THE BENCHMARK FOR AUTOMATED PENSION FUND ORDER PROCESSING AND TRANSFERS
THE INITIATIVE
The ViaNova group is a voluntary collaboration between product providers and third-party administrators in the UK corporate pensions industry. Our objective is to facilitate the automated processing of electronic transactions.
We espouse the use open standards based on data models and messages from the ISO 20022 messaging standard.
THE WORKING GROUP
ViaNova consists of a group of fund managers, administrators and technology providers who are active in the corporate pensions space.
The group has the clear objective to promote the automation of business processes used in this sector, seeking to improve efficiency, reduce risk and lower costs for all participants.
THE SOLUTIONS
Key to the success of automation initiatives is the definition of standard market practices that can be adopted by all participants.
ViaNova has adopted a business focused approach to this, making sure that these advances are then included in the technology solutions being offered to the market.