Legacy Systems are the “White Elephants” for Retirement Services Industries

Legacy Systems are the “White Elephants” for Retirement Services Industries

The Retirement Services Industry traditionally has been a slow adopter of information technology solutions. While the transition from VISIO Calc to next generation systems was…

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Consolidate or Replace: IT Application labyrinths in the Retirement Plan Administration Organizations

Consolidate or Replace: IT Application labyrinths in the Retirement Plan Administration Organizations

Plan provider organizations which complain about the cost of IT maintenance often fail to realize that the root cause for the humongous IT expenditures are…

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Retirement Plan Information: Paper versus Electronic communication Dilemma

Retirement Plan Information: Paper versus Electronic communication Dilemma

While legislative and regulatory policies are allowing the plan providers to have the electronic delivery of communication as their default channels, the story is different…

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Big Data: Time for the data to drive the opportunities in the Retirement Industry

Big Data: Time for the data to drive the opportunities in the Retirement Industry

In 2012, with the onset of new transparency requirements, TimotySlavin of Broadridge prophesied that a clear insight into the fees related to plan and fund…

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4 Reasons why pension providers don’t want to upgrade Aging and Obsolete Enterprise Systems:

4 Reasons why pension providers don’t want to upgrade Aging and Obsolete Enterprise Systems:

In the retirement services industry, aging IT Systems that have been upgraded with a piecemeal approach over the years are a major challenge to the…

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Pension Auto-enrollment Employee Assessment – Getting it right!

Pension Auto-enrollment Employee Assessment – Getting it right!

Auto-enrolment pension reform made it mandatory for every UK employer to enroll workers automatically into a qualifying pension scheme – starting in October 2012. Auto-enrolment…

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Leveraging BIG Data to boost business

Leveraging BIG Data to boost business

In the United States alone, there are close to 200 million customers of the pension/insurance industry, as per 2013 figures [Bureau of Labor Statistics, US…

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3 Most Important Technology Considerations for Modern Retirement Plan Recordkeeping Systems

3 Most Important Technology Considerations for Modern Retirement Plan Recordkeeping Systems

It is a matter of fact that the typical plan provider organizations must provide enterprise services to an ecosystem of many stake holders: plan administrators,…

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Big Data Landscape 2016- a General Sherman

Did you watch the jungle book movie??? I mean not the new fantasy adventure but the old funny “George of the jungle”. I just love…

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