Majesco V3locity for Pension Risk Transfer (PRT) and Institutional Markets
Built to execute PRT faster with operational certainty at scale
Pension Risk Transfer (PRT) is accelerating, and operational execution is now the differentiator. Insurers are assuming larger, more complex blocks of business, while plan sponsors expect speed, precision, and seamless annuitant transition. The operational burden is real: high-volume onboarding, complex contract terms, intensive data validation, bulk transactions, stringent controls, often all on compressed timelines, and operational efficiency for competitiveness.
Legacy systems were not built for this reality with disconnected systems and manual work that slow onboarding, create exceptions, and make it harder to scale consistently and cost effectively across deals.
Majesco V3locity for Retirement & Pension Administration was built for this moment.
Majesco V3locity is a cloud-native, end-to-end platform supporting the full lifecycle of pension risk transfer and institutional annuity administration, bringing core administration, digital engagement, and configuration into a single solution. It delivers a unified platform for deal onboarding, contract activation, benefit and payment processing, reporting, and annuitant/client engagement, enabling teams to execute at speed and efficiency without sacrificing control.
By combining deep institutional market expertise with modern cloud architecture and advanced automation, Majesco V3locity enables insurers to bid on and execute pension risk transfer transactions faster, more cost-effectively, and at scale while meeting rising sponsor expectations and building a durable platform for long-term institutional growth
Business Value at a Glance
Modernization
Seamlessly transition existing pension risk transfer business and legacy group annuity products into a unified cloud-native platform, simplifying operations and reducing fragmentation.
Operational Efficiency
Automate workflows and drive straight-through processing to reduce manual effort, improve accuracy, increase throughput for high-volume operations, and deliver efficiencies for competitive pricing.
Enhanced Customer Experience
Use rules-based processing and proactive annuitant engagement to elevate service consistency, transparency, and satisfaction.
Faster Speed to Market
Rapidly support and modernize buy-outs, buy-ins, retiree lift-outs, and plan termination risk transfer offerings while staying responsive to market shifts.
Robust Data Readiness for Deal Setup
Improve precision and accelerate onboarding with data scrubbing and bulk annuitant loading tools designed for large, complex data sets.
Cloud-Enabled Scalability & Resilience
Leverage a cloud-native platform to support growth, resiliency, operational efficiency, and continuous improvement without being trapped in disruptive upgrade cycles.
Core Capabilities
End-to-End Pension Risk Transfer Administration
Provides comprehensive lifecycle support for deal acceptance, plan sponsor onboarding, annuitant loading/contract activation, benefit and payment processing, bulk operations, and reporting.
Operational Efficiency with Automated Processing and Controls
Straight-through processing and bulk transaction tools minimize manual intervention, improve accuracy, and accelerate operational performance.
Robust Data Management and Analytics
Data scrubbing, bulk annuitant loading, and analytics deliver accurate insights to support decision-making and compliance across the pension risk transfer lifecycle.
Flexibility with Configurable Product and Contract Rules
Support complex risk transfer products and institutional contract structures through configuration, enabling rapid response to market and regulatory change.
Integrated Digital Experiences
Digital self-service portals and proactive engagement tools enhance experiences for both institutional clients and annuitants.
Cloud-Native Platform with Continuous Innovation
A SaaS-based architecture delivers enhanced security, scalability, and continuous innovation through regular solution updates.
Why Majesco V3locity?
Built for PRT Execution at Scale
Purpose-built capabilities for the realities of pension risk transfer and institutional businesses with scalable, cloud-native solutions.
Accelerated Growth Enablement
Enable rapid rollout of buy-outs, buy-ins, split deals, and bulk transactions to meet demand and reduce time to production.
Unified Enterprise Capabilities on One Solution
Pension risk transfer administration plus workflow, reporting, documents, and CRM-aligned capabilities on a single platform experience.
Cloud-Native Security and Resilience
Enterprise-grade security, lower total cost of ownership, and operational resilience designed for high-volume pension risk transfer environments.
Take the next step.
The pension risk transfer market is expanding quickly, raising the bar for speed, scale, and flawless execution. Majesco V3locity provides the operational foundation institutional organizations need to modernize with confidence, execute deals efficiently, operate efficiently, compete aggressively, and support future growth.
Contact Us to Take the Next Step
Contact us to explore how Majesco V3locity can support your retirement and pension modernization strategy.