Enterprise Information Management (EIM) for pension funds

An EIM system consolidates data from various sources, such as administrative systems, financial data, participant information, and external reports. It provides a central location for managing, organizing, and utilizing this information. This results in improved operational efficiency and decision-making.

An EIM system ensures regulation compliance through automated controls, audit trails, and reporting functionalities. It provides the ability to manage data in a secure and organized manner, which is essential for compliance with laws and regulations such as the Pension Act, GDPR, and reporting obligations to regulators.

Absolutely. This is achieved through data validation, standardization, and controls. EIM offers opportunities to identify and correct errors, reduce duplicate data, and improve consistency and accuracy.

Participants want quick, accurate, and comprehensive answers to questions about their pensions. An EIM system lets employees quickly access relevant information about participants and their pension schemes. This enables them to transparently inform customers about risks, choices, and costs and provide them with appropriate courses of action, resulting in a better experience for participants.