DATA TECHNOLOGY CONSULTANCY ABOUT US We use cookies to ensure that we give you the best possible experience on our website. By continuing to use our site we assume that you are happy to continue on this basis. Ok, that's fine PROFUND Software solutions to help you manage pension schemes, payroll and accounting Pension administration You want pension software which enables you to run your scheme efficiently, with the governance and controls to provide comfort and assurance, but with the development and innovation to face future challenges. Since 1984, our software has been the technology of choice for a myriad of providers. Profund has joined the ITM family – enabling us to strengthen and develop upon the long-term success of the software and solutions delivered to its customers. We support a variety of pension arrangements – defined benefit (DB) and defined contribution (DC), career average related earnings schemes (CARE) and hybrid schemes for an impressive client base covering actuaries, accountants, in-house pension departments, pension scheme trustees and third-party administrators. Over 100 schemes and 8 million members benefit from our innovative software solutions. Our pension administration systems include: Pensions administration software OPEN2 CLASSIC P3 PROPAY Built on modern technology, oPen2 provides a scalable solution suitable for Defined Contribution, Defined Benefit, Career Average, and Hybrid pension schemes. It features an RTI compliant pensioner payroll as well as the option to utilise integrated modules for workflow, electronic document management and online member, employer and trustee access. TELL ME MORE ABOUT OPEN2 Accounting Aviary is our intuitive modular pension fund accounting solution aimed at occupational pension schemes and third-party administrators across the UK, Republic of Ireland, Isle of Man and Channel Islands. Aviary is innovative financial management software which provides automation tools with any pension administration software, banks, payroll software, fund managers and custodians. Our clients wanted to be able to ‘key once’. Aviary was built upon this philosophy – enabling pension schemes to manage the transfer of their data across multiple software system – ensuring that a process is completed end-to-end without data having to be re-keyed. Not only does this improve accuracy and mitigate human error, it provides full audit trail by being able to trace back directly to the source. We take this one step further with our integrated report and accounts production tool Aviary Draft Accounts Reporting (ADAR). Finance teams spend a considerable amount of time and effort every year producing the Pension Scheme Report and Accounts with reliance on manual processes and intervention via an array of internal and external documents thus resulting in time and money being wasted on ‘non-value’ activities. Aviary is an end-to-end solution that provides a more efficient and controlled process, saving time and money. TALK TO US ABOUT AVIARY Administration tools WEB PORTALS DOCUMENT MANAGEMENT WORKFLOW WRAPAROUND SUPPORT Clarity Members, employers and trustees can gain secure and easy access to pension information via our Clarity web portal. FOR MEMBERS: Clarity helps members keep up-to-date with their pension information including: View contributions and how they have been invested View investments and request fund switches and redirections Access their documents View and update beneficiaries Update personal details Our real-time retirement modeller helps members make the most of their money when it comes to planning their options at retirement. FOR EMPLOYERS: Employers can login for an overview of their scheme… Seeing and emulating a member’s experience – so they can better support them with questions and issues FOR TRUSTEES: A web portal for secure scheme oversight… A scheme governance module to make overseeing a scheme that bit easier A document repository to store all those important bits in one place Clarity is the ideal portal for smaller to medium sized schemes and integrates with Profund’s administration platforms. PWP PWP is our member web portal used by larger schemes, white-labelled to provide a seamless experience for members. Behind a safe and simple login, members can access their pension information including: View contribution history View payment history, payslips and P60s Access important documents View investments and request fund switches and redirections View and update personal details View and update beneficiaries Run real-time calculations It easily connects with our oPen administration platform for an integrated solution. TELL ME MORE SUBSCRIBE TO OUR MAILING LIST Name Email * SUBSCRIBE Contact UsTermsAccessibilityPrivacy PolicyCookie Policy © Independent Transition Management Limited 2021