Wesleyan expands ties with SS&C
12 August UK
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SS&C Technologies Holdings has formed a long-lasting arrangement with Wesleyan Assurance Society, to provide life and pensions administration solutions to its affiliates and patrons.
The financial services mutual will enact SS&C to support WesInvest, its latest digitally-focused wealth management service, after a competing bidding process.
A wider array of investment and retirement services will be provided to Wesleyan’s financial consultants and their users through the channel.
Wesleyan intends to streamline its investment, retirement, and protection systems through the transfer of management of life and pensions administration to SS&C.
More than 200 Wesleyan staff will move to SS&C as a result of the changes.
SS&C’s protected cloud network will cover Wesleyan’s policy administration structure, with the aim to facilitate consistent technology improvements and hyperautomation.
WestInvest patrons and current life and pension supporters will be incorporated in SS&C sole client service structure.
Mario Mazzocchi, CEO at Wesleyan says: “This latest collaboration will enable us to best serve our customers’ needs as market demands evolve. SS&C’s intelligent automation technology will help provide our life and pensions clients with an enhanced, digital experience.”
Bill Stone, chairman and CEO of SS&C Technologies says: “We are excited to welcome Wesleyan’s team and support the digital transformation of their life and pensions operations.”
This agreement follows Wesleyan’s appointment of SS&C earlier in the year.
The financial services mutual will enact SS&C to support WesInvest, its latest digitally-focused wealth management service, after a competing bidding process.
A wider array of investment and retirement services will be provided to Wesleyan’s financial consultants and their users through the channel.
Wesleyan intends to streamline its investment, retirement, and protection systems through the transfer of management of life and pensions administration to SS&C.
More than 200 Wesleyan staff will move to SS&C as a result of the changes.
SS&C’s protected cloud network will cover Wesleyan’s policy administration structure, with the aim to facilitate consistent technology improvements and hyperautomation.
WestInvest patrons and current life and pension supporters will be incorporated in SS&C sole client service structure.
Mario Mazzocchi, CEO at Wesleyan says: “This latest collaboration will enable us to best serve our customers’ needs as market demands evolve. SS&C’s intelligent automation technology will help provide our life and pensions clients with an enhanced, digital experience.”
Bill Stone, chairman and CEO of SS&C Technologies says: “We are excited to welcome Wesleyan’s team and support the digital transformation of their life and pensions operations.”
This agreement follows Wesleyan’s appointment of SS&C earlier in the year.
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