XPS Pensions Group has won ‘Software of the Year 2019’ at the Actuarial Post Awards
XPS Pensions Group has won the award for ‘Software of the Year 2019’ at the Actuarial Post Awards. Radar is a web-based tool offered to all XPS clients to help them gain insights into their scheme and make key decisions in real time. Radar has helped trustees and employers to identify opportunities to re-design and de-risk investment strategies, to conduct valuation negotiations efficiently and collaboratively, and to receive daily updates about how current market turbulence has impacted their schemes.
Radar’s recent development of a sophisticated journey planning functionality has been described by trustees as a “game changer”. Its ability to accurately project the expected evolution of a scheme on multiple bases enables trustees to design long-term funding strategies, monitor progress towards them and identify when the scheme might ultimately be able to achieve its long-term goals.
Paul Cuff, co-CEO of XPS Pensions Group, said: “We are delighted to have won Actuarial Post’s ‘Actuarial Software of the Year Award’. Radar is the cornerstone of everything we do for our actuarial and investment clients. The significant addition of journey planning this year has really taken Radar to the next level and feedback from clients has been fantastic. Continuing to invest in our technology solutions is a top priority for XPS Pensions Group.”