The focus is on strengthening the data foundation, improving data quality, and ensuring compliance with the mandatory participation requirements of the pension fund. Thanks to real-time reporting, the board gains faster access to reliable management information, which helps keep the fund in control. Where possible, artificial intelligence (AI) plays a supporting role.
Quality and transparency as the foundation
With the Future Pensions Act (Wtp) on the horizon, DataTrust offers a flexible and scalable solution to meet future requirements and obligations. The platform enables deeper insights into enforcement and reporting, allowing risks to be mitigated proactively.
An important part of the collaboration between the organizations is the so-called Stay Clean principle. With this approach, DataTrust applies an independent and transparent method to safeguard data quality. This enables the fund, independently of the pension administrator, to securely record the complete data history and source information without compromising reliability or integrity. The result is a data foundation for both past and future, allowing the administration to be fully audited and validated.
Building sustainable innovation together
Through innovative functionalities such as recalculation, AI-supported mandatory participation and enforcement, and reverse data mapping, DataTrust helps pension funds further optimize their administrative setup. This collaboration enables Pension Fund BPFV not only to address today’s challenges, but also to face the future with confidence.
“We consider it crucial to provide our participants with a reliable and future-proof pension administration,” says the board of BPFV. “The collaboration with DataTrust gives us the assurance that we have a solid data foundation, transparency, and innovative solutions that help us remain agile in a rapidly changing pension landscape.”