The Compendia self service website and mobile app, which was successfully launched last year, has been recognised for its outstanding innovation, as well as contributing to the advancement of technology within the sector.
Equiniti worked with our mobile developers Mubaloo Group to create the new responsive web platform and bespoke white label mobile app. Equiniti has seen a 238% increase in members registering over the course of a year since the launch of Compendia and has also had a 500% increase in members accessing their pension each month.
Equiniti research also confirmed that the platform drives member engagement, with 87% of users checking their fund performance. Two out of three users said that they are extremely likely to recommend the App to their friends and colleagues, with 70% having already done so.
Richard Llambias, head of product strategy, Equiniti Pension Solutions, said: “We recognised the need for better customer interaction regarding pensions and have had a clear mission to put technology at the heart of our business. The solution incorporated a completely redesigned responsive web platform and bespoke mobile app that offered scheme members the ability to manage their pension and investment funds. Our ultimate aim is to engage and empower members, so we are extremely proud to have our hard work recognised by this prestigious award.”
The Appsters winners were announced at a ceremony attended by some of the brightest stars in the world of App development at the Fox @Excel in London on Thursday 19th November.
Equiniti is one of the largest providers of outsourced pension administration in the UK, working with major schemes in the public and private sector with Defined Benefit, Defined Contribution and Hybrid arrangements.
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Notes to Editor
Equiniti keeps things running smoothly behind the scenes for some of the best-known brands and public sector organisations in the UK.
We specialise in providing finely-tuned finance and administration services, as well as smart technology solutions, in complex and regulated markets.
Our services are delivered by 3,500 employees across 29 office locations, enabling us to offer solutions that are flexible, adaptable and scalable.
We are acknowledged leaders in the pension services market and in the share registration market, where our clients include around half the FTSE 100.
Our mission is to make the complex simple.