction processing, security and internal controls.  The OASIS project began in March 2010 and is Sagitec’s second major pension system implementation in the state of Missouri. 

"When we began the search process for a pension software vendor we were looking for a company who had successfully built and implemented a proven solution for a complex retirement system like PSRS/PEERS of Missouri,” says Dearld Snider, Assistant Executive Director of Operations for PSRS/PEERS. “After conducting a thorough bid process it was easy to see why Sagitec had built such a strong reputation in the public pension arena over the last several years. Now that the project is fully underway, our staff is very excited about the progress made thus far, and we're looking forward to continuing our partnership with Sagitec throughout the project and beyond.”

The Missouri Local Government Employees Retirement System (LAGERS) launched a new Employer Web Portal using Sagitec Solution’s Neospin™ pension administration framework. This key phase of LAGERS’ initiative to replace their entire pension administration solution with Neospin™ was implemented ahead of schedule and is showing immediate and measurable benefits to LAGERS and employers alike.

Sagitec will replace multiple applications of MSRB’s current system with a fully hosted, integrated, browser-based solution built on a Microsoft .NET platform.

As the most vital piece of a larger strategic effort to improve their IT infrastructure, the modernization of the Massachusetts State Board of Retirement's pension LOB solution is now in the hands of Sagitec Solutions, LLC. Sagitec, a global technology services company, won the multi-year contract to replace MSRB’s existing system with a customized version of its industry-leading Neospin™ framework. The completed solution, to be hosted and managed by Sagitec at their hosting center in Denver, Colorado, will improve MSRB’s business processing speed and accuracy, enhance member services by extending self-service capabilities to members and employers, and help MSRB control costs by increasing the efficiency of its staff.

Sagitec Solutions, LLC recently won a bid to assist the Virginia Retirement System (VRS) in implementing a multi-year program the agency is calling "modernization."

Sagitec Solutions, LLC recently won a bid to assist the Virginia Retirement System (VRS) in implementing a multi-year program the agency is calling "modernization." The program's goal is to upgrade the agency's aging technology infrastructure and streamline business processes, while providing superior service to a growing number of members and retirees.

Sagitec Solutions, LLC, a global technology services company, is implementing its Neospin™ framework at the Denver Employees Retirement Plan (DERP). DERP, which provides a defined benefit retirement plan for over 20,000 employees and retirees of the City of Denver, Colorado and the Denver Health and Hospital Authority, will receive an integrated, browser-based pension administration system to be hosted by Sagitec at their data center in Denver. This multiple-year contract marks Sagitec's second pension system implementation in Colorado.

Sagitec Solutions, LLC celebrates its fifth anniversary on April 1st. Sagitec has rapidly established an impressive track record of successful system implementations, and is currently engaged in several major public pension projects across the country.

Sagitec Solutions, LLC celebrates its fifth anniversary on April 1st. The team behind this global technology solutions provider has cause to celebrate. Sagitec has rapidly established an impressive track record of successful system implementations, and is currently engaged in several major public pension projects across the country. The challenging economic environment hasn't stopped the company from steadily increasing market share. The group of focused IT specialists has quickly become an acknowledged leader in the public pension industry. Senior Partner Rick Deshler describes Sagitec's recipe for success:

Sagitec Solutions, LLC has launched the implementation of a new benefits administration solution for the Missouri Local Government Employees Retirement System (LAGERS). Sagitec, a global technology services company, won the multi-year contract to replace LAGERS's existing system with a customized version of its industry leading Neospin™ framework. LAGERS, which administers multiple retirement, death, and disability benefit plans for over 44,000 participants and 553 participating political subdivisions across Missouri, seeks to improve business processing speed and accuracy, and extend self-service capabilities to members and employers.

KCPSRS awards Sagitec a managed services contract for a fully hosted pension administration solution. 

Sagitec Solutions, LLC, a global technology services company was selected by Kansas City Public Schools Retirement System (KCPSRS) to provide, implement, host, and support a new KCPSRS pension administration system.