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Benefit Calculation Engines for Member Administration

Specialized software that performs complex actuarial calculations for various benefit scenarios, including retirement, disability, survivor benefits, and pension transfers, ensuring compliance with plan rules and regulatory requirements.
Other Member Administration

V3locity
By: Vitech Systems Group
https://www.vitechinc.com/v3locity
A cloud-native platform that supports pension administration, including calculations, payments, member self-service, workflow, document management, and reporting. Integrates with investment management systems and offers configuration tools for regulatory compliance.

Altair
By: Aquila Heywood
https://www.aquilaheywood.co.uk/solutions/altair/
A comprehensive pension administration system with modules for member management, calculations, payments, communications, and regulatory compliance. Supports defined benefit, defined contribution, and hybrid schemes with workflow management and document imaging.

LRS Pension Solutions
By: Levi, Ray & Shoup, Inc. (LRS)
https://www.lrs.com/pensionsolutions/
Comprehensive benefit calculation engine with support for complex formulas, multiple plan types, and regulatory requirements. Includes member self-service portals, automated workflows, document management, and integration capabilities.

UPM
By: Civica
https://www.civica.com/en-gb/product-pages/upm/
Pension administration system with comprehensive benefit calculation capabilities, handling complex pension schemes, multiple benefit types, and regulatory requirements. Includes member self-service, workflow automation, and reporting tools.

Custom Pension Administration Solutions
By: Itransition
https://www.itransition.com/industries/financial-services
Tailored benefit calculation engines and pension administration platforms built to client specifications. Features include complex formula modeling, regulatory compliance, member portals, workflow automation, and integration with existing systems.

Procloud
By: Procyon Solutions
https://procyonsolutions.com/solutions/procloud/
Cloud-based pension administration system with sophisticated benefit calculation engines, supporting DB, DC, and hybrid schemes. Includes member self-service, workflow automation, document management, and compliance tools.

Pension Software Solutions
By: Willis Towers Watson
https://www.wtwco.com/en-US/Solutions/pension-software
State-of-the-art member administration tool that provides automatic benefit calculations, reporting, and compliance tracking for pension schemes, ensuring accuracy and regulatory compliance.

Celicity Benefit Calculation Engine
By: Celicity
https://www.celicity.com/products/benefit-calculation-engine/
An automated engine that efficiently calculates pension benefits while ensuring compliance with regulatory requirements. It features a user-friendly interface and robust analytics capabilities.

Milliman Benefit Calculator
By: Milliman
https://www.milliman.com/en/solutions/pension-management/
A comprehensive tool that allows for accurate and detailed calculations of pension benefits. It supports various pension plan designs and integrates with Milliman's actuarial services for enhanced decision-making.

PensionGold Benefit Calculation Engine
By: LRS Retirement Solutions (Levi, Ray & Shoup, Inc.)
https://www.lrsretirementsolutions.com/products/pensiongold-benefit-calculation/
Supports multi-tier, multi-plan benefit calculations, automated processing for refunds and retirements, flexible formula builder, and eligibility validations for DB and DC plans. Integrates with broader administration modules.

Pension Benefit Calculation Engine
By: Ortec Finance
https://www.ortec-finance.com/en/solutions/pension-funds/administration/
Flexible, parameter-driven engine for calculation of all types of pension benefits. Handles multi-scheme, multi-country, legislative compliance, real-time calculations for statements, projections, and self-service portals.

ResourceLink Pensions Module
By: Zellis
https://www.zellis.com/solutions/pension-management/
Offers an integrated benefit calculation engine enabling accurate, rules-based pension calculations for all scheme types, including automated annual updates, member queries, and projections.

TCS BaNCS Pension Administration Solution
By: TCS Financial Solutions
https://www.tcs.com/what-we-do/industries/bfs/bancs/solutions/pension-administration
Offers a benefit calculation engine to support defined benefit, defined contribution, and hybrid pension schemes, ensuring regulatory compliance, auditability, and automation of benefit projections and disbursements.