Third party administrator, Pension & Benefit Services Limited (PBSL), has selected Xafinity Claybrook’s award winning Compendia software platform for its pension administration and management; supporting in excess of 21,000 members across 24 schemes.
PBSL are in the process of migrating their existing clients, and will place all future clients onto the Compendia system. The fully-tailored platform supports PBSL’s business values of right first time, personal service and value for money.
The system also allows PBSL to create totally unique integrated workflow processes, and automated calculations incorporating data validations which ensure the integrity of scheme data. PBSL is one of the first third party administrators to use the system in such a specialised way.
Michael Payten, Managing Director, Xafinity Claybrook, commented:
“We are delighted to be working with PBSL to deliver a tailored system ensuring they continue to provide the best service for their clients and their members. Xafinity Claybrook’s approach provides clients with self sufficiency and scalability so they can compete aggressively and deliver the highest quality services possible.”
Elaine Tarver, Managing Director, PBSL, added:
“We pride ourselves on constantly delivering the highest quality third party
administration services possible and we are committed to ensuring that our clients receive the most efficient, flexible, comprehensive and highest quality pension administration service, which is why we selected Xafinity’s Compendia system.
Working with Xafinity to design and implement our system has streamlined the administration process, enabling us to focus on the delivery of personal, professional and flexible value added services to trustees and their members.”
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