Retirement & Pension
Majesco V3locity for Pension Risk Transfer
Power Your Pension Risk Transfer Performance with Majesco V3locity
The Pension Risk Transfer (PRT) market is accelerating, with rising deal volumes, compressed timelines, and increasing complexity placing new pressure on insurers. Carriers must onboard large participant populations quickly, ensure data accuracy, and deliver seamless policyholder experiences while managing legacy systems and operational constraints. Success requires executing transactions at speed without sacrificing control, compliance, or service quality.
Majesco V3locity for Pension Risk Transfer enables insurers to meet these demands with a cloud-native SaaS platform built for scale, speed, and precision. By unifying administration, digital engagement, configurable workflows, and analytics, carriers can rapidly onboard PRT blocks, streamline operations, and deliver high-quality annuitant experiences. With proven migration capabilities and lifecycle automation, Majesco V3locity helps insurers reduce complexity, improve efficiency, and capture growth across PRT and institutional business lines.
Accelerate PRT Execution
Replace manual processes and disconnected tools with a unified platform that supports end-to-end PRT administration—from onboarding new blocks of business through ongoing policyholder service.
Scale with Confidence
Seamlessly manage growth in PRT volumes with Majesco V3locity’s cloud platform, enabling rapid onboarding of new transactions, efficient upgrades, and advanced capabilities to support evolving deal flow.
Redefine Operational Efficiency
Automate and streamline PRT administration processes to reduce operational costs, improve data accuracy, and enhance the policyholder experience across large, complex blocks.
Deliver Digital Self-Service
Meet rising policyholder expectations with secure, intuitive self-service tools—enabling anytime access to annuity information, benefit details, and transactions.
Strengthen Governance and Compliance
Maintain control and confidence with built-in audit trails, reporting, and compliance capabilities tailored to the regulatory demands of PRT transactions.
Featured Resources
Blog
Why Retirement and Pension Administrators Are Modernizing on the Cloud Now – The Business and Member Value Operational Efficiency, Security, Scalability and Member Engagement
Retirement and pension administration is well into a structural transformation phase. Public pension systems, Taft-Hartley funds, corporate retirement plans, and insurers supporting Pension Risk Transfer (PRT) are facing a convergence of pressures: demographic expansion, increasing regulatory oversight, heightened cybersecurity risk, increasing operational efficiency pressures, and rising expectations for digital member engagement. These structural trends are…
FAQ
Modern PRT administration platforms should support the full lifecycle of Pension Risk Transfer operations, from onboarding new blocks of business and validating participant data to benefit calculations, payments, compliance, and ongoing policyholder service. Leading platforms provide configuration-driven rules, automation, real-time data access, and API-based integrations to ensure accuracy, scalability, and efficient transaction execution.
Majesco V3locity reduces operational risk by automating high-volume processes and embedding controls directly into workflows. Straight-through processing minimizes manual intervention, while traceability and audit logs provide clear visibility into transactions and decision points. This enables insurers to maintain compliance, improve data accuracy, and strengthen audit readiness across PRT operations.
Majesco V3locity is built on a cloud-native SaaS architecture designed to support high-volume PRT transactions. The platform enables insurers to efficiently onboard large participant populations and manage growing deal flow while maintaining consistent calculations, governance, and operational control.
Digital self-service tools allow policyholders to securely access annuity information, submit requests, track status updates, and manage transactions online. By delivering intuitive and secure digital experiences, insurers can reduce call volumes, accelerate service, and improve transparency following a PRT transition.
Cloud-native SaaS platforms eliminate the limitations of legacy systems that require periodic upgrades and costly infrastructure maintenance. With continuous updates, enhanced security, and built-in scalability, insurers can remain current with regulatory requirements while supporting ongoing PRT growth and operational efficiency.
Administration technology is critical to executing successful PRT transactions. Insurers must onboard large participant populations, validate and transform historical data, calculate benefits accurately, and ensure uninterrupted payments and service. A modern platform enables efficient execution while maintaining accuracy, transparency, and compliance.
Majesco V3locity enables rapid onboarding through automation, configurable rules, and scalable processing. Insurers can efficiently transition large participant populations while maintaining data integrity, consistent calculations, and full visibility into the onboarding process.
Majesco V3locity uses configuration-driven calculation engines that support complex benefit structures and plan variations. These rules are applied consistently across all transactions, with embedded controls and traceability ensuring transparency and accuracy throughout the lifecycle of PRT administration.
