Intuitive
Software
Crafted for
Occupational Pension Funds
Intuitive
Software
Crafted for
Occupational Pension Funds
WHY OPFs
The Purpose of OPFs
For the employee, occupational pensions are good news not only because they are a tax efficient way of saving for retirement, but also because the pension will grow quicker as a result of employer contributions rather than just relying on an employee’s own contributions. And for an employer who provides an occupational pension scheme to its employees, from a HR perspective it acts as a good incentive for new employees thinking of joining the company and as a means of staff retention and motivation for existing employees.
OVERVIEW
PCS Pension is a modular, end-to-end integrated solution that minimizes the operational costs using the latest web technologies.
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.
BACKOFFICE – FEATURES
Backoffice PCS Pension Administration
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.
- Policy Issuing
- Amendment Issuing
- Receipt Issuing
- Payment of Benefits
- Fees Calculator
- Interest Calculator
- TAX Calculator
- Rebalancing Calculator
- Regular & Ad-hoc Contributions
- Employee or Employer Contributions
- Percentage of Salary Contributions
- User – defined Amounts
- Different Types of Investments
- Basket Products
- Investment Position per Employer
- Investment Position per Contribution Type
FRONT OFFICE FEATURES
Front Office PCS Pension Portal
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.
- Dramatically reduces administration costs
- Improves scheme management, streamlines workflow
- Facilitates professional reporting and management
- Allows confidential access to scheme level participation, performance and usage information
- Provides the ability to monitor pension fund performance
- Provides up-to-date scheme information and investment performance data
User-Focused Design
Mobile & Easy to Use
Fully Customisable Automated Processes
OUR WORK VALUES
Credible, Committed, Customer Centric
PCS’s know-how in the development of banking software solutions derives from the technical knowledge and experience of its executive staff, and the continuous development of their skill through internal and external education programs, continuous research & development, and specific methodology of knowledge spreading and consolidation.
PCS has acquired a great experience in the administration of several different IT areas like Databases, Operating System, Web servers, Application Servers, Network & Security. A big emphasis was given in gaining all the experience needed for developing online real time interfaces with different systems like core banking systems, accounting systems, transactional applications & platforms, messaging systems etc.
10 Countries
Installations of PCS software accross Europe & Africa.
€ 20 Billion +
AuM through PCS infrastructure
ISO 9001:2015
Awarded the certification for its quality management system
Fintech of the Year 2022
After receiving eight awards at the Digital Finance Awards 2022
Our goal is to be a partner that understands our clients’ needs, a partner that delivers what has been promised.
We build innovative and effective solutions, driven by teams that strive for excellence, in order to enhance the performance of our customers.
CONTACT
Intersted? Let’s Talk
Just fill this form and we will contact you promptly to discuss your project. Hate forms? Drop us a message at sales@pcs.gr
