The growing pension market and the continuous regulatory framework changes put enormous pressure on Pension managers/providers to continually adjust their IT systems to support their daily business and reporting obligations. Administration costs are increasing due to inflexible systems scattered over multiple sources and disrupt the capacity to deliver customer value in an efficient and cost-effective manner.
PCS enables government and private group pension plans, insurance companies, union trusts and financial institutions to gain a modern platform to provide the most effective and efficient pension administration service and a self-service portal for group pension members with benefit calculation and retirement planning tools to prepare for their futures.
PCS Group Pension Platform is a modern software solution, which provides group pension providers with a fully featured platform that consolidates policy and IRAs administration, investment definition, contribution / transaction monitoring, reporting and other tools.
The PCS Pension Portal digitizes and supports all front-office and communication activities between pension companies, savers, employers, or other parties. The solution is an end-to-end integrated pension platform that minimizes operational effort and maximizes convenience and quality of services.
The platform is built upon the latest web technologies and ensures best practices covering all functional expectations, meeting local regulatory requirements and minimizing operational risk and costs by automating tedious processes.
The solution can be tailored and deployed within a few days and is a cost-efficient facility to support front-office activities and communication between Pension Providers/Administrators, Savers, Group Pension members, Employers or other parties.