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What is BenXL Pension Administration?

The Pension Administration System features a calculation engine, a data management application, a tool for generating reports, and a development platform designed for plan sponsors, third-party administrators, and benefits consultants. Its purpose is to effectively model complex benefit plans through parameter definitions, predefined business objects, and entry points that adhere to established protocols, all customized to meet distinct benefit administration requirements. Implementing an N-tier architecture, the system divides the application into multiple layers, promoting a modular design that supports scalability and enables rapid, cost-effective integration with existing client infrastructures. Moreover, the Pension Administration System is crafted to simplify all pension administration functions without necessitating intricate coding. In addition to these features, the system provides a range of functionalities aimed at improving usability and efficiency for its users. This comprehensive setup ensures that organizations can manage their pension tasks seamlessly while maintaining high levels of productivity. Furthermore, below is an extensive overview of some of the processes offered within the system.

What is Equiniti Retirement Solutions?

Equiniti Retirement Solutions offers a diverse range of innovative software and platform solutions designed to transform pension administration through state-of-the-art technology and digital advancements. With a rich heritage spanning over 187 years in sectors such as retail and workplace wealth, life, and pensions, EQ is dedicated to delivering technology that is ready for the future, aimed at reducing ongoing costs, improving efficiency through automation, and managing regulatory risks effectively. Their distinct administration platform, Compendia, ensures a seamless user experience, featuring automated benefit calculations, efficient document management, and self-service options for members. Specifically tailored for Local Government Pension Schemes (LGPS), the Compendia LGPS addresses the unique needs of public sector pension administration by integrating workflow automation, online member services, and real-time management insights. Additionally, EQ provides robust data solutions that tackle the risks associated with inadequate pension scheme data, promoting greater reliability and accuracy in pension management practices. This holistic strategy highlights EQ's unwavering commitment to improving the overall efficiency and effectiveness of pension administration for its clients, ensuring they are well-equipped to meet future challenges. In doing so, EQ not only enhances operational performance but also fosters trust among stakeholders.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

BenXL

Company Website

www.benxl.com

Company Facts

Organization Name

Equiniti

Company Location

United Kingdom

Company Website

equiniti.com/uk/services/retirement-solutions/software-platform-solutions/

Categories and Features

Benefits Administration

COBRA Administration
Claims Management
Deduction Management
Disability Insurance Administration
Employee Benefits Administration
FMLA Administration
FSA Administration
Flexible Spending Accounts
For Brokers
For Employers
HIPAA Compliant
Health Insurance Administration
Life Insurance Administration
Online Benefits Enrollment
Premium Billing
Provider Management
Retiree Administration
Retirement Plan Management

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