Pensions Dashboard project announces FinTech pioneers

Dec 22, 2016

Six firms have been chosen as technology development partners on the Pensions Dashboard, creating the first prototype of an online service which will show people all their pension savings together.

The project is being managed by the Association of British Insurers (ABI) on behalf of HM Treasury, with the prototype due to be ready for testing in March next year.

Over 60 firms expressed an interest in taking part in the project on a pro bono basis.

After a competitive and rigorous evaluation process, the firms have been assigned to five different areas of the project as follows:

Pensions Dashboard User Interface (how people will interact with the dashboard):

  • Runpath and Experian (joint pitch)

Pensions Finder Services (how the system retrieves information on people’s different pension pots)

  • Origo and Experian

Identity Providers (verification of people’s identity and personal details)

  • Safran and Experian

Integration Service Providers (providing the additional connections some pension firms will need to share data with the dashboard)

  • ITM and Aquila Heywood

Matching / Data Quality Analysis (overcoming the challenges of finding everyone’s pension in every system)

  • ITM and Experian.

 

Read full article here from ABI: https://www.abi.org.uk/News/News-releases/2016/12/Pensions-Dashboard-project-announces-FinTech-pioneers

Guy Ridley, Director at ITM Limited says:

ITM are supporting the programme as a leading Integration Service Provider and also as consultants on how data quality will impact on the matching and enablement phase, after the Prototype has been completed.  ITM believe, by assisting this phase of the work, it can add significant value when looking at designs and practical application of the prototype solution and how this will influence the potential longer term solutions that will be implemented in the later phases of the project.

SIMILIAR NEWS

ITM and Altus join forces in first ground-breaking Pensions Dashboards connection ITM and Altus join forces in first ground-breaking Pensions Dashboards connection Nov 23, 2021 Today, Altus, Financial services software specialists, and ITM, pensions data and platform technology specialists, announced they are joining forces to become the industry’s first commercial
ITM becomes PASA expert partner for Pensions Dashboards ITM becomes PASA expert partner for Pensions Dashboards Nov 16, 2021 The Pensions Administration Standards Association (PASA), the independent body dedicated to driving up standards in pensions administration, today announced leading independent pensions data
GMPe Transfers: How far do you go? GMPe Transfers: How far do you go? Sep 28, 2021 How far should schemes go when it comes to past transfers and equalising GMPs? How far is it even possible to go?! With audit trails and data quite possibly not in the best shape, it’s no wonder
Processing...
Thank you! Your subscription has been confirmed. You'll hear from us soon.
ErrorHere