Spotlight 
Video 
Blog As the pensions industry accelerates toward scheme consolidation, through buyouts, superfunds, and efficient run-on platforms – there’s an equally pressing need for technology to keep pace.
In our recent webinar hosted by The Actuary’s Christian Doherty and presented by Gavin Watts and Matthew Leathem from Mantle, we explored the case for tech and pension software consolidation and what it means for pension providers in the new world.
Mantle’s Gavin Watts discusses our five key take aways below and next steps to consider:
Key take aways
1. Consolidation is Inevitable – But Not Just for Schemes
The pensions market is rapidly shifting as schemes move toward endgame solutions. Yet, while we often focus on consolidating liabilities, the underlying technology infrastructure must not be left behind. Legacy systems, manual workarounds, and fragile integrations create inefficiencies and risks that are no longer sustainable.
2. The Tech Pain is Real and Growing
Many pensions’ operations rely on outdated systems and tactical fixes (yes, we’re talking about that key spreadsheet managed by the semi-retired subject expert). This tangled ecosystem is vulnerable to regulation changes, increases operational risk, and hampers innovation.
3. Consolidation Beats Automation Alone
While automation streamlines processes, true tech consolidation simplifies the entire ecosystem—fewer systems, fewer handoffs, fewer risks. A consolidated technology platform seeks to minimise duplication of functionality and data storage, with interactions happening by design rather than patching together separate systems with their own unique requirements.
4. Design the designation
Consolidation does not mean implementing a single piece of software which handles every aspect of your operations; I doubt such a piece of software exists! Instead, focus on the operational processes which naturally fit together, those which are currently a source of pain, and protect the ones which are better than others in your sector. Understanding what is in the market is a great place to get a sense of what is possible, but as any technology professional will tell you, focus on requirements before solutions.
5. Plan big, execute small
The transition does not need to be a “big bang” move. Once you have your plan, consider how best to manage your transition so you get the early wins, and build a strong foundation for subsequent changes to follow.
Final thoughts
Modernising your pensions technology isn’t just about innovation—it’s about survival in a rapidly evolving market. The case is clear: if your schemes are consolidating, your software should be too.
To recap on the webinar, watch it here. For further information on Mantle and how we can help you with your pension management processes, visit our website www.mantleservices.com or email us at enquiries@mantleservices.com
