Recordkeeping firms are changing the way they operate
Increasing regulatory complexity, competitive pressure and customer expectations are compelling recordkeeping firms to change the way they operate and govern operations. They are looking to reduce the effort and cost required to perform cumbersome procedures, such as customer on-boarding, plan migration, financial adjustments and impact analysis. And recordkeeping firms must do so while moving the business forward quickly. This means facilitating rapid and consistent growth to improve business results, while decreasing operational costs.
It’s practically impossible to meet these challenges while relying on antiquated, costly technologies that weren’t designed for today’s market, or to enable growth and evolution.
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