Nova: Origo Pension Transfer Gateway Solution
Industry
Cloud IT
Service
Origo Transfer
Project
To address these challenges, an AI-powered pension transfer gateway was developed.
Synopsis
The AI-driven pension transfer solution significantly improved efficiency, security, and scalability, positioning the client as a leader in digital pension management.
The Challenge
A financial services provider needed a cloud-based solution to facilitate pension transfers through the Origo Transfer Service.
The solution required seamless interoperability, real-time processing, and compliance with strict regulatory standards.
Existing pension transfer processes were cumbersome, requiring multiple manual steps and significant back-office intervention.
The client needed a solution that could handle straight-through processing (STP) while ensuring security, reliability, and auditability.
The Project
To address these challenges, an AI-powered pension transfer gateway was developed. The solution leveraged:
- Automated API Integration with Origo Transfer Service
- AI-driven Pension Transfer Lifecycle Modeling
- Compliance Monitoring and Audit Trail Management
Project Delivery
1.API-driven Pension Transfer Processing:
- AI-generated APIs ensured seamless communication with Origo’s transfer network.
2.Data Validation and Security Compliance:
- AI-driven checks ensured pension transfer data was accurate and regulatory-compliant.
3.Scalable and Fault-Tolerant Infrastructure:
- The cloud-based system ensured high availability and minimal downtime.
Benefits
- Increased Assets Under Management: Grew from £1bn in April 2020 to £3bn by April 2022
- Improved Efficiency: AI reduced manual intervention, accelerating processing times
- Security and Compliance: AI-driven monitoring enhanced data protection.
About Us
At Fimatix, we specialise in pioneering productivity engineering solutions, empowering businesses to achieve unparalleled efficiency, innovation, and growth.
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