IT giant Tata Consultancy Services (TCS) and Nest, the UK’s largest workplace pension scheme, on Wednesday expanded their longstanding partnership to focus on the digital transformation of Nest’s scheme administration services to enhance the member experience. , furthered the plan’s mission to provide better retirement benefits. people across the UK.
IT giant Tata Consultancy Services (TCS) and Nest, the UK’s largest workplace pension scheme, on Wednesday expanded their longstanding partnership to focus on the digital transformation of Nest’s scheme administration services to enhance the member experience. , furthered the plan’s mission to provide better retirement benefits. people across the UK.
TCS is pleased to announce that it has signed a contract valued at £840m ($1.1bn) for an initial ten-year contract period. will be,’ he said. , to £1.5 billion. “
TCS is pleased to announce that it has signed a contract valued at £840m ($1.1bn) for an initial ten-year contract period. will be,’ he said. , to £1.5 billion. “
Nest and TCS have worked closely together since 2011, when the first digital auto-enrolment pension plan was launched.
Nest and TCS have worked closely together since 2011, when the first digital auto-enrolment pension plan was launched.
Since then, TCS has been responsible for end-to-end managed services across all aspects of the scheme, creating greenfield operations with an easy-to-use, multi-channel self-service model and a robust core that scales easily as Nest grows. built. A provider that enables millions of workers to save for retirement.
Since then, TCS has been responsible for end-to-end managed services across all aspects of the scheme, creating greenfield operations with an easy-to-use, multi-channel self-service model and a robust core that scales easily as Nest grows. built. A provider that enables millions of workers to save for retirement.
Under an extended partnership, TCS will help transform Nest’s managed services with a future-ready, digital-ready omnichannel platform powered by TCS BaNCS. The digital-first architecture also provides APIs that enable easy integration with ecosystem partners such as payroll providers and fintechs.
Under an extended partnership, TCS will help transform Nest’s managed services with a future-ready, digital-ready omnichannel platform powered by TCS BaNCS. The digital-first architecture also provides APIs that enable easy integration with ecosystem partners such as payroll providers and fintechs.
In addition, TCS leverages the latest technology and data analytics to provide members with a personalized and autonomous experience.
In addition, TCS leverages the latest technology and data analytics to provide members with a personalized and autonomous experience.
Vivekanand Rangopal, President of TCS BFSI Products & Platforms, said: “The purpose-driven partnership between Nest and TCS has resulted in a very successful pension plan for workers in the UK. It is now an innovative and user-friendly It has become the global benchmark for friendly pension plans.”, should operate an auto-enrollment pension scheme. “
Vivekanand Rangopal, President of TCS BFSI Products & Platforms, said: “The purpose-driven partnership between Nest and TCS has resulted in a very successful pension plan for workers in the UK. It is now an innovative and user-friendly It has become the global benchmark for friendly pension plans.”, should operate an auto-enrollment pension scheme. “
“We are excited to extend our long-standing partnership with Nest to help push the boundaries by delivering compelling omnichannel membership experiences to new generations of workers entering the workplace,” he added. We look forward to leveraging our contextual knowledge, our technology expertise and proven platform to help Nest realize our shared vision for the future.”
“We are excited to extend our long-standing partnership with Nest to help push the boundaries by delivering compelling omnichannel membership experiences to new generations of workers entering the workplace,” he added. We look forward to leveraging our contextual knowledge, our technology expertise and proven platform to help Nest realize our shared vision for the future.”
This will enable Nest’s 12 million members and 1 million employers to access the right information at the right time in the best possible way.
This will enable Nest’s 12 million members and 1 million employers to access the right information at the right time in the best possible way.
Gavin Perera Betts, Chief Customer Officer at Nest, said: “The interests of our members have always been our top priority, driving every decision we make and we are understandably ambitious about what we can achieve for our members. We are confident that our partnership with TCS will enable us to develop world-class services to help millions of people lead better retirement lives. “
Gavin Perera Betts, Chief Customer Officer at Nest, said: “The interests of our members have always been our top priority, driving every decision we make and we are understandably ambitious about what we can achieve for our members. We are confident that our partnership with TCS will enable us to develop world-class services to help millions of people lead better retirement lives. “
It should be noted that the TCS BFSI Platform is an end-to-end digital ecosystem that powers the activities of life, annuities/annuities, property/casualty, and health insurance providers.
It should be noted that the TCS BFSI Platform is an end-to-end digital ecosystem that powers the activities of life, annuities/annuities, property/casualty, and health insurance providers.
This SaaS-first platform helps companies manage enterprise simplicity, deliver superior customer experiences, and achieve digital transformation.
This SaaS-first platform helps companies manage enterprise simplicity, deliver superior customer experiences, and achieve digital transformation.
